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: Management and Operation of City Owned Cemeteries, Management and Operation of City Owned Cemeteries, Grant Agreement

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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: Management and Operation of City Owned Cemeteries

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