Which document must accompany the extension request?

Which document must accompany the extension request?

• A. Written consent of bondsmen
• B. Copy of the performance bond
• C. Insurance certificate
• D. Schedule of values

Answer: (A)

When a project requests more time, the bond that guarantees completion needs to stay valid for the new period. The written consent of bondsmen confirms that the surety approves extending the timeline and accepts the changed terms. Without that consent, the performance bond could be considered invalid for the extended duration, risking the owner’s protection. That’s why the document that must accompany an extension request is the written consent of bondsmen. The other items don’t serve this purpose: a copy of the performance bond is already part of the bond arrangement, the insurance certificate concerns insurance coverage rather than performance timelines, and a schedule of values is a cost breakdown, not a time-extension requirement.

When a project requests more time, the bond that guarantees completion needs to stay valid for the new period. The written consent of bondsmen confirms that the surety approves extending the timeline and accepts the changed terms. Without that consent, the performance bond could be considered invalid for the extended duration, risking the owner’s protection. That’s why the document that must accompany an extension request is the written consent of bondsmen. The other items don’t serve this purpose: a copy of the performance bond is already part of the bond arrangement, the insurance certificate concerns insurance coverage rather than performance timelines, and a schedule of values is a cost breakdown, not a time-extension requirement.