This form may be completed and used by a subcontractor or supplier who has not been fully paid on a project and is seeking payment from the surety (insurer) under the terms of a payment bond. In construction, a payment bond is a bond on the general contractor to ensure payment to subcontractors and suppliers.
Surety Bond Claim Form For Texas
Category:
State:
Multi-State
Control #:
US-CONST3
Format:
Word;
Rich Text
Instant download
Description
How to fill out Bond Claim Notice?
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FAQ
Anatomy of a Surety Bond Form Bond Number. The surety company assigns this unique identifying number to the bond. ... Principal. The principal is the person or business required to obtain the bond. ... Surety Company. ... Bond Penalty (Penal Sum) ... Obligation. ... Obligee. ... Effective Term. ... State.
KNOW ALL MEN BY THESE PRESENTS THAT I, ______________________________ Son/ daughter /wife of _________________________ resident of _______________________, in the District of _____________ at present employed as a permanent _____________ in the__________________ (hereinafter called "the Surety") am held and firmly ...
Bail bonds are a type of surety bond that may be used in criminal cases. After a person is arrested, a bail bondsman may pay bail on their behalf, providing the guarantee that the person will appear in court as required during their case while also following any other conditions that may apply.
Bonded titles are titles associated with your vehicle and are issued to you when the original title is assigned incorrectly or is missing. When you apply for a bonded vehicle title you are required to pay a surety bond that ensures you are the true owner of the vehicle in which you are trying to gain a new title.
Texas Surety Bond Costs "How much will my surety bond cost?" is one of the most common questions. Bond costs are generally 1-10% of the full bond amount that's required of you in Texas. So, for example, if you need a $10,000 bond, your costs could be anywhere between $100 - $1,000.
