Licensed Sureties Sample Clauses

Licensed Sureties. All Bonds required by the Contract Documents to be purchased and maintained by Design-Builder shall be obtained from surety companies that are duly licensed or authorized to issue bonds in the jurisdiction in which the Project is located to issue Bonds for the limits and coverages so required.
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Licensed Sureties. Sureties shall be listed on the Department of Treasury’s Listing of Approved Sureties, a catalog of companies holding Certificates of Authority as acceptable sureties on Federal bonds and acceptable reinsuring companies (Department Circular 570).
Licensed Sureties. A. Provide Bonds in the form prescribed by the Contract Documents from sureties named in the list of “Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies” as published in Circular 570 (amended) by the Financial Management Service, Surety Bond Branch, U.S. Department of the Treasury.

Related to Licensed Sureties

  • Patent Rights The State and the U. S. Department of Transportation shall have the royalty free, nonexclusive and irrevocable right to use and to authorize others to use any patents developed by the Engineer under this contract.

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