Examples of Bond Guaranty in a sentence
Contractors not meeting this requirement must furnish an alternative Payment Bond Guaranty as discussed in Option B below.
Contractors not meeting this requirement must furnish an alternative Performance Bond Guaranty as discussed in Option B below.
Ten or fewer sureties (including lead sureties) may jointly execute a Surety Bond Guaranty (Form CG–5586–2).
PERFORMANCE BOND GUARANTY OPTIONS: For all contracts submitted with costs exceeding twenty-five thousand dollars ($25,000.00), a Performance Bond Guaranty in the amount of one hundred percent (100%) of the contract price must be submitted by the Contractor with the proposed contract to the County.
Act 505 of 1985, as amended, authorizes the ADFA Guaranty Program, authorizes the creation of the Revenue Bond Guaranty Account for the purpose of meeting amortization payments on bonds guaranteed by the Authority, and authorizes the issuance of ADFA Guaranty Bonds to meet the obligations of the Revenue Bond Guaranty Account.