Common use of Performance Bond Clause in Contracts

Performance Bond. A bond in an amount at least equal to one hundred percent (100%) of Guaranteed Maximum Price as security for faithful performance of the Contract Documents.

Appears in 49 contracts

Samples: Facilities Lease, Facilities Lease, General Construction Agreement

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Performance Bond. A bond in an amount at least equal to one hundred percent (100%) of Guaranteed Maximum Total Project Price as security for faithful performance of the Contract Documentsthis Contract.

Appears in 5 contracts

Samples: Master Contract for Plumbing Construction Services, Master Contract for Plumbing Construction Services, Master Contract for Mechanical Construction Services

Performance Bond. A bond in an amount at least equal to one hundred percent (100%) of Guaranteed Maximum Contract Price as security for faithful performance of the Contract DocumentsContract.

Appears in 1 contract

Samples: Construction Agreement (Design Bid Build)

Performance Bond. A bond in an amount at least equal to one hundred percent (100%) of Guaranteed Maximum Price the contract price as security for faithful performance of the Contract Documentsconstruction project.

Appears in 1 contract

Samples: Mitigation and Construction Agreement

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Performance Bond. A performance bond in an amount at least equal to one hundred percent One Hundred Percent (100%) of Guaranteed Maximum Price as security for faithful performance of the Contract Documentstotal contract value.

Appears in 1 contract

Samples: Works Contract

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