Blanket Construction Bond is a legal document that was released by the Economic Development Department - City of Orlando, Florida - a government authority operating within Florida. The form may be used strictly within City of Orlando.
Q: What is a blanket construction bond?
A: A blanket construction bond is a type of surety bond that provides financial protection for a contractor's performance and payment obligations on multiple projects for a specified period.
Q: Who requires the blanket construction bond in the City of Orlando, Florida?
A: The City of Orlando, Florida requires the blanket construction bond for contractors working on public construction projects.
Q: What is the purpose of the blanket construction bond?
A: The purpose of the blanket construction bond is to ensure that contractors fulfill their contractual obligations, including completing the project on time and paying subcontractors, suppliers, and laborers.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Economic Development Department - City of Orlando, Florida.