Common use of Extended Warranties Clause in Contracts

Extended Warranties. In addition to the obligations stated in Division 1, Section 4, Subsection 49.0, for all warranties extending beyond the standard one year period, as outlined in the Tender Documents, the Contractor shall provide Performance Assurance for the full duration of the longest Extended Warranty period. The combined Performance Assurance for the Extended Warranty period(s) for this particular Contract shall be in the form of a Certified Cheque, Irrevocable Standby Letter of Credit, Bank Draft, Money Order, or Contract Maintenance Bond for ten percent (10%) of the Contract value. Performance Assurance for the extended warranty period shall be delivered to the Engineer at least thirty (30) days prior to the beginning of the

Extended Warranties. In addition to the obligations stated in Division 1, Section 43, Subsection 49.039.0, for all warranties extending beyond the standard one year one‐year period, as outlined in the Tender Documentstender documents, the Contractor shall provide Performance Assurance for the full duration of the longest extended warranty period (Extended Warranty periodWarranty). The combined Performance Assurance for the Extended Warranty period(s) for this particular Contract shall be in the form of a Certified Cheque, Irrevocable Standby Letter of Credit, Bank Draft, Money Order, or Contract Maintenance Bond for in the amount of ten percent (10%) of the Contract value. Performance Assurance for the extended warranty period shall be delivered to the Engineer at least thirty (30) days prior to the beginning of the