AmTrust Financial
Subdivision Questionnaire for Surety Bond Application
Pages
3
Time to read
3 mins
Publication
Language
English
Pages
3
Time to read
3 mins
Publication
Language
English
This document is a Subdivision Questionnaire designed for the purpose of applying for a surety bond. It includes various sections that require detailed information about the principal, including their name, address, federal tax number, and ownership details. The questionnaire also seeks information on the principal's prior development experience, including whether previous developments were bonded and the terms associated with those bonds. Additionally, it requests details about the current project requiring bond(s), the municipality involved, and the engineering firm's contact information. The document further outlines the estimated improvement costs, total bond amounts required, and financing details. It emphasizes the need for personal guarantees from development owners and their spouses, as well as the provision of collateral or bank set-aside arrangements. Attachments required to support the application are also listed, including financial statements and property ownership evidence.