General Contractor. Unless waived by HUD in writing, the Owner shall engage a qualified general contractor who shall obtain either (i) a payment bond and performance bond from a properly licensed surety, which bond and surety shall be acceptable to HUD, or (ii) a letter of credit, acceptable to HUD.
Appears in 7 contracts
Samples: Green and Resilient Retrofit Program Surplus Cash Loan Agreement, Green and Resilient Retrofit Program Grant Agreement, Surplus Cash Loan Agreement
