Get the free BOLI Public Works Bond Form

STATE OF OREGON CONSTRUCTION CONTRACTORS BOARDCONSTRUCTION FLAGGING CONTRACTOR SURETY BOND CCB # (if already issued)Surety companys bond #___ (the Principal) is a construction flagging contractor

How to fill out boli public works bond

How to fill out boli public works bond

1. Read the instructions: Before you start filling out the BOLI Public Works Bond, carefully read the instructions provided. This will give you a clear understanding of the information and documents you need to complete the bond form.
2. Gather all required information: Make sure you have all the necessary information handy, including project details, contractor information, payment and performance bonds, and any other relevant documentation.
3. Complete the bond form: Fill out the bond form accurately and legibly. Provide all the required information, such as project name, contractor name, bond amount, and other pertinent details.
4. Attach supporting documents: If there are any supporting documents required, such as payment and performance bonds, make sure to attach them securely to the bond form.
5. Review and double-check: Before submitting the completed bond form, carefully review all the information provided. Double-check for any errors or missing details.
6. Submit the bond form: Once you are confident that the bond form is accurately filled out and all necessary documents are attached, submit the form as instructed by the relevant authority. This may involve mailing or electronically submitting the form.
7. Keep a copy for your records: Make a copy of the completed bond form and all supporting documents for your records. This will serve as proof of compliance with the BOLI Public Works Bond requirements.

Who needs boli public works bond?

1. Contractors: Contractors involved in public works projects in the state of Oregon may need a BOLI Public Works Bond. This bond ensures compliance with prevailing wage rates, fringe benefit payments, and other obligations as per the state's public works contracts.
2. Subcontractors: Subcontractors working on public works projects in Oregon may also be required to obtain a BOLI Public Works Bond. This bond offers protection to workers and ensures adherence to labor regulations.
3. Government Agencies: Government agencies responsible for awarding public works contracts may require contractors and subcontractors to secure a BOLI Public Works Bond. This helps to safeguard the interests of workers and ensures the fulfillment of contractual obligations.

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What is boli public works bond?

BOLI public works bond is a type of surety bond required by the Bureau of Labor and Industries (BOLI) in certain states for contractors working on public construction projects. It ensures compliance with labor laws and guarantees payment for labor and materials.

Who is required to file boli public works bond?

Contractors who are awarded public works projects in states that require BOLI public works bonds must file this bond.

How to fill out boli public works bond?

To fill out a BOLI public works bond, contractors need to provide their business information, the details of the public works project, and other required certifications. It's best to consult the specific bond form or a legal advisor for guidance.

What is the purpose of boli public works bond?

The purpose of the BOLI public works bond is to protect the public by ensuring that contractors comply with labor laws and wage requirements while conducting public works projects.

What information must be reported on boli public works bond?

The bond typically requires information such as the contractor's name, project details, bond amount, surety company's details, and statements affirming compliance with relevant laws.