This is a legal form that was released by the U.S. General Services Administration on February 1, 1999 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form SF1418?
A: Form SF1418 is a Performance Bond form often used for contracts that are not related to construction.
Q: When is Form SF1418 used?
A: Form SF1418 is used when a contractor needs to provide a performance bond for a contract that is not related to construction.
Q: What is a Performance Bond?
A: A Performance Bond is a financial guarantee that ensures the contractor will fulfill their contractual obligations.
Q: Who typically provides the Performance Bond?
A: The contractor typically obtains and provides the Performance Bond to the client or project owner.
Q: What are the benefits of using Form SF1418?
A: Using Form SF1418 provides a standardized performance bond form that can be easily filled out and understood by both parties involved.
Download a fillable version of Form SF1418 by clicking the link below or browse more documents and templates provided by the U.S. General Services Administration.