Common use of Performance Bond and Payment Bond Clause in Contracts

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 3 contracts

Samples: Construction Contract, Construction Contract, Insurance and Bonds Exhibit

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Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond Equal to contract amount Performance Bond Equal to contract amount Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. DRAFT The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond « 100% of the Contract Sum Amount » Performance Bond 100% of the Contract Sum Amount Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds and listed on Circular 570 in the jurisdiction where the Project is locatedlocated in accordance with ORS 279C.380., as follows: Type Penal Sum ($0.00) Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) 100% of contract amount 100% of contract amount Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Payment Bond Performance Bond Penal Sum ($0.00) Payment Bond Performance Bond Contract Amount «Contract Amount» Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond 100% of Contract Sum Performance Bond 100% of Contract Sum Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

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Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, according to applicable laws and as follows: Type Penal Sum ($0.00) 100% of Contract Sum and as required under Ind. Code § 36-1-12-13.1 100% of Contract Sum and as required under Ind. Code § 36-1-12-14 Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Payment Bond Performance Bond Penal Sum ($0.00) Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor

Performance Bond and Payment Bond. The Contractor shall provide surety bonds, from a company or companies lawfully authorized to issue surety bonds in the jurisdiction where the Project is located, as follows: Type Penal Sum ($0.00) Payment Bond Performance Bond Payment and Performance Bonds shall be AIA Document A312™, Payment Bond and Performance Bond, or contain provisions identical to AIA Document A312™, current as of the date of this Agreement.

Appears in 1 contract

Samples: Insurance and Bonds Exhibit

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