Subcontractor Bonding Sample Clauses

Subcontractor Bonding. Premiums for payment and performance bonds on Subcontractors which are held by the Design-Builder as Obligee.
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Subcontractor Bonding. For subcontract bid packages with a bid estimate over $300,000 the Contractor shall require a bid bond in the amount of 5% of the amount bid from Subcontractors who bid. The Contractor shall require a performance and payment bond from all Subcontractors who are awarded a contract over $300,000, in the amount of the subcontract. The Contractor may require a performance and payment bond of any other Subcontractor, provided that such requirement is set forth in the subcontract bid documents. The Contractor acknowledges that all costs of subcontractor bonding are included in the negotiated MACC on page 1 of this Contract.
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Subcontractor Bonding. For subcontract bid packages with a bid estimate over $300,000 the GC/CM shall require a bid bond in the amount of 5% of the amount bid from Subcontractors who bid. The GC/CM shall require a performance and payment bond from all Subcontractors who are awarded a subcontract over $300,000, in the amount of the subcontract. The GC/CM may require a performance and payment bond of any other Subcontractor, provided that such requirement is set forth in the subcontract bid documents. The GC/CM acknowledges that all costs of subcontractor bonding are included in the MACC to be incorporated into this GC/CM Contract through the MACC Amendment.
Sample 1Sample 2
Subcontractor Bonding. For subcontract bid packages with a bid estimate over Three- Hundred Thousand Dollars ($300,000), the Contractor will require a bid bond in the amount of five percent (5%) of the amount bid from each Subcontractor that bids. The Contractor will require a performance and payment bond from all Subcontractors who are awarded a contract worth more than the dollar limit stated above ($300,000), which bond will be in the amount of the subcontract. The Contractor may require a performance and payment bond of any other Subcontractor awarded a subcontract worth less than $300,000, provided that such requirement is set forth in the subcontract bid documents. The Contractor acknowledges that all costs of subcontractor bonding are included in the negotiated MACC on the first page of this Agreement. The Contractor will include this provision in each Subcontractor agreement.
Sample 1

Related to Subcontractor Bonding

  • Subcontractor Any vendor, subcontractor or other Person that is not responsible for the overall servicing (as “servicing” is commonly understood by participants in the mortgage-backed securities market) of Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB with respect to Mortgage Loans under the direction or authority of the Servicer or a Subservicer.

  • Subcontractor compliance The Recipient is responsible for Subrecipient compliance with the requirements of this clause and may be held liable for unpaid wages due Subrecipient workers.

  • Subcontractor Payments Subject to Agency’s prior approval, Agency will reimburse Outside Counsel for the actual, reasonable and necessary expenses relating to Outside Counsel’s use of subcontractors. Outside Counsel shall be responsible for any payments and other claims due to subcontractors for work performed under this OCC. Outside Counsel, in subcontracting for any performances or in support of any of the performances specified herein (e.g., expert services, local counsel, and other services), expressly understands and agrees that Agency shall not be directly liable in any manner to Outside Counsel’s subcontractor(s).

  • Subcontractor Insurance In accord with Good Utility Practice, each Interconnected Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor. Bonding of contractors or subcontractors shall be at the hiring Interconnected Entity’s discretion, but regardless of bonding, the hiring principal shall be responsible for the performance or non- performance of any contractor or subcontractor it hires.

  • Subcontractors of Contractor These terms shall also apply to Subcontractors of County Contractors.

  • Subcontractor Requirements The Supplier must ensure that any subcontract entered into for the purpose of this Agreement contains an equivalent clause granting the rights specified in this clause.

  • Vendor’s Subcontractors TIPS recognizes that many vendors operate in the open market through the use of subcontractors. For that reason, TIPS permits Vendor to utilize subcontractors as authorized and permitted by the TIPS Member Customer. However, all purchase documents must include: (1) Vendor’s Name, as known to TIPS, and; (2) Vendor’s TIPS Contract Name and Number under which it is making the TIPS Sale. Vendor must report the sale pursuant to the terms herein and Vendor agrees that it is legally responsible for all reporting and fee payment as described herein for TIPS Sales even when subcontractors are utilized. The TIPS Administration Fee is assessed on the amount paid by the TIPS Member to Vendor. The Parties intend that Vendor shall be responsible and for actions of subcontractors during a TIPS Sale. Vendor agrees that it is voluntarily authorizing subcontractors and in doing so, Xxxxxx agrees that it is doing so at its own risk and agrees to protect, indemnify, and hold TIPS harmless in accordance with Sections 14-17 above related to subcontractor TIPS Sales made pursuant to this Agreement or purporting to be made pursuant to this Agreement that may be asserted against Vendor whether rightfully brought or otherwise. The Parties further agree that it is no defense to Vendor’s breach of this Agreement that a subcontractor caused Vendor of breach this Agreement.

  • Prime Contractor Upon execution of this Agreement, the CNA may perform as the prime contractor only when qualified NPAs do not have the capacity to perform the service, or when the government customer requests this arrangement, unless prior approval is received from the Commission. The CNA shall only serve as the prime contractor to manage subcontracts and allocate orders equitably when approved by the Commission. The intent of this provision is for CNAs to support NPAs’ ability to do business with the government and shall not unnecessarily compete with the NPAs. The CNA shall not charge a Program Fee from any NPAs serving as subcontractors. The CNA shall not charge any fees unallowable by law or regulation when serving as the prime contractor. Annually, no later than October 31, the CNA shall submit a list of all federal contracts where the CNA serves as the prime contractor. Within the submitted documentation, the CNA must explain why it is the prime contractor and provide a plan (to include milestones) to phase-out as a prime and phase-in an NPA.

  • Contractor Cooperation CONTRACTOR shall actively participate and cooperate with County, State and/or federal representatives in the monitoring, assessment and evaluation processes, including making any program and any administrative staff (fiscal, etc.) available at the request of such representatives.

  • The Contractor must 16.1.1. treat all Authority Protected Information as confidential and safeguard it accordingly, implementing appropriate technical and organisational measures to protect Authority Protected Information against disclosure;

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