Single Bond definition
Single Bond. A Bond in the amount of $1,000.
Single Bond. A Bond in the amount of $1,000. STANDARD & POOR'S: Standard & Poor's Ratings Service, or its successor in interest.
Single Bond. A Bond in the amount of $1,000. SPONSOR: [Name of Sponsor], a _______ corporation, and its successors and assigns.
Examples of Single Bond in a sentence
If an additional contract is awarded to a given contractor, which results in an Economic Operator’s current Cumulative Contracts Value to go beyond the contract value range currently covered by the single Bond, the Contractor is to be requested to: either submit a separate Performance Guarantee for the additional contact; or else submit a new Single Bond to cover the new total contracts value.
Economic Operators have the possibility to provide the Contracting Authority with a Single Bond covering the Performance guarantees for all the contracts with the same Contracting Authority.
More Definitions of Single Bond
Single Bond means the single registered, negotiable general obligation (limited tax) water improvement and refunding bond issued hereunder in lieu of serial bonds.
Single Bond means the single registered, negotiable general obligation (limited tax) sewer refunding bond issued hereunder in lieu of serial bonds.