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C-615 Payment Bond

Payment Bond

C-615 Payment Bond

Engineers Joint Contract Documents Committee (EJCDC)

EJCDC Contract Documents No. C-615

2013



 
C-615 Payment Bond (CD-ROM) - In Stock
$120.00 List / $60.00ASCE Member
Stock No. C615CD
 
C-615 Payment Bond (Download) - In Stock
$120.00 List / $60.00ASCE Member
Stock No. C615DG


Description

Prepared by the Engineers Joint Contract Documents Committee (EJCDC).

The Payment Bond is intended to assure the availability of sufficient funds to pay for labor, materials, and equipment used in construction. For public work, this form provides rights of recovery for workers and suppliers that are similar to their rights under the mechanics lien laws, which apply to private work.

EJCDC includes the American Society of Civil Engineers, the American Council of Engineering Companies, the Professional Engineers in Private Practice Division of the National Society of Professional Engineers, the Associated General Contractors of America, and the participation of more than fifteen other professional engineering design, construction, owner, legal, and risk management organizations.