Provision of bonds and guarantees. The form in which a bond or guarantee required by the conditions of contract (if any) is to be provided by the
Provision of bonds and guarantees. The Employer may withhold payment of amounts due to the Contractor until the bond or guarantee required in terms of this contract has been received and accepted by the person notified to the Contractor by the Project Manager to receive and accept such bond or guarantee. Such withholding of payment due to the Contractor does not affect the Employer’s right to termination stated in this contract.
Provision of bonds and guarantees. Not applicable
Provision of bonds and guarantees. A Parent Company Guarantee required by the conditions of contract is to be provided by the Consultant is given in Part 1 Agreement and Contract Data, document C1.3, Sureties.
Provision of bonds and guarantees. No performance bond or guarantees required – only retention as specified under secondary option X16.
Provision of bonds and guarantees. The form in which a bond or guarantee required by the conditions of contract (if any) is to be provided by the Contractor is given in Part 1 Agreements and Contract Data, document C1.3, Sureties. The Employer may withhold payment of amounts due to the Contractor until the bond or guarantee required in terms of this contract has been received and accepted by Project Manager. Such withholding of payment due to the Contractor does not affect the Employer’s right to termination stated in this contract. The Contractor provides the bonds and guarantees as agreed to within 2 weeks after the Contract Date.
