MississaugaPlanning ApplicationsSite Plan

Pay-On-Demand Surety Bond

Published by City of Mississauga

This is the City of Mississauga’s document, as published on its website on 19 October 2026. The municipality may have changed it since: check the current version at the source. Legal notice

Type
Form
Published by
City of Mississauga
Date
Rev. 2026 03
Also called
Pay on Demand Surety Bond Form
Form reference
Form 2971
For
owner
Signed by
principal · surety
Building types
All building types
Pages
5
Instruments
O.Reg. 461/24 – Surety Bonds · Planning Act, R.S.O. 1990, c. P. 13

Overview

City of Mississauga Form 2971, the Pay-On-Demand Surety Bond (Rev. 2026 03), a five-page bond in which a principal and surety bind themselves to the City as obligee for a security under a development agreement, such as site works. It records that the surety meets O.Reg. 461/24 – Surety Bonds under the Planning Act, then sets 18 terms, including payment within fifteen business days of a demand, no defences against payment, multiple demands, partial release, termination notice and email delivery. Schedule A is the City's demand and notice of default.

What it covers

  • Schedule A
  • Demand - Notice of Default
  • Payment Instructions
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Pay-On-Demand Surety Bond

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