Common use of Sureties Clause in Contracts

Sureties. Sureties shall be listed on the US Department of the Treasury’s Listing of Approved Sureties stating companies holding Certificates of Authority as acceptable sureties on Federal Bonds and acceptable reinsuring companies (Department Circular 570) and have a rating of A- or better with A.M.

Appears in 41 contracts

Sources: Construction Management Agreement, Construction Management Agreement, Design Build Contract

Sureties. Sureties shall be listed on the US Department of the Treasury’s Listing of Approved Sureties stating companies holding Certificates of Authority as acceptable sureties on Federal Bonds and acceptable reinsuring companies (Department Circular 570) and have a rating of A- or better with A.M.A.M. Best Company.

Appears in 2 contracts

Sources: Master Agreement, Master Contract for Job Order Work

Sureties. Sureties shall be listed on the US Department of the Treasury’s Listing of Approved Sureties stating companies holding Certificates of Authority as acceptable sureties on Federal Bonds and acceptable reinsuring companies (Department Circular 570) and have a rating of A- A‐ or better with A.M.A.M. Best Company.

Appears in 1 contract

Sources: Master Agreement Contract