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Common use of Payment and Performance Bonds Clause in Contracts

Payment and Performance Bonds. The CONTRACTOR shall execute and deliver to the County the Payment and Performance Bonds (see Part C, 2-h) included herein as security for the faithful performance and completion of the Work and payment for all materials and labor furnished or supplied in connection with all Work included in the Contract Documents. The Contractor shall record the payment and performance bonds in Orange County public records as required by Florida Statutes, Chapter 255.05. Before commencing the work the Contractor shall provide to the Manager of the Procurement Division a certified copy of the recorded bonds. No payment will be made to the contractor until the contractor has provided a copy of the recorded bonds.

Appears in 6 contracts

Samples: Term Contract for Stormwater Pond and Canal Cleaning Services, Term Contract for Installation of Pavement Markings, Term Contract for Countywide Restoration of Shoulders and Ditches

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Payment and Performance Bonds. The CONTRACTOR Contractor shall execute and deliver to the County the Payment and Performance Bonds (see Part C, 2-h) included herein as security for the faithful performance and completion of the Work and payment for all materials and labor furnished or supplied in connection with all Work included in the Contract Documents. The Contractor shall record the payment and performance bonds in Orange County public records as required by Florida Statutes, Chapter 255.05. Before commencing the work the Contractor shall provide to the Manager of the Procurement Division a certified copy of the recorded bonds. No payment will be made to the contractor until the contractor has provided a copy of the recorded bonds.

Appears in 4 contracts

Samples: Term Contract for Traffic Calming and Minor Roadway Improvements, Term Contract for Underdrains Installation and Repairs, Term Contract for Operation, Maintenance & Monitoring

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