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  • Ga Performance Bond - City Of East Point 2008

Get Ga Performance Bond - City Of East Point 2008-2025

PERFORMANCE BOND (Must equal one hundred percent of Contract award amount) CITY OF EAST POINT, GEORGIA Knows ALL MEN BY THESE PRESENTS THAT, as CONTRACTOR (hereinafter referred to as the SURETY Principal).

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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.

  1. Use the ‘Get Form’ button to acquire the form and open it in the designated online editor.
  2. 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.
  3. Next, specify the name of the surety company. Ensure that you include the full legal name to avoid any potential issues.
  4. Identify the principal by filling in the designated space with the contractor’s name again where it specifies 'as Principal'.
  5. 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.
  6. Provide the date mentioned in the executed written agreement with the City. This date is significant as it relates to your obligations.
  7. 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.
  8. Once all required sections are filled out, check the document for any errors or omissions, then proceed to save your changes.
  9. 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.

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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.

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.

Contract bonds, sometimes referred to as construction bonds, ensure that the obligations of a construction contract are met, from starting work as promised (bid bonds) to completing the project per specifications and on time (performance bonds) to paying their subcontractors and suppliers for the project (payment bonds ...

A bid bond is replaced by a performance bond when a bid is accepted and the contractor proceeds to work on the project. A performance bond protects a client from a contractor's failure to perform ing to the contractual terms.

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.

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© Copyright 1997-2025
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
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
airSlate WorkFlow
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 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232