Common use of Fidelity Bonding Clause in Contracts

Fidelity Bonding. Covering all employees who handle the subrecipient’s funds. The bond amount must be equivalent to the highest daily cash balance or a minimum amount of $50,000.

Appears in 15 contracts

Samples: And Funding Assistance Agreement, And Funding Assistance Agreement, And Funding Assistance Agreement

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Fidelity Bonding. Covering all employees who handle the subrecipientagency’s funds. The bond amount must be equivalent to the highest daily cash balance or a minimum amount of $50,000.

Appears in 11 contracts

Samples: CDBG Dr Subrecipient Agreement Template, Subrecipient Agreement, CDBG Dr Subrecipient Agreement

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