Get Guarantee Bond Form - Mass.gov - Mass

Filling out the Guarantee Bond Form is an essential step for contractors operating in Massachusetts. This guide provides clear, step-by-step instructions to help you navigate the process seamlessly and ensure compliance with relevant laws.

Follow the steps to complete your Guarantee Bond Form effectively.

1. Press the ‘Get Form’ button to access the form and open it in your document editor.
2. Fill in the contractor's or subcontractor's name in the designated space. Include their federal identification number.
3. Insert the contract date and specify the contract amount in dollars.
4. Provide the name of the principal owner or general contractor and the corresponding job location.
5. Note that a guarantee bond equivalent to 6.25 percent of the contract amount is required by the commissioner of revenue.
6. Specify the maximum sum for the bond that equals the taxes incurred on the job.
7. Indicate the obligations outlined in the sections regarding tax returns and payment obligations.
8. Complete any additional sections that require information regarding rental equipment and taxes payable.
9. Have both the contractor and surety sign the form, including their titles and dates.
10. Once all fields are filled, save your changes and choose to download, print, or share the completed form.

Complete your Guarantee Bond Form online today to ensure compliance and avoid any delays.