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.
Indiana Bond Claim Notice
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
Fill out the proper Indiana construction lien forms in duplicate and have them notarized. All Indiana mechanic's lien paperwork you fill out should include the amount you're claiming, your name and address, the project owner's name and address, a legal description of the project, and the address of the project.
Fill out our quick and easy online application and get a free quote. When applying for a bond, you will typically fill out an application that requests for your profession, information about your business, your financial status and the bond that you wish to apply for.
Filing a Bond Claim The consumer will contact the surety directly to engage this process. Claims against a surety company may be filed by homeowners, any person damaged by a willful and deliberate violation of a construction contract or by employees damaged by the contractor's failure to pay wages.
Complete a local Indiana contractor license application. Obtain General Liability and Workers' Compensation Insurance. Get an Indiana contractor license surety bond (in the amount required by the local licensing body) Complete a criminal history record form or pass a criminal background check.
It's important to remember that the only parties entitled to mechanic's lien protection in the Hoosier State are contractors, subcontractors, equipment lessors, suppliers to prime or subcontractors, and laborers. Suppliers to suppliers do not have mechanic's lien rights in the State of Indiana.
Bond refunds will be made payable to and given only to the the person who made the deposit. The defendant will need to apply for the bond refund when the case is decided and if the case has not been dismissed. The court may or may not apply the bond refund toward other court fees.
