Common use of Bond Amount Clause in Contracts

Bond Amount. The Bond shall be in a sum equal to twenty-five percent (25%) of the Contract amount, unless otherwise stated in the Specifications. City may file a claim against the Bond if Contractor fails or refuses to fulfill the terms and provisions of the Contract.

Appears in 91 contracts

Samples: Contract Resulting From Request for Proposal, Contract for Education and Community Outreach Services, Janitorial Services Contract

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Bond Amount. The Bond shall be in a sum equal to twenty-five percent (25%) of the Contract amount, unless otherwise stated in the Specificationswriting by Contract Administrator. City may file a claim against the Bond if Contractor fails or refuses to fulfill the terms and provisions of the Contract.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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Bond Amount. The Bond shall be in a sum equal to twenty-five percent (25%) of the Contract amount, unless otherwise stated in the Specifications. City may file a claim against the Bond if Contractor fails or refuses to fulfill the terms and provisions conditions of the Contract.

Appears in 2 contracts

Samples: Consultant Services Agreement, Maintenance Agreement

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