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Surety Bond In India, the Ministry of Road Transport and Highways’ Surety Bond MORTH legal document is required for many highway-related projects. It gives guarantees that the contractor will fulfill their obligations according to the terms of the contract. Should the contractor break the rules, they will be penalized. In India’s road transportation industry, the Ministry of Road Transport and Highways (MORTH) Surety Bond is an important component that guarantees project accountability and completion.
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