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DMD Job No.___BOND FOR FAITHFUL PERFORMANCE OF CONTRACT FOR INSTALLATION OF WATER AND/OR SEWER FACILITIES TO BE DEDICATED TO PADRE DAM MUNICIPAL WATER DISTRICTWHEREAS, Padre Dam Municipal Water District
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How to fill out bond for faithful performance

01
Obtain the necessary bond form from the appropriate agency or organization.
02
Fill out the required information accurately, including the name of the principal (the person or entity being bonded), the name of the obligee (the entity requiring the bond), and the amount of the bond.
03
Provide any additional information or documentation that may be required, such as financial statements or proof of insurance.
04
Sign the bond form and have it notarized if necessary.
05
Submit the completed bond form along with any required fees to the appropriate agency or organization.

Who needs bond for faithful performance?

01
Contractors
02
Construction companies
03
Government entities
04
Individuals or businesses involved in large projects or contracts that require a guarantee of performance
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Bond for faithful performance is a type of surety bond that guarantees that a person or entity will fulfill their obligations faithfully.
Most commonly, contractors or employees who are working on a project funded by public money are required to file bond for faithful performance.
To fill out a bond for faithful performance, you typically need to provide information about the project, the amount of the bond, and your financial history.
The purpose of bond for faithful performance is to protect the project owner or the party providing payment in case the bonded party fails to fulfill their obligations.
The bond for faithful performance typically requires information such as the project details, the bond amount, the term of the bond, and the bonding company's information.
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Relevant keywords

california pdmwd rescission severally powerofattorney thereon claimant insurer oneyear thereunder provender sureties obligee inure claimants executors successors hereinafter indemnify subcontractors covenants hereto surety bounded whereof taxed assigns tr

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