Common use of Payment and Performance Bond Clause in Contracts

Payment and Performance Bond. The cost of the additional premium for Design-Builder’s bond arising directly from the changed Work. The cost of any change in insurance or bond premium shall be added after overhead and allowance for profit are calculated in accordance with subparagraph g. and h above.

Appears in 7 contracts

Sources: Design Build Contract, Design Build Contract, Design Build Contract

Payment and Performance Bond. The cost of the additional premium for Design-BuilderContractor’s bond arising directly from the changed Work. The cost of any change in insurance or bond premium shall be added after overhead and allowance for profit are calculated in accordance with subparagraph g. and h Subsections f.-.g, above.

Appears in 1 contract

Sources: Public Works Contract

Payment and Performance Bond. The cost of the additional premium for Design-BuilderContractor’s bond arising directly from the changed Work. The cost of any change in insurance or bond premium shall be added after overhead and allowance for profit are calculated in accordance with subparagraph f. and g. and h above.

Appears in 1 contract

Sources: General Conditions Contract