Contractor
Contractor Bonds
First Indemnity of America provides bonding for all types of contractors and sub-contractors regardless of the frequency of their bond needs. These include:
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Bid Bonds
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Performance & Payment
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Maintenance Bonds
Here is what you will need to get started
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A completed Contractor's Questionnaire.
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Copies of the Principal's Resumes.
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Copies of the business' last two (2) years Fiscal Year Ending Financial Statements.
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Business' tax returns for the last year.
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Complete, signed Personal Financial Statement on all of the Principals of the entity looking to be bonded.
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A copy of the Corporate Resolution or Partnership Agreement.
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Copies of the 1040 U.S. Individual Income Tax Returns of each of the Principals for the last year (all schedules must be attached).
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A completed and up-to-date Work-On-Hand schedule for both bonded and non-bonded jobs.
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A bank referance providing availability of the company's line of credit, as well as available funds.
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A completed Bank Account Balance Report.
After Acceptance
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General Indemnity Agreement required.
Examples
Examples of Construction Bonds Include:
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General Construction
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Heating, Ventilating, and Air Conditioning
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Plumbing
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Electrical
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Site/Excavation/Pipe/ Utility
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Masonry/Concrete
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Paving
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Painting
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Waterproofing
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Window Replacement
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Roofing