Common use of Reimbursement for bond premiums Clause in Contracts

Reimbursement for bond premiums. If performance or payment bonds are required under this Contract, Battelle shall pay to the Contractor that portion of the Contract price equal to the total premiums paid by the Contractor to obtain bonds. This payment shall be paid at one time to the Contractor together with the first progress payment otherwise due after the Contractor has:

Appears in 8 contracts

Samples: www.pnnl.gov, www.pnnl.gov, www.pnnl.gov

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