PERFORMANCE / BID. BOND The Commissioner reserves the right to require a Bidder or Contractor to furnish without additional cost, a performance, payment or Bid bond or negotiable irrevocable letter of credit or other form of security for the faithful performance of the Contract. Where required, such bond or other security shall be in the form prescribed by the Commissioner.
Appears in 153 contracts
Samples: Consent to Assignment, Centralized Contract for the Acquisition of Microcomputer Systems and Related Services, Contract for the Acquisition of Assistive Technology for Persons With Disabilities
