Get Advance Payment Bond Application

The advance payment bond application is a crucial document necessary for securing financial obligations in contractual agreements. This guide provides clear and detailed steps to successfully complete the application online, ensuring all required information is accurately submitted.

Follow the steps to fill out your advance payment bond application online

1. Press the ‘Get Form’ button to access the advance payment bond application form and open it in your chosen editor.
2. Begin by entering the ‘Full Name of Applicant’ followed by the ‘Contact Person.’ Ensure that this information is correct to facilitate easy communication.
3. Provide your ‘Email,’ ‘Phone,’ and ‘Fax’ numbers for communication regarding the bond.
4. In the ‘Details of Bond Required’ section, fill in the ‘Full Name of party in whose favour Bond is to be issued’ and their corresponding ‘Address.’
5. Specify the ‘Value of Bond Required’ as well as the ‘Commencement Date’ and ‘Finish Date’ for the project.
6. Include the ‘Contract Price’ and answer whether the contract was awarded by tender. If yes, provide details of other tenders.
7. Fill out the ‘Contract Name/No. as per Contract Documents’ and the ‘Name & Address of Architect/Engineer/Consultant’ involved.
8. Indicate the ‘Maintenance Period’ and the ‘Location of Contract work,’ along with a brief ‘Description of work.’
9. Answer whether standard conditions apply and if there is a retention for maintenance, specifying the percentage if applicable.
10. Indicate if increased costs are reimbursed and state if you have previously had contracts with the Principal.
11. Confirm whether you own all necessary plant and equipment to complete the contract.
12. Attach the latest set of financial accounts and company profile as required.
13. Address any changes in financial situation that are not reflected in the financial statements by answering the respective questions.
14. Complete the declaration section, affirming the accuracy of provided information and your authorization to make this declaration.
15. Sign and date the declaration with the name of the Principal or Director, ensuring all fields are complete.
16. Once all information is filled out, review the application for accuracy. You can save changes, download, print, or share the completed form as needed.

Complete your advance payment bond application online today!