Common use of Bid and Performance Security Clause in Contracts

Bid and Performance Security. The stipulated Bid Security amount shall be thirty thousand dollars ($30,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty thousand dollars ($30,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Transportation and Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty one hundred thousand dollars ($30,000100,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Transportation and Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum fifty thousand dollars ($30,00050,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty thousand dollars ($30,000200,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty two hundred thousand dollars ($30,000200,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum eighty-five thousand dollars ($30,00085,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty forty-five thousand dollars ($30,00045,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum fifty-five thousand dollars ($30,00055,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum fifty thousand dollars ($30,00050,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Transportation and Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum one hundred thousand dollars ($30,000100,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty minimum twenty thousand dollars ($30,00020,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).

Bid and Performance Security. The stipulated Bid Security amount shall be thirty one hundred and twenty-five thousand dollars ($30,000125,000). Upon award, the successful Contractor shall replace the Bid Security by submitting to PEI Department of Transportation, Transportation and Infrastructure and Energy (the Department) a Performance Security. The Performance Security shall remain in place until the warranty period expires (one year after substantial completion).