Common use of SUBCONTRACT BONDS Clause in Contracts

SUBCONTRACT BONDS. 3.27.1 The Subcontract will indicate whether Subcontractor must furnish to the Contractor, as the named Obligee, appropriate surety bonds to secure the faithful performance of the Subcontract Work and to satisfy all Subcontractor payment obligations related to Subcontract Work.

SUBCONTRACT BONDS. 3.27.1 The Subcontract will indicate whether Subcontractor must «conudf_shallshallnot» furnish to the Contractor, as the named Obligee, appropriate surety bonds to secure the faithful performance of the Subcontract Work and to satisfy all Subcontractor payment obligations related to Subcontract Work.