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Tonry Insurance Group 300 Congress Street Quincy, MA 02169 / Phone: 6177739200 / Fax: 6177739920 LICENSE/PERMIT BOND REQUEST FORM Please complete this Form and email, fax or mail along with a copy.

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How to fill out the License Permit Bond Request Form online

Completing the License Permit Bond Request Form online is a straightforward process that ensures you have the necessary documentation for your bonding needs. This guide will provide you with step-by-step instructions on how to efficiently fill out the form to facilitate a smooth submission.

Follow the steps to complete your License Permit Bond Request Form.

  1. Press the ‘Get Form’ button to access the License Permit Bond Request Form and open it in your online editor.
  2. Enter your contractor information, including your full name or business name in the designated field for 'Contractor'. Below that, input the name of your contact person along with their phone number.
  3. Specify the type of license or permit you are applying for in the corresponding section. Make sure to provide a clear and accurate description.
  4. Indicate the amount of the license bond you are requesting in the appropriate field. Ensure that this amount aligns with the requirements set forth by the obligee.
  5. Fill in the effective date for the bond. This is usually the date you want the bond to start.
  6. Select the term of the bond from the options available: 1 year, 2 years, or 3 years. Remember, discounts are available for pre-paying multiple years.
  7. Provide the name of the obligee, which is the party requesting the bond, along with their address, city, state, zip code, phone number, and contact person's name.
  8. Indicate whether the provided form is attached by checking 'Yes' or 'No' in the respective field.
  9. Use the comments section to add any additional notes or information that may assist in processing your request.
  10. Choose your preferred delivery option for the bond. If you do not specify, the bond will be mailed via the US Postal Service. If selecting an expedited delivery, make sure to provide your account number.
  11. Once you have filled out all the required sections, save your changes, and then download or print the completed form for your records.

Start completing your License Permit Bond Request Form online today!

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A bid bond only covers the bid itself, ensuring that the contractor selected can follow through on the project while a performance bond only becomes necessary once a bid is won and a contract is awarded to the contractor.

A surety bond is a legal binding contract that guarantees a third party will meet the tax obligations of an employer. Surety bonds are available to non-profit organizations electing unemployment insurance reimbursable coverage and to employee leasing companies.

A bid bond provides assurance to GCs and owners that if a subcontractor does not complete their work, the surety company will complete the obligations as stipulated in the contract. Bid bonds are required on most federal projects because of the Miller Act, though other types of projects may require bid bonds as well.

A bid bond provides a guarantee that a winning bidder will take up the contract as per the terms at which they bid. A bid bond ensures compensation to the bond owner if the bidder fails to begin a project. Bid bonds are often used in construction jobs or other projects that follow a similar bid-based selection process.

A surety bond application is a form required by the surety carrier. It provides the basic information needed about the bond and the principal for the approval process. It also often serves as the legal contract between the surety carrier and the principal.

The function of the bid bond is to provide a guarantee to the project owner that the bidder will complete the work if selected. The existence of a bid bond gives the owner assurance that the bidder has the financial means to accept the job for the price quoted in the bid.

The State Board for Residential and General Contractors requires a $25,000 surety bond. Residential Basic and Residential Light Commercial license applicants can submit a $25,000 surety bond, a letter of credit, affirmation of minimum net worth, or a bank credit form indicating two years of banking history.

The purpose of a bid bond is to provide assurance to the project owner that the bid was submitted in good faith. Should a contractor be awarded the contract and decide not to undertake the job, the project owner can then use the bond to cover the difference between the awarded and second lowest compliant bidder.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232