NSITE DOCUMENT

Bond Checklist for Contracts.docx

  • Library: Purchissues
  • Year Created: 2022
  • File Type: DOCX
The document outlines a comprehensive checklist for verifying the validity and accuracy of bonds associated with contracts. It includes steps such as ensuring the bond is an original, on the correct form, and has the necessary details like bond number, principal's name, and work description matching the contract. It also covers verifying signatures, dates, notary acknowledgments for both the principal and surety, and checking the surety's power of attorney for validity and alignment with the bond. Additionally, it specifies the need for surety verification printouts from reputable sources and emphasizes consistency and accuracy in all documentation.
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