Common use of Additional bond protection Clause in Contracts

Additional bond protection. (i) The Government may require additional performance and payment bond protection if the contract price is increased. The increase in protection generally will equal 100 percent of the increase in contract price.

Appears in 22 contracts

Samples: imlive.s3.amazonaws.com, www.pnnl.gov, www.pnnl.gov

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Additional bond protection. (i) The Government may require additional performance and payment bond protection if the contract price is increased. The increase in protection generally will equal 100 percent 20% of the increase increased in contract price.

Appears in 5 contracts

Samples: Prompt Payument Construction Contracts, ph.usembassy.gov, photos.state.gov

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