Form 113 Labor & Material Payment Bond - Montana

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Form 113 Labor & Material Payment Bond - Montana

What Is Form 113?

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

FAQ

Q: What is Form 113 Labor & Material Payment Bond?A: Form 113 Labor & Material Payment Bond is a legal document used in Montana for contractors to guarantee payment to subcontractors and suppliers for labor and materials used in a construction project.

Q: Who needs to file Form 113 Labor & Material Payment Bond?A: Contractors who are working on public projects in Montana are required to file Form 113 Labor & Material Payment Bond.

Q: What is the purpose of Form 113 Labor & Material Payment Bond?A: The purpose of Form 113 Labor & Material Payment Bond is to protect subcontractors and suppliers by ensuring that they will be paid for their work and materials on a construction project.

Q: What information is required in Form 113 Labor & Material Payment Bond?A: Form 113 Labor & Material Payment Bond requires information such as the name and address of the contractor, the name and address of the project owner, the amount of the bond, and the name and address of the surety company providing the bond.

Q: How does Form 113 Labor & Material Payment Bond work?A: When a contractor files Form 113 Labor & Material Payment Bond, it serves as a guarantee that subcontractors and suppliers will be paid for their work and materials. If the contractor fails to fulfill their payment obligations, the subcontractors and suppliers can make a claim against the bond to receive the payment they are owed.

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Form Details:

  • Released on June 1, 2018;
  • The latest edition provided by the Montana Department of Administration;
  • 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 fillable version of Form 113 by clicking the link below or browse more documents and templates provided by the Montana Department of Administration.

Download Form 113 Labor & Material Payment Bond - Montana

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