Final bond definition

Final bond means a performance bond and/or payment bond.
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Examples of Final bond in a sentence

  • Final bond installment shall not be released until all onsite trash is removed, construction rubble is leveled, lost soils are replaced, and disturbed areas are reseeded with native vegetation or planned landscaping.

  • Final bond installment shall not be released until all onsite trash is removed, construction rubble is leveled, lost soils are replaced, ad disturbed areas are reseeded with native vegetation or planned landscaping.

  • Final bond installment shall not be released until all onsite trash is removed, construction rubble is leveled, lost soils are replaced and disturbed areas are re-seeded with native vegetation.

  • Final bond installment shall not be released until all onsite trash is removed, construction rubble is leveled, lost soils are replaced and disturbed areas are re-seeded with native vegetation or planned landscaping.

  • Final bond release applications have been taking an average of two years to process by the RCT so it is anticipated that the 2015 submittals will be released in 2017.