REPORTS AND PERFORMANCE TESTS. Response: Comcast adds the following additional provision, provided in Section 9.5 of its Informal Renewal Proposal, Tab 3, DRAFT Renewal Cable Television License filed on March 09, 2016.
Payment and Performance Bonds The Contractor shall comply with the following minimum bonding requirements:
Payment and Performance Bond Prior to the execution of this Contract, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.
Continued Performance The Contractor and Contractor Parties shall continue to Perform their obligations under the Contract while any dispute concerning the Contract is being resolved.