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Common use of Bonds Clause in Contracts

Bonds. The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Work. The Performance Bond shall guarantee the full performance of the Contract.

Appears in 127 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Bonds. The Contractor shall furnish both a performance bond Performance Bond and a payment bond Payment Bond and shall pay the premiums thereon as a Cost of the Work. The Performance Bond shall guarantee the full performance of the Contract.

Appears in 11 contracts

Samples: Design Bid Build Project Management Contract, Design Bid Build Construction Contract, Design Bid Build Construction Contract

Bonds. The Contractor shall will furnish both a performance bond Performance Bond and a payment bond Payment Bond and shall will pay the premiums thereon as a Cost of the Work. The Performance Bond shall will guarantee the full performance of the Contract.

Appears in 7 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

Bonds. The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Workpremium thereon. The Performance Bond performance bond shall guarantee the full performance of the Contract.

Appears in 6 contracts

Samples: Contract for Water Main Relocation, Contract Agreement, Contract Agreement

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Bonds. The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Workpremium thereon. The Performance Bond performance bond shall guarantee the full performance of the Contract.. Contract Agreement

Appears in 4 contracts

Samples: Contract Agreement, Contract Agreement, Contract for Sanitary Sewer Rehabilitation

Bonds. The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Workpremium thereon. The Performance Bond performance bond shall guarantee the full performance of the Contract.. 00500-4 Contract Agreement

Appears in 2 contracts

Samples: Contract Agreement, Contract for Rehabilitation of Final Clarifiers

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