Contract Surety Bonding Requirements New Submission

The following information should be provided for our evaluation of the feasibility of establishing a bonding facility:

  • Three years externally prepared financial statements for both the operating firm and all affiliates and related companies and interests. Should the year-end financial statements supplied to us be in excess of six months old, interim financial statements will also be required.
  • Aged listings of receivables and payables for interm financial statements and the latest year-end financial statements.
  • Work on Hand Report to coincide with interim financial statement and the latest year-end financial statements.
  • A bank reference letter. Ideally this will take the form of a copy of Terms & Conditions Agreement for all operating and term facilities for the firm.
  • Personal financial statements completed for the principals of the firm.
  • A completed Contractor's Questionaire

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