Get Digital Bid Bond

Filling out the Digital Bid Bond form online can seem daunting, but with clear guidance, it can be a straightforward process. This guide will walk you through each section, ensuring that you provide all necessary information accurately and efficiently.

Follow the steps to complete your Digital Bid Bond form online

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your business name in the designated field at the top of the form.
3. Provide the contact person's name at your company, ensuring they will be available for any correspondence.
4. Fill in the email address and telephone number of the contact person you just named.
5. Input the project owner’s name in the corresponding field.
6. Provide the name and contact information for a person associated with the project owner.
7. Fill in the RFP or project name and number if applicable, along with the project’s physical location.
8. Describe the project briefly in the description field, outlining the main aspects.
9. If applicable, designate the bid bond penalty amount as a percentage.
10. Specify the estimated start date for the project.
11. Select whether any renewal terms are allowed, and provide additional information if necessary.
12. Enter any retainage amount percentage and specify the penalty for delays, if any.
13. Describe how the amount of the performance bond is being calculated.
14. If it is a multi-year contract, provide the average contract amount per year.
15. Indicate if the project owner has specific required bond forms, and provide copies if applicable.
16. Clarify if the owner will accept an annually renewable bond form if it's a multi-year contract.
17. Provide a brief description of any work that will be subcontracted.
18. Fill in your project cost breakdown, including estimated costs for equipment/material, labor, subcontractors, overhead, and profit.
19. After completing all sections, ensure that the total cost reflects the sum of all estimates.
20. Specify to whom the bond should be delivered and the deadline for delivery.
21. If overnight delivery is required, select the preferred shipping method.
22. Finally, review all entries for accuracy. Once confirmed, save changes, download, print, or share the form as necessary.

Complete your Digital Bid Bond form online today for an efficient submission process.