Common use of Proposal Guaranty Clause in Contracts

Proposal Guaranty. a form of security assuring that the Proposer (a) will not withdraw the Proposal within the period specified for acceptance, and (b) will execute a Contract and furnish required bonds and any necessary insurance within the time specified in the Solicitation, unless a longer time is allowed by the City. The guarantee will be returned to the Proposer upon execution of a Contract.

Appears in 5 contracts

Samples: www.austintexas.gov, www.austintexas.gov, austintexas.gov

AutoNDA by SimpleDocs

Proposal Guaranty. a form of security assuring that the Proposer (a) will not withdraw the Proposal within the period specified for acceptance, and (b) will execute a Contract and furnish required bonds and any necessary insurance within the time specified in the Solicitation, unless a longer time is allowed by the City. The guarantee will be returned to the Proposer upon execution of a Contract.. Page 48 of 50 InterCare Corporation Management and Operation of City Owned Cemeteries

Appears in 1 contract

Samples: www.austintexas.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.