Common use of Bonds and Other Performance Security Clause in Contracts

Bonds and Other Performance Security. 10.4.1 Design-Build Subcontractor shall, upon execution of this Agreement or at any time during its performance of the Work if requested by Design-Builder, provide a 100% performance bond and a labor and material payment bond or other performance security acceptable to Design-Builder.

Appears in 3 contracts

Samples: Standard Form of Agreement Between Design Builder and Design Build Subcontractor Lump Sum, Design Build Subcontract Agreement, Standard Form of Agreement Between Design Builder and Design Build Subcontractor

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Bonds and Other Performance Security. 10.4.1 Design-Build Subcontractor shall, upon execution of this Agreement or at any time during its performance of the Work if Workif requested by Design-Builder, provide a 100% performance bond and a labor and material payment bond or other performance security acceptable to Design-Builder.

Appears in 1 contract

Samples: Standard Form of Agreement Between Design Builder and Design Build Subcontractor Lump Sum

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