Common use of Surety Qualification Clause in Contracts

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 13 contracts

Sources: Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- California-admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 5 contracts

Sources: Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- California-admitted surety Surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 2 contracts

Sources: Trade Contract, Design Build Agreement

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § section 995.120 shall be accepted. Surety must be a California- California-admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 2 contracts

Sources: Construction Contract, General Conditions