Common use of Performance and Payment Bonds Clause in Contracts

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall rest with the Customer. Under this Contract, the Customer issuing the purchase order may request a performance and payment bond, as deemed necessary by the size of the job. Inability to provide a bond may result in the Contractor being found in default of the purchase order.

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall rest with the Customer. Under this Contractcontract, the Customer issuing the purchase order may request a performance and payment bond, as deemed necessary by the size of the job. Inability to provide a bond may result in the Contractor being found in default of the purchase order.

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall rest with the Customer. Under this Contractcontract, the Customer issuing the purchase order may request a performance and payment bond, bond as deemed necessary by the size of the job. Inability to provide a bond may shall result in the Contractor being found in default of the purchase ordercontract.

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall is to rest with the Customer. Under this Contractcontract, the Customer issuing the purchase order may request a performance and payment bond, as deemed necessary by the size of the job. Inability to provide a bond may is to result in the Contractor being found in default of the purchase ordercontract.

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall rest rests with the Customer. Under this Contractcontract, the Customer issuing the purchase order may request a performance and payment bond, bond as deemed necessary by the size of the job. Inability to provide a bond may result in the Contractor being found in default of the purchase order.

Performance and Payment Bonds. The authority and responsibility for requesting performance and payment bonds shall rest with the Customer. Under this Contract, the Customer issuing the purchase order may request a performance and payment bond, bond as deemed necessary by the size of the job. Inability to provide a bond may result in the Contractor being found in default of the purchase order.