On the Bonds and Surety page, you can view and control bonds and surety assigned to the selected agreement
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On the Home page, click Subcontracts and select the appropriate Agreement number.
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On the left navigation panel, click Others > Bonds and Surety.
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To understand this screen you need to know the following:
Column |
Description |
Bond Details |
|
Bond/Surety Type |
Name (code) of the bond/surety type. |
Bond/Surety Type Description |
Language dependent description of the bond/surety type. |
Revision |
You can enter information about revision in free form here. |
Bond Value |
Value of the bond/surety. |
Bond Cost |
Costs of the bond/surety. |
Surety Institution |
Name of the bank or institution that issues the bond. |
Beneficiary |
Beneficiary of the bond/surety. |
Issue Date |
Date the bond/surety was issued. |
Expiration Date |
Date the bond/surety expires. |
Received Date |
Date the bond/surety was received. |
Bond Status |
|
Accepted |
Indicator showing whether the bond/surety has been accepted by the contractor. |
Accepted Date |
Date the bond/surety was accepted by the contractor. |
Accepted By |
The name of the person who accepted the bond/surety. |
Comments |
Comments from the contractor. |