Contractor’s Security. The Municipality agrees to require any contractor of the Project to post separate performance and payment bonds or other security approved by NDEQ in the amount of the bid.
Contractor’s Security. The Contractor is solely responsible for the protection and security of the Works and all areas allocated to him, including his allocated lay-down areas and areas outside the Project Site, if any, which are specified under the Contract as forming part of the Site. For areas outside the Project Site which are specified under the Contract as forming part of the Site, the Contractor shall also be responsible for implementing access control for persons (including Contractor’s Personnel and visitors) and vehicles. Such access control shall be to the satisfaction of the Employer and shall be subject to the direction and control of the Employer.
Contractor’s Security. Supervisor shall be responsible for maintaining a continuous “Security Logbook” containing pertinent information relating to the individual shifts. This Logbook will be reviewed by the Company Building Manager daily.
Contractor’s Security. Contractor shall provide no later than five (5) days after Notice to Proceed has been given for an SGF, a "Construction Performance Bond" which shall be substantially in the form set forth in Attachment XXXV-A, be issued by a surety that is authorized to do business in the State of New Jersey, that satisfies the requirements set forth in N.J.S.A. 2A:44-143(b)(2), has an A.M. Best’s rating of at least "A" or the equivalent thereof, and that is listed in the United States Treasury Department Circular 570. Furthermore, such Construction Performance Bond shall (a) name Owner and the Authority as dual obligees (b) have a penal sum equal to the Contract Price, and (c) not contain any conditions to the obligations of the surety company issuing such Construction Performance Bond, other than as expressly provided in the form set forth in Attachment XXXV-A. In addition, to fully secure its payment and performance obligations under this Agreement, Contractor shall also provide to Owner, either (i) a “Construction Payment Bond” in the form set forth in Attachment XXXV-B in an amount equal to the Contract Price, or (ii) a guaranty, in form and substance reasonably acceptable to Owner and Authority, issued by a guarantor reasonably acceptable to Owner and Authority, covering all of Contractor’s obligations hereunder. At Contractor’s request following Final Completion of each SGF, Owner shall cooperate to execute such documents as are reasonably necessary to cause the amount of the Construction Performance Bond and Construction Payment Bond to be reduced by an amount equal to (y) the Local Unit Price of such SGF that has achieved Final Completion minus (z) the increase in the Local Unit Price of any SGF due to Change Orders that has not yet achieved Final Completion.
Contractor’s Security. Members of the Union will not work for any Glazing Contractor that has not signed this Agreement or one similar as approved by the International Union of Painters and Allied Trades, AFL-CIO, District Council 82, or any Employer who does not live up to the provisions contained herein.
Contractor’s Security. Owners’ obligation to make any payment to Contractor hereunder is subject to the receipt of the Payment and Performance Bonds. Prior to, or simultaneous with, the issuance by Owners of the Notice to Proceed, Contractor shall deliver to Owners an assurance of completion in the form of separate performance and payment bonds, each with a penal sum equal to the Target Price, in form and substance acceptable to Owners (the “Payment and Performance Bonds”). The Payment and Performance Bonds must be obtained from guaranty or surety companies acceptable to the U.S. Government and authorized to do business in the State of South Dakota. Individual sureties will not be considered. U .S. Treasury Circular Number 570, published annually in the Federal Register, lists companies approved to act as sureties on bonds securing United States government contracts, the maximum underwriting limits on each contract bonded, and the States in which the company is licensed to do business. Use of companies listed in this circular is mandatory. Copies of the circular may be downloaded on the U.S. Department of Treasury website xxxx://xxx.xxx.xxxxx.xxx/c570/index.html, or ordered for a minimum fee by contacting the Government Printing Office at (000) 000-0000.
Contractor’s Security. Contractor shall provide a "Construction Performance Bond" which shall be substantially in the form set forth in Attachment XXXV, be issued by a surety that is authorized to do business in the State of New Jersey, that satisfies the requirements set forth in N.J.S.A. 2A:44-143(1)(b), has an A.M. Best’s rating of at least "A" or the equivalent thereof, and that is listed in the United States Treasury Department Circular 570. Furthermore, such Construction Performance Bond shall (a) name Owner and the Authority as dual obligees (b) have a penal sum equal to the Contract Price, and (c) not contain any conditions to the obligations of the surety company issuing such Construction Performance Bond, other than as expressly provided in the form set forth in Attachment XXXV. In addition, to fully secure its payment and performance obligations under this Agreement, Contractor shall also provide to Owner, either (i) a Construction Payment Bond reasonably acceptable to Owner and Authority in an amount equal to the Contract Price, or (ii) a guaranty, in form and substance reasonably acceptable to Owner and Authority, issued by a guarantor reasonably acceptable to Owner and Authority, covering all of Contractor’s obligations hereunder.
Contractor’s Security. (a) Form (clause 5)
Contractor’s Security. The Borrower agrees to require any contractor of the Project to post separate performance and payment bonds or other security approved by NDEQ in the amount of the bid.
Contractor’s Security. 3.2.1 The Contractor shall have sufficient security in place to protect the Contracting Authority’s Vehicles, equipment and information/data, whilst held by the Contractor. As a minimum, this shall include secure storage of and restricted access to the Vehicles, equipment and information/data. Compliant Framework Requirement
