When To Use
Use A312™ KDE on District Facilities Branch of the Kentucky Department of Education school construction projects that require both a performance bond and a payment bond in a single state-compliant document, meeting surety requirements.
What It Does
A312 protects KDE project owners against contractor default and unpaid subcontractor claims. A312 KDE incorporates two bonds in a single document: a performance bond covering the contractor's performance, and a payment bond covering the contractor's obligations to pay subcontractors and others.
Additional Information
Intended only for Kentucky Department of Education projects. View the A312 KDE comparative guide.
