Form AU-961 Verification Bond - Connecticut

What Is Form AU-961?

This is a legal form that was released by the Connecticut Department of Revenue Services - a government authority operating within Connecticut. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form AU-961 Verification Bond?
A: Form AU-961 Verification Bond is a document used in Connecticut to serve as a guarantee for payment of wages and other benefits owed to workers by contractors or subcontractors.

Q: Who is required to complete Form AU-961 Verification Bond?
A: Contractors and subcontractors engaged in public works projects in Connecticut are required to complete Form AU-961 Verification Bond.

Q: What information is needed to complete Form AU-961 Verification Bond?
A: To complete Form AU-961 Verification Bond, you will need information such as the project name, contractor and subcontractor details, and the amount of the bond.

Q: Is there a deadline for submitting Form AU-961 Verification Bond?
A: Yes, Form AU-961 Verification Bond must be submitted within 30 days of being awarded a contract or within 10 days of being requested by the contracting agency.

Q: What happens if Form AU-961 Verification Bond is not submitted?
A: Failure to submit Form AU-961 Verification Bond as required may result in penalties and the contractor or subcontractor being disqualified from working on public works projects in Connecticut.

Q: Can Form AU-961 Verification Bond be canceled or modified?
A: No, once Form AU-961 Verification Bond is filed it cannot be canceled or modified without the approval of the Connecticut Department of Labor.

Q: Are there any exemptions to the requirement of Form AU-961 Verification Bond?
A: Yes, certain entities, such as municipalities and non-profit organizations, may be exempt from the requirement of filing Form AU-961 Verification Bond. It is best to consult the Connecticut Department of Labor for specific exemption details.