Common use of Surety Qualification Clause in Contracts

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 9 contracts

Samples: Construction Services Agreement, Project Construction Services Agreement, Construction Services Agreement

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Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- California-admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 5 contracts

Samples: Project Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § section 995.120 shall be accepted. Surety must be a California- California-admitted surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 2 contracts

Samples: resources.finalsite.net, resources.finalsite.net

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Surety Qualification. Only bonds executed by admitted Surety insurers as defined in Code of Civil Procedure § 995.120 shall be accepted. Surety must be a California- California-admitted surety Surety and listed by the U.S. Treasury with a bonding capacity in excess of the Project cost.

Appears in 1 contract

Samples: Design Build Agreement

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