Get Bid Bond

Filling out the Bid Bond is a crucial step in the bidding process for contractors. This guide will provide you with clear, step-by-step instructions on how to complete the Bid Bond form online, ensuring all necessary information is submitted accurately.

Follow the steps to complete your Bid Bond form accurately.

1. Click ‘Get Form’ button to obtain the Bid Bond form and open it in the editor.
2. Enter the contractor’s company name in the designated field. This should reflect the legal name of your business.
3. Fill in the obligee's name, which is the entity you are doing work for. Make sure to provide the complete and correct name.
4. Complete the address of the obligee, ensuring all details are accurate for correspondence purposes.
5. Add the phone number of the obligee. This contact information will be important for any follow-ups.
6. Specify the bid date and the time of bid clearly, indicating whether it is AM or PM.
7. Provide a complete description of the work being bid on, avoiding general project titles to ensure clarity.
8. Enter the contract number, if applicable. This will help in referencing your bid with the project.
9. Indicate the actual location of the job, which should be the physical site where the work will take place.
10. Input the estimated contract price in the appropriate field, which is essential for calculating the bid bond amount.
11. Specify the percentage required for the bid bond to ensure that you comply with the regulations of the obligee.
12. Fill in the amount of the requested bid bond, which is calculated based on the estimated contract price and the required percentage.
13. Detail any penalties for delays that may be incurred, specifying the terms clearly.
14. Outline the payment terms that will govern the agreement if awarded the contract.
15. State the expected start date for the work and the anticipated completion date to set clear expectations.
16. If special bond forms are required, ensure they are included with this form. Note that a reprocessing fee may apply.
17. Choose your method of delivery for the completed bid bond form, and enter the appropriate shipping information, including account numbers for express services.
18. If applicable, provide a credit card number and expiration date for shipping fees, ensuring it is accurate for billing purposes.
19. Review all entered information for accuracy and completeness, ensuring that every field is filled as incomplete forms may not be processed in a timely manner.
20. Save your changes and choose to download, print, or share the completed Bid Bond form as required.

Complete your Bid Bond online today to streamline your bidding process.