Performance Bond. Unless otherwise prohibited by law, the Department may require the Contractor to furnish, without additional cost to the Department, a performance bond or irrevocable letter of credit or other form of security for the satisfactory performance of work hereunder. The Department shall determine the type and amount of security.
Appears in 886 contracts
Samples: Additional Special Contract, State Term, State Term
Performance Bond. Unless otherwise prohibited by law, the Department Agency may require the Contractor to furnish, without additional cost to the DepartmentAgency, a performance bond or irrevocable letter of credit or other form of security for the satisfactory performance of work hereunder. The Department Agency shall determine the type and amount of security.
Appears in 8 contracts
Samples: Insight Public Sector, Agency Term Contract, Agency Term Contract
