Bonding Requirements definition
Examples of Bonding Requirements in a sentence
Patent Infringement Bonding Requirements (Patent Indemnity) The Contractor may be required to obtain a patent indemnity bond if a performance bond is not furnished and the financial responsibility of the Contractor is unknown or doubtful.
Bonding Requirements are for one hundred percent (100%) of the amount stated on the Project Order Form.
Commercial Building Grounding (Earthing) and Bonding Requirements for Telecommunications.
Exhibit 3 – Schematic Design Plans and Specifications prepared by dated Exhibit 4 – Design Builder’s Key Personnel Exhibit 5 – Design Build GMP Form Exhibit 6 – Construction Schedule of Values Exhibit 7 – Compensation/Cost of the Work Exhibit 8 – Design Build Schedule Exhibit 9 – Insurance and Bonding Requirements Exhibit 10 – Community Area Map Exhibit 11 – EEO and Workforce Requirements Worksheet This document is provided as a DRAFT and is not intended to be considered FINAL.
To the extent Buyer is unable to make such arrangements to terminate or otherwise replace any Bonding Requirements prior to the Closing (the “Remaining Guaranties”), Buyer will indemnify and hold harmless the Seller Guarantors from and against all Damages incurred by any such Person as a result of such failure and from and against any continuing obligations and liabilities arising after the Closing under any such Remaining Guaranties.
If City pays a greater price than that named in the contract or Order for such article or service, the excess price will be charged to and collected from Contractor and/or from the financial guarantee provided by Contractor (See Section III, Financial and Bonding Requirements); or, the City may treat the failure as a default subject to all applicable rights and remedies under the contract; or, the City may return deliveries already made and receive a full refund from Contractor.
Damages shall be one percent (1%) per day, calculated using the annual contract amount, for each day Vendor fails to meet the Performance Bonding Requirements specified in Service Criteria.
This includes, but is not limited to: ▇▇▇▇▇ Bacon Wage Act, and Bonding Requirements.
The Vendor shall at its own expense, carry and maintain insurance coverage from responsible companies duly authorized to do business in the State of Florida as set forth in Insurance and Bonding Requirements of this solicitation.
The Certificates of Insurance must state the Contract Number, or Project Number, or specific project description, or must read: “For any and all work performed on behalf of the City of ▇▇▇▇▇▇▇.” The amounts and types of insurance coverage shall conform to the minimum requirements set forth in Insurance and Bonding Requirements with the use of Insurance Services Office (ISO) forms and endorsements or their equivalents.