Bond Amount. The Bond shall be in a sum equal to twenty-five percent (25%) of the Agreement amount, unless otherwise stated in the Specifications. Authority may file a claim against the Bond if Consultant fails or refuses to fulfill the terms and provisions of the Agreement.
Appears in 2 contracts
Samples: Consultant Services Agreement, Consultant Services Agreement
Bond Amount. The Bond shall be in a sum equal to twenty-five percent (25%) of the Agreement Contract amount, unless otherwise stated in the Specifications. Authority may file a claim against the Bond if Consultant Contractor fails or refuses to fulfill the terms and provisions of the AgreementContract.
Appears in 2 contracts
Samples: Consultant Services Agreement, Consultant Services Agreement