Common use of PERFORMANCE AND LABOR AND PAYMENT BONDS Clause in Contracts

PERFORMANCE AND LABOR AND PAYMENT BONDS. A performance bond and labor and payment bond of up to 100% of an award may be required by the Purchasing Agent. Bonds must meet the following requirements: a. Corporation: The Bond must be signed by an official of the corporation above his official title and the corporate seal must be affixed over his signature.

Appears in 4 contracts

Samples: Contract Purchase Agreement, Contract Purchase Agreement, Contract Purchase Agreement

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PERFORMANCE AND LABOR AND PAYMENT BONDS. A performance bond and labor and payment bond of up to 100% of an award may be required by the Purchasing Agent. Bonds must meet the following requirements: a. Corporation: The Bond must be signed by an official of the corporation above his official title and the corporate seal must be affixed over his signature.

Appears in 1 contract

Samples: Master Video Lottery Terminal Contract (Twin River Worldwide Holdings, Inc.)

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