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SICI Bond Application (Corporate)

This document is a bond application for a surety bond submitted by Syndtite Construction Corporation. It requests information about the applicant's business structure, finances, experience, and any past legal or bonding issues. The application requires details on the company's incorporation documents if a corporation, partnership agreement if a partnership, financial statements, key personnel, and authorizations for the signatory. Personal and company financial information is also requested, along with trade and bank references, insurance coverage, and any previous bonds. The applicant affirms the information is true and complete to induce the surety to approve and execute the requested bond.

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Fei Xiao
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100% found this document useful (1 vote)
352 views2 pages

SICI Bond Application (Corporate)

This document is a bond application for a surety bond submitted by Syndtite Construction Corporation. It requests information about the applicant's business structure, finances, experience, and any past legal or bonding issues. The application requires details on the company's incorporation documents if a corporation, partnership agreement if a partnership, financial statements, key personnel, and authorizations for the signatory. Personal and company financial information is also requested, along with trade and bank references, insurance coverage, and any previous bonds. The applicant affirms the information is true and complete to induce the surety to approve and execute the requested bond.

Uploaded by

Fei Xiao
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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BOND APPLICATION

(For Corporation/Partnership)

TO:

The undersigned hereby applies for a Surety Bond described as follows:

Kind of Bond: __SURETY BOND________________________________Amount P ______________


Obligee: _______________________________________________________________________
Conditions of the Bond:____________________________________________________________
____________________________________________________________________________________
We are submitting to you the following information about ourselves which you may consider in the
processing of this application.

You are hereby authorized to obtain such other information you may wish to secure about ourselves
pertaining to the data hereunder furnished you. We hereby affirm that the following answers are the
truth without reservation and agree that the documents shall remain your property whether or not the
bond shall be granted.
______________________________________________________________________________
PLEASE FILL-UP BLANKS. ALL ANSWERS MUST BE MADE IN FULL TO RECEIVE PROMPT ACTION AND IF
THE ANSWER BE “NONE,” WRITE SO. KINDLY PRINT OR TYPE THE ANSWERS.
_________________________________________________________________________________
1. Name of Company: ___________________________________________TIN:_______________
2. Business Address:____________________________________________________________ ___
_______________________________________________________Tel. No.:___________ _____
EMAIL ADDRESS: _______________________________________ Cellphone No.:_________________
3. If a CORPORATION:
3.1 When Incorporated:__________________ ________________________________________
3.2 Total Paid-up Capital: Ps_______________________________________________________
3.3 Please Attach Copy:
________Articles of Incorporation
________SEC Certificate of Registration
________List of Key Personnel
________Latest Financial Statement (Audited)
3.4 Name of Authorized Signatory for Bond:______________________ ____________________
___________________________________Designation:____ _____________________________
Community Tax Cert. No.:________________________Date:_____________________________
Place Issued:___________________________________TIN:______________________________
(Please Attach Corporate Authority to Sign Bond)
4. If a PARTNERSHIP:
4.1 When Organized:_____________________________________________________________
4.2 Total Paid-up Capital: Ps._______________________________________________________
4.3 Is thePartnership General or Limited?_____________________________________If limited,
explain fully:____________________________________________________________________
4.4 Name of Partners and Addresses:
______________________________________ ____________________________________
______________________________________ ____________________________________
______________________________________ ____________________________________
______________________________________ ____________________________________
4.5 Please Attach Copy:
_________Partnership Agreement
_________SEC Certificate of Registration
_________Latest Financial Statement (Audited)
4.6 Name of Authorized Signatory for Bond:___________________________________________
___________________________________Designation:_________________________________
Community Tax Cert. No. :_______________________ Date:_____________________________
Place:________________________________________TIN:______________________________
(Please Attach Partnership Authority to Sign Bond)
5. How many years has your organization been in business under its present business name:_____
______________________________________________________________________________
6. In what other lines of business do you have a financial interest?
Please state:____________________________________________________________________

7. Personal Property Owned:


Date Fair Market
Acquired Location Description Value Encumbrances
________ _____________________ ___________ ___________ _____________
________ _____________________ ___________ ___________ _____________
________ _____________________ ___________ ___________ _____________
8. Trade Reference:
Name of Company Address & Telephone Number
___________________________________ _______________________________________
___________________________________ _______________________________________
___________________________________ _______________________________________
9. Bank Accounts:
Savings Accounts #:___________________ Name of Bank & Branch: ______________________
Current Account #:___________________ Name of Bank & Branch: ______________________
10. Please state on what banks you have established line of credit.
What is the extent and on what basis have they been granted?___________________________
______________________________________________________________________________
______________________________________________________________________________
11. Are there any judgment, suits, or claims pending against you, or against any member of your
firm, or any of your officers?_______________________________________________________
12. Are you acting as surety or bondsman for others, or as indorse on their notes of accounts?
_________________________________________________________________
13. Have you or any member of your firm, or any of your officers ever failed in business or
compromised with creditors?__________________________________________________
14. Are you or any member of your firm, or any of your officers engaged any other lines of business?
_________________________________________________________________
15. Has any surety company ever paid loss on you, or any member of your firm or any of your
officers?___________If so, state the name of Surety Company and give full
particulars:________________________________________________________________
________________________________________________________________________
________________________________________________________________________
16. Please list insurance carried by your organization, including life insurance of the officers and
payable to the company, partnership or business:___________________________________
________________________________________________________________________
17. Have you secured a bond before? ________________ If so, please fill up the following details:
Bonding Period of
Company Amount Obligee Bond Terminate
_________ ______________ ______________ __________ _________
_________ ______________ ______________ __________ _________
_________ ______________ ______________ __________ _________
The above forgoing statements and representations are true and correct to the best of my knowledge
and belief and are made for the purpose of inducing your goodselves to approve and execute the bond
we are applying for.

SYNDTITE CONSTRUCTION CORPORATION


(Name of Company)
By:

_____________________ ___________ ________________________


(Date) (Signature & Designation)

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