Indemnity Bond for PE: How Can It Help with Contractor Labor Law Compliance?

JAWEDALAM

Attached here are specimen copies of the indemnity bond for use by PE. I hope it may be used by PE for the purpose of compliance with labor laws by the Contractor. Suggestions are welcome.

Regards,
Jawed Alam
15th January 2011 From India, Dhanbad

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SPECIMEN OF INDEMNITY BOND.doc (42.0 KB, 2395 views)

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rreddygk

Very good information. However, I suggest adding more acts like the Wages Act, Minimum Wages Act, ESIC Act, Maternity Benefit Act, etc., as the principal employer has liability for these compliances in case the contractor is non-compliant.

Regards,
Ram.
25th July 2011 From India, Bangalore

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Indemnity Bond for PE: How Can It Help with Contractor Labor Law Compliance?

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