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2A:44-147. Bond form; conditions |
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New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE |
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2A: 44-147. Bond form; conditions 2A: 44-147. Bond form; conditions 2A: 44-147. The bond required by this article shall be in substantially the following form: "Know all men by these presents, that we, the undersigned as principal and as sureties, are hereby held and firmly bound unto in the penal...
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2A:44-143. Additional bond for payment of claims for labor, material, etc.; waiver, surety's obligation |
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New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE |
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2A:44-143. Additional bond for payment of claims for labor, material, etc.; waiver, surety's obligation 2A:44-143. Additional bond for payment of claims for labor, material, etc.; waiver, surety's obligation 2A:44-143. a. (1) When public buildings or other public works or improvements are about to be constructed, erected, altered or repaired under contract, at the...
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district, the board, officer or agent contracting on behalf of the State, contracting unit or school district, shall require delivery of the payment and performance bond issued in accordance with N.J.S.2A: 44-147 and otherwise, as provided for by law, with an obligation for the performance of the contract and for the payment by the contractor for all...
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subcontractors or material suppliers in contract with a subcontractor to the contractor, which class of persons shall be the beneficiaries of the payment and performance bond. The board, officer or agent shall also require that all payment and performance bonds be issued by a surety which meets the following standards: (a...
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