Examples of Surety company in a sentence
The Performance Bond and the Payment Bond forms will be included in the Contract Documents and said forms must be properly executed by the Surety company and successful Bidder within ten (10) days after receipt of notification from the County of its award of the Contract.
Each Bond shall be with a Surety company whose qualifications meet the requirements of insurance companies as set forth in the insurance requirements of this solicitation.
If the City opts to consent to assignment, the City’s consent shall be contingent upon: 1) a letter from the Surety company agreeing to the assignment and assigning all of the Bonds to the assignee without any reduction, or the assignee supplying all new Bonds in the amounts originally required under the Contract Documents; and 2) the assignee supplying all of the required insurance in the amounts required in the Contract Documents.
All bonds provided for in this section shall be issued by a Surety company legally authorized to do business in the State; however, if approved by the City Attorney, the vendor may furnish a personal bond, property bond, certified check payable to the City, or irrevocable letter of credit in the total amount required for the performance and payment bonds.
Retaliatory violence by the island’s Sinhalese majority produced island-wide anti- Tamil riots in which thousands of Tamils were killed, maimed, and robbed.