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BUREAU of LABOR & INDUSTRIESApplication for Aggregate Surety Bond/Cash Deposit Reduction (To Be Filed by Each Licensee of the Business) I, ___ certify: 1. That I am a current licensee in the operation
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How to fill out application for aggregate surety

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How to fill out application for aggregate surety

01
Gather all necessary information and documents such as financial statements, resumes of key personnel, project information, and insurance documents.
02
Review the application form carefully and fill out all required fields accurately.
03
Provide any additional information or documentation required by the surety company.
04
Double check the application form for any errors or missing information before submitting it to the surety company.
05
Follow up with the surety company to ensure that the application is being processed in a timely manner.

Who needs application for aggregate surety?

01
Contractors who are bidding on large construction projects and are required to provide a surety bond as part of the bidding process.
02
Construction companies looking to obtain a line of credit or financing from a bank or other financial institution.
03
Government agencies or municipalities that require contractors to have a surety bond in place before beginning work on public projects.
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The application for aggregate surety is a form used to provide a guarantee for multiple projects or obligations.
Contractors or businesses who need to provide a surety bond for multiple projects may be required to file an application for aggregate surety.
The application for aggregate surety can be filled out by providing information about the projects or obligations requiring the bond, financial information, and other relevant details.
The purpose of the application for aggregate surety is to secure a bond that covers multiple projects or obligations, instead of obtaining separate bonds for each project.
The application for aggregate surety may require information such as project details, financial statements, work history, and references.
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