Contract Security – Bonds. Prior to commencing any Work pursuant to this Contract, Contractor shall furnish a Payment Bond issued by a California admitted surety in an amount at least equal to one hundred percent (100%) of the Project for payment of persons performing labor and/or furnishing materials in connection with this Contract. All bonds related to this Contract shall be in a form acceptable to the Court.
Appears in 4 contracts
Samples: Standard Agreement, This Agreement, This Agreement