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This document outlines the bond agreement between the roofing contractor and the surety company, setting forth the conditions of obligation to the Kentucky Roofing Contractors Association. It ensures the contractor\'s liability to fulfill obligations arising from construction contracts within a specified certification period, guaranteeing payment of up to $10,000 to customers for valid claims.
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A roofing contractors bond is a type of surety bond that ensures that a roofing contractor will comply with relevant laws and regulations and complete their work satisfactorily.
Roofing contractors, particularly those who plan to operate in a certain jurisdiction, are typically required to file a roofing contractors bond.
To fill out a roofing contractors bond, the contractor must provide their business information, licensing details, and any required signatures on the bond form before submitting it to the relevant authority.
The purpose of a roofing contractors bond is to protect clients from potential losses caused by incomplete or defective work, ensuring financial compensation if the contractor fails to fulfill their obligations.
The information that must be reported on a roofing contractors bond typically includes the contractor's name, business address, license number, bond amount, and details about the surety company.
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