Common use of Five Year Bond on Roofs and Walls Clause in Contracts

Five Year Bond on Roofs and Walls. CM/GC shall submit a Five Year Bond on Roofs and Walls on the form shown in GSFIC Forms Packet. The Five Year Bond on Roofs and Walls shall be issued by a surety authorized to do business in the State of Georgia and in the penal sum of the actual cost of the walls, wall cladding, wall insulation, roof, insulation, and roof deck, but not less Allowable Costs incurred for such roof and wall systems. The effective date of the Bond shall be the Material Completion Date.

Five Year Bond on Roofs and Walls. CM/GC shall submit a Five Year Bond on Roofs and Walls on the form shown in GSFIC Forms PacketSection 7 (Forms). The Five Year Bond on Roofs and Walls shall be issued by a surety authorized to do business in the State of Georgia and in the penal sum of the actual cost of the walls, wall cladding, wall insulation, roof, insulation, and roof deck, but not less Allowable Costs incurred for such for roof and wall systems. The effective date of the Bond shall be the Material Completion Date.

Five Year Bond on Roofs and Walls. CM/GC shall submit a Five Year Bond on Roofs and Walls on the form shown in GSFIC Forms Packet. The Five Year Bond on Roofs and Walls shall be issued by a surety authorized to do business in the State of Georgia and in the penal sum of the actual cost of the walls, wall cladding, wall insulation, roof, insulation, and roof deck, but not less than the Allowable Costs incurred for such roof and wall systems. The effective date of the Bond shall be the Material Completion Date.