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Form SI-04 Letter of Credit - Kentucky
What Is Form SI-04?
This is a legal form that was released by the Kentucky Department of Workers' Claims - a government authority operating within Kentucky. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form SI-04 Letter of Credit?
A: Form SI-04 Letter of Credit is a document used in Kentucky to secure payment to subcontractors and suppliers on public construction projects.
Q: Who uses Form SI-04 Letter of Credit?
A: Form SI-04 Letter of Credit is used by contractors, subcontractors, and suppliers involved in public construction projects in Kentucky.
Q: What is the purpose of Form SI-04 Letter of Credit?
A: The purpose of Form SI-04 Letter of Credit is to provide financial protection for subcontractors and suppliers by ensuring payment for their work and materials on public construction projects.
Q: How does Form SI-04 Letter of Credit work?
A: Form SI-04 Letter of Credit works by requiring the contractor to provide a letter of credit from a bank, which guarantees payment to subcontractors and suppliers in case the contractor fails to fulfill their payment obligations.
Form Details:
- Released on January 1, 2004;
- The latest edition provided by the Kentucky Department of Workers' Claims;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form SI-04 by clicking the link below or browse more documents and templates provided by the Kentucky Department of Workers' Claims.
