Security Bond. upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of 5% of the Construction Cost Limitation. The surety for a security bond shall meet the same requirements as set forth for payment and performance bonds.
Appears in 8 contracts
Samples: Construction Manager at Risk Agreement, Construction Manager Agreement, Construction Manager Agreement
Security Bond. upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of 5% of the Construction Cost Limitationanticipated Guaranteed Maximum Price. The surety for a security bond shall meet the same requirements as set forth for payment and performance bonds.
Appears in 7 contracts
Samples: Construction Manager Agreement, Construction Manager Agreement, Construction Manager Agreement
Security Bond. upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of 5% of the Construction Cost Limitation. The surety for a security bond shall meet the same requirements as set forth for payment and performance bonds.
Appears in 6 contracts
Samples: Construction Manager at Risk Agreement, Construction Manager at Risk Agreement, Construction Manager at Risk Agreement
Security Bond. upon Upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of five percent (5% %) of the Construction Cost Limitation. The surety for a security bond shall meet the same requirements as set forth for payment and performance bonds.
Appears in 1 contract