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Click ‘Get Form’ to open the Alaska 405W bond in the editor.
Begin by entering the Principal Name and Bond Number at the top of the form. Ensure that these details are accurate as they identify your bond.
Fill in the Principal Address, making sure to include all relevant information for proper identification.
Select your Business Type by checking one of the options: Corporation, Partnership, Sole Proprietor, LLC, or Other. This helps clarify your business structure.
In the section regarding surety, input the name of your Insurance Company and ensure it is a corporation authorized to operate in Alaska.
Specify the bond amount (not less than $25,000) that you are binding yourself to pay for any alcoholic beverages fees and taxes due.
Complete the fiscal year dates by filling in both start and end dates accurately to reflect your reporting period.
Finally, ensure all parties sign where indicated. This includes signatures from both principal and surety representatives along with their respective seals.
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How to Get a Surety Bond in Alaska Contact the obligee requiring the bond to determine which one you need. Submit a free online application with SuretyBonds.com. Well instantly review your application and provide a quote. Pay your bond premium and receive your bond immediately. Sign and file your bond with the obligee.
How much does a surety bond cost in Alaska?
The cost for surety bonds in Alaska often ranges between 1% and 10% of the bond amount. Many low-risk bonds cost a standard premium, while higher-risk bonds typically require underwriting to determine the exact cost.
How much does a $20,000 surety bond cost?
Surety Bond Cost Table Surety Bond AmountYearly Premium Excellent Credit (675 and above)Bad Credit (599 and below) $20,000 $200 - $600 $1,000 - $2,000 $25,000 $250 - $750 $1,250 - $2,500 $30,000 $300 - $900 $1,500 - $3,0007 more rows
How much does a $10 000 surety bond cost?
The cost of a surety bond is calculated as a small percentage of the total bond coverage amount typically 0.510%. This means a $10,000 bond policy may cost between $50 and $1,000. For applicants with strong credit, most bond rates are 0.54% of the bond amount.
How much does a $5000 surety bond cost?
For applicants with good credit, surety bonds usually cost between 1% and 5% of their value. Therefore, for a surety bond of $5,000, an applicant with a strong credit history can expect to pay between $50 and $250.
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People also ask
What is the difference between flexural bond and development bond?
Flexural bond exists when there is a change in the bending moment along the length of a member. Anchorage or development bond exists along the development length provided for the safe transfer of forces between steel and concrete.
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