Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 3 contracts
Samples: Preschool Education, Preschool Education, Preschool Education
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider Head Start Grantee insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 Total Budget Minimum Bond Amount $5,000,000.01 to $10,000,000 $155,000 plus ½ 1/2 percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ 1/4 percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.10,000,000
Appears in 2 contracts
Samples: Preschool Education, www.state.nj.us
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 Preschool Contract 2023-2024 School Year Total Budget Minimum Bond Amount $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: Preschool Education
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 Total Budget Minimum Bond Amount $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: Preschool Education
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.1,000,000
Appears in 1 contract
Samples: Preschool Education
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 Total Budget Minimum Bond Amount $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: Preschool Education
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider Head Start Grantee insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ 1/2 percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ 1/4 percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: Program Contract
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 Total Budget Minimum Bond Amount $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: www.franklinboe.org
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ 1/2 percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ 1/4 percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: Preschool Contract
Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Total Budget Minimum Bond Amount Up to $100,000.00 20 percent of budget (Minimum $10,000) Total Budget Minimum Bond Amount $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.
Appears in 1 contract
Samples: www.nj.gov