A312 Performance Bond And Payment Bond (Replaces A311)

Article number:	A312
Availability:	Out of stock

AIA Document A312™–2010 incorporates two bonds—one covering the contractor’s performance, and the other covering the contractor’s obligations to pay subcontractors and others for material and labor. In addition, AIA Document A312–2010 obligates the surety to act responsively to the owner’s requests for discussions aimed at anticipating or preventing a contractor’s default.

When to use

• Contains two bonds
• Performance Bond document to ensure the contractor's performance
• Payment Bond document to ensure that contractor pays subcontractors and material suppliers