HAMPTON ROADS BONDING

1080 Laskin Road, Suite 204

Virginia Beach, Virginia 23451

Phone (757) 491-1100/Fax (757) 491-3134

Bid Bond Request Form


FROM:_______________________________ DATE:________________________________

CONTRACTOR: _____________________________________________________________

OBLIGEE: __________________________________________________________________

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JOB TITLE & LOCATION: _____________________________________________________

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SPECIFICATION NO: _________________________________________________________

WORK DESCRIPTION: ________________________________________________________

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BID CONTRACT DATE: __________________  PERCENT OF BOND:  __________________

CONTRACT/ESTIMATE:  $_________________  PERCENT TO BE SUBBED:______________


COMPLETION TIME: ___________________  LIQUIDATED DAMAGES:  ________________


UNCOMPLETED WORK ON HAND/BACKLOG:_____________________________________


REMARKS: _____________________________________________________________________

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IMPORTANT:

1)     If Your Estimate Escalates More Than 10% Above The Stated Amount, Please Call Prior To The Bid, As We Are Required To Notify The Surety.

2)       Please Check The Bond For Accuracy and conformance To Specifications, prior To Use.

3)     If The Bond Is Not Required In A Timely Manner, Please Call To Make Sure We Received The Request.

4)       Please Check With Us On Premium Estimates For Jobs With Unusual Time Frames Or Conditions.

5)       It Is Recommended That Prime Contractors Require Bonds On Any Substantial Subcontractors.

6)       Performance & Payment Bond Requests Should Be Accompanied By The Contract (Only Pages That Apply To Info Above) & Any Special Bond Forms.

7)       Bid Results Are Required.

8)      Confirmation Of Financing Will Be Required For All Private Work Prior To Bond Approval.