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Notice of Bond

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NOTICE OF BOND

Prepared by, recording requested by
and return to:

Name:

Company:

Address:

City: State: Zip:

Phone:

Fax:

Above this Line for Official Use Only

(Colorado Revised Statute §38-22-129(1))

Notice is hereby given that prior to commencement of work on improvements of the property located at

and described as

a performance bond and a labor and materials payment bond in the amount of $ and $ respectively, and equal to 150% of the contract price was executed by the contractor and one or more corporate sureties authorized to do business in this state.

This the day of , 20

Signature of Principal Contractor

Print or Type Name

STATE OF COLORADO

COUNTY OF

The foregoing instrument was acknowledged before me this

(date) by

Notary Public

Printed Name:

My Commission Expires:

Enter text

What a Notice of Bond Is and when it's used

A Notice of Bond is a formal written statement filed or delivered to relevant parties to inform them that a surety bond has been issued to secure obligations under a contract, court order, or statutory requirement. It identifies the bonded principal, the obligee, the surety, bond number, penal sum, effective and expiration dates, and the underlying obligation. Notices protect the surety's and obligee's rights, trigger claim or lien timelines, and establish contact points for claims or inquiries. This document is commonly used in construction, probate, and licensing matters.

Why a clear Notice of Bond matters

A Notice of Bond clarifies who is protected by a surety, preserves third-party claim rights, sets procedural timelines for notices and claims, and provides official contact and coverage details. Proper notice reduces disputes and supports enforceability of bond-related claims.

Why a clear Notice of Bond matters

Who typically prepares or receives this notice

Common users include contractors, obligees, sureties, and attorneys who manage bonded obligations, claims, or compliance for public and private projects.

  • Contractors and subcontractors seeking to notify surety of potential claims or compliance issues.
  • Obligees (project owners) documenting bond coverage and contact information for future claims.
  • Surety companies tracking obligations, policy limits, and claim deadlines across bonded projects.

Core elements every professional Notice of Bond should include

Core elements of a legally robust Notice of Bond help ensure clarity, compliance, and traceable claim procedures among principal, obligee, and surety.

Parties Identified

List full legal names and roles for the principal, obligee, and surety, including business entity types and contact details so notices and claims are routed correctly and promptly.

Bond Details

Include bond number, penal sum, effective date, expiration date, and any extended coverage or renewal provisions that affect claim availability and timing.

Underlying Obligation

Describe the contract, court order, or statutory duty secured by the bond, referencing contract number or case caption to avoid ambiguity.

Claims Process

Specify notice procedures, required supporting documentation, where to submit claims, and any internal deadlines the surety enforces for investigation.

Notices & Service

Provide mailing and electronic addresses, authorized representatives, and any preferred delivery methods; note whether certified mail or RON is acceptable.

Governing Law

State the governing jurisdiction, dispute resolution method, and any indemnity or limitation clauses that affect enforcement of bond claims.

Essential fields to include at a glance

Principal Name: Full legal name as on ID
Obligee Name: Entity name and contact info
Surety Name: Licensed surety company and address
Bond Number: Unique identifier from surety
Penal Sum: Monetary limit of the bond
Effective Dates: Start and expiration dates MM/DD/YYYY

Step-by-step: preparing and serving a Notice of Bond

Follow these steps to prepare, serve, and record a Notice of Bond for maximum legal effect.

  • 01
    Gather Documents: Collect bond policy, contract, and IDs.
  • 02
    Complete Notice: Fill all fields accurately in MM/DD/YYYY format.
  • 03
    Authenticate: Obtain signatures; notarize or RON if required.
  • 04
    Deliver & File: Serve obligee/surety and file with court or registry.

Configuring an online workflow for Notice of Bond

Configure an e-filing workflow to collect signatures, authenticate signers, and retain an audit trail securely.

Field Configuration
Signer Authentication Email link, SMS code, or KBA
Signature Type Click-to-sign, drawn signature, or PKI digital
Audit Trail Capture IP, timestamp, and action history
Storage Encrypted at rest (AES-256); retain per policy

How Notices are delivered and filed

Typical filing and delivery paths for a Notice of Bond include registered mail, electronic service, and official court or agency filing.

  • Prepare Notice: Complete form with all bond details
  • Sign & Authenticate: Signers verify identity; include notarization if required
  • Deliver: Send by certified mail, RON, or e-service per rules
  • File: Record with clerk, registry, or obligee's records department

Platform capabilities to support eSubmission

Digital submission requires secure eSignature, identity verification, and compliant storage.

  • File Formats: PDF and Word (DOCX) supported
  • Integrations: Integrates with Salesforce, NetSuite, Google Workspace
  • Authentication: Email, SMS, KBA, SSO options

Key timelines and filing considerations

Key dates vary by bond type; follow statutory notice periods and any contract-specific deadlines carefully.

Immediate Notice:

Serve obligee and surety promptly upon potential claim discovery

Claim Deadline:

Check contract and statute for specific filing time limits

Tax Reporting:

Retain records for IRS purposes per IRC §6501(a)

Notary/RON Timing:

Notarize before filing when jurisdiction requires it

Record Retention:

Keep copies until claim resolution plus statutory retention

Common mistakes that cause delays or disputes

  • Incomplete party names or missing bond numbers that prevent surety from locating the policy and delay claims processing and verification.
  • Failure to follow statutory notice methods (certified mail, in-person service, or RON) causes procedural dismissals or barred claims under contract or law.
  • Using an unauthorized signer or unsigned notices; signatures lacking proper authority may be invalidated and lead to contested liability.
  • Relying on handwritten or scanned notices without a verifiable audit trail; lack of timestamps and signer attribution creates enforceability issues.

Potential consequences of incorrect or late notices

Missed Deadline: Claims barred
Incorrect Notice: Delays indemnity payment
Naming Error: Coverage dispute risk
Unauthorized Signature: Invalid claim submission
Storage Failure: Evidence lost
Noncompliance Cost: Attorney fees

How signNow compares to other eSignature providers for Notice of Bond workflows

Compare common plan and feature differences among leading eSignature providers to choose a solution that fits Notice of Bond workflows and compliance needs.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently asked questions about Notices of Bond

Frequently asked questions address validity, signature methods, filing, notarization, and how to correct or update a Notice of Bond.


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