C-615 2018 Payment Bond

C-615 2018 Payment Bond

$144.00

The EJCDC 2018 “Construction Payment Bond” (C-615) form is used to assure the availability of sufficient funds to pay for labor, materials, and equipment used in construction.

Description

The EJCDC 2018 “Construction Payment Bond” (C-615) form is used 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.