Bond For Performance Of The Work Alabama Dot Page 2
Download a blank fillable Bond For Performance Of The Work Alabama Dot in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Bond For Performance Of The Work Alabama Dot with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3Form BM-174
Page 2 of 3
Revised March 2016
PROVIDED, further, that upon the failure of the said _____________________________
___________________________________, as such applicant, to promptly and efficiently
prosecute said permit contract work in any respect, in accordance with the permit contract, the
above bound ________________________________ as Surety, shall take charge of said work
and complete the permit contract at their own expense, pursuant to its terms. Said Surety may, if
they so elect, by written direction given to the State Transportation Director authorize the
Director to complete or cause to be completed the said permit contract work at the expense of
said Surety, and such Surety hereby agrees and binds Surety to pay the cost and expense of the
completion of such permit contract work.
In the event said Principal shall fail or delay the prosecution and completion of said
permit contract work and said Surety shall also fail to act promptly as hereinbefore provided,
then said Transportation Director may cause ten days notice of such failure to be given, either,
either to said Principal or Surety ,and at the expiration of said ten days, if said Principal or Surety
do not proceed promptly to complete the permit contract, including all work provided therein, the
ALABAMA DEPARTMENT OF TRANSPORTATION shall have the authority to cause said
permit contract work to be done and accomplished and when the same is completed and cost
thereof determined, the said Principal and Surety shall and hereby agree to pay any and all cost of
said permit contract work.
The said Principal and Surety further agree as a part of this obligation to pay all such
damages of any kind to person or property that may result from a failure in any respect to
perform and complete said permit Contract including all work therein provided.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Da Form 1058-r - Application For Active Duty For Training, Active Duty For Special Work, Temporary Tour Of Active Duty, And Annual Training For Soldiers Of The Army National Guard And U.s. Army Reserve
Business
Da Form 1058-r - Application For Active Duty For Training, Active Duty For Special Work, Temporary Tour Of Active Duty, And Annual Training For Soldiers Of The Army National Guard And U.s. Army Reserve
Business
Instructions For Completing The Petition For Reduction Of The Mandatory Estimated Payment Towards The 2004 Business Privilege Tax Form - Philadelphia Department Of Revenue
Financial
Related Categories
Parent category: Legal