Common use of Performance Bonds Clause in Contracts

Performance Bonds. (Standard Form 25). The penal amount of performance bonds at the time of contract award shall be 100 percent of the original contract price.

Appears in 5 contracts

Samples: Contract, Contract, Contract

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Performance Bonds. (Standard Form 25). The penal amount of performance bonds at the time of contract award shall be 100 percent of the original contract price.

Appears in 1 contract

Samples: Design Build Contract

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