Examples of Contract Security in a sentence
For bids over $100,000 bidders must provide Contract Security by a surety company licensed to issue surety bonds in the Province of Nova Scotia in the form of one of the following:• Letter of Surety.• Performance Bond and a Labour and Material Payment Bond OR• Certified Cheque or Bank Draft OR Irrevocable Letter of Credit bearing the bidder’s original signature, payable to or naming the Halifax Regional School Board as insured.
Task orders containing classified work may also include a Contract Security Classification Specification, (i.e., DD Form 254 or civilian agency equivalent).
The DOD Contract Security Classification Specification, DD Form 254 defines specific securityrequirements.
The Contract Security Services provider plays a very important first response role in the event of an emergency on the Estate.
If a determination is made that the award instrument may result in access to classified information, a Security Classification Guide (SCG) and/or Department of Defense Form 254 (DD Form 254), Contract Security Classification Specification, will be issued by DARPA and attached as part of the award.