Common use of Labor and Materials Bond Clause in Contracts

Labor and Materials Bond. The Contractor shall furnish a labor and materials bond for the protection of the CGA in accordance with Conn. Gen. Stat. §49-41(a) in an amount equal to the total cost of this Contract ($500,000) within fifteen (15) days of notification of award and prior to the execution of this Contract.  This notice is provided under the authority of Connecticut General Statutes §9-612(g)(2), as amended by P.A. 10-1, and is for the purpose of informing state contractors and prospective state contractors of the following law (italicized words are defined later on in the notice).

Labor and Materials Bond. The Contractor shall furnish a labor and materials bond for the protection of the CGA in accordance with Conn. Gen. Stat. §49-41(a) in an amount equal to the total cost of this Contract ($500,000) within fifteen (15) days of notification of award and prior to the execution of this Contract.  🗹 This notice is provided under the authority of Connecticut General Statutes §9-612(g)(2), as amended by P.A. 10-1, and is for the purpose of informing state contractors and prospective state contractors of the following law (italicized words are defined later on in the notice).

Labor and Materials Bond. The Contractor shall furnish a labor and materials bond for the protection of the CGA in accordance with Conn. Gen. Stat. §49-41(a) in an amount equal to the total cost of this Contract ($500,000) within fifteen (15) days of notification of award and prior to the execution of this Contract.  Needs to be Submitted This notice is provided under the authority of Connecticut General Statutes §9-612(g)(2), as amended by P.A. 10-1, and is for the purpose of informing state contractors and prospective state contractors of the following law (italicized words are defined later on in the notice).

Labor and Materials Bond. The Contractor shall furnish a labor and materials bond for the protection of the CGA in accordance with Conn. Gen. Stat. §49-41(a) in an amount equal to the total cost of this Contract ($500,000) within fifteen (15) days of notification of award and prior to the execution of this Contract.  Submitted This notice is provided under the authority of Connecticut General Statutes §9-612(g)(2), as amended by P.A. 10-1, and is for the purpose of informing state contractors and prospective state contractors of the following law (italicized words are defined later on in the notice).