Payment and Performance Bond. Prior to the execution of this Contract, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.
Appears in 84 contracts
Samples: Health Coalition, Agreement, 22 W
Payment and Performance Bond. Prior to the execution of this Contract, or prior to the commencement of specific work by Contractor or its Subcontractors, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.
Appears in 4 contracts
Samples: District Management Agreement, District Management Agreement, Management Agreement
