CONTRACT SECURITY. .1 The successful Contactor must submit a Performance Bond and a Labour and Material Bond, each in the amount of fifty percent (50%) of the Contract, such Performance Bond and Labour and Material Bond are to be delivered to the Metropolitan Regional Housing Authority prior to signing of the Contract and shall be on the form enclosed as part of these documents, or to like effect.
Appears in 6 contracts
Samples: Metropolitan Regional Housing Authority, Agreement, Metropolitan Regional Housing Authority