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Get Ga Performance Bond - City Of East Point 2008-2025
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How to fill out the GA Performance Bond - City Of East Point online
The GA Performance Bond is a vital document that ensures the contractor fulfills their obligations to the City of East Point. This guide will walk you through each section of the form, helping you navigate the process of completing it online in a clear and user-friendly manner.
Follow the steps to complete the GA Performance Bond smoothly.
- Use the ‘Get Form’ button to acquire the form and open it in the designated online editor.
- In the first section, fill in the name of the contractor where indicated. This should be the legal name of the entity or individual responsible for the project.
- Next, specify the name of the surety company. Ensure that you include the full legal name to avoid any potential issues.
- Identify the principal by filling in the designated space with the contractor’s name again where it specifies 'as Principal'.
- Enter the total amount of the performance bond, which must equal one hundred percent of the contract award amount, in both numerical and written forms.
- Provide the date mentioned in the executed written agreement with the City. This date is significant as it relates to your obligations.
- Complete the section specifying the project's title as referenced in the contract. Ensure this matches the official title used in any contracts with the City.
- Once all required sections are filled out, check the document for any errors or omissions, then proceed to save your changes.
- Finally, download, print, or share the completed form as necessary to comply with submission requirements.
Complete your GA Performance Bond online now to ensure a smooth contracting process with the City of East Point.
A performance bond is a financial guarantee to one party in a contract against the failure of the other party to meet its obligations. It is also referred to as a contract bond. A performance bond is usually provided by a bank or an insurance company to make sure a contractor completes designated projects.
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