Common use of TIME OF DELIVERY AND FORM OF BONDS Clause in Contracts

TIME OF DELIVERY AND FORM OF BONDS. 8.2.1 The Bidder shall deliver the required bonds to the City not later than the date of execution of the City- Contractor Agreement, or if the Work is to be commenced prior thereto in response to a letter of intent, the Bidder shall, prior to commencement of the Work, submit evidence satisfactory to the City that such bonds will be furnished. 8.2.2 The Bidder shall require the attorney-in-fact who executes the required bonds on behalf of the surety to affix thereto a certified and current copy of his power of attorney.

TIME OF DELIVERY AND FORM OF BONDS. 8.2.1 The Bidder shall deliver the required bonds to the City not later than the date of execution of the City- City-Contractor Agreement, or if the Work is to be commenced prior thereto in response to a letter of intent, the Bidder shall, prior to commencement of the Work, submit evidence satisfactory to the City that such bonds will be furnished. 8.2.2 The Bidder shall require the attorney-in-fact who executes the required bonds on behalf of the surety to affix thereto a certified and current copy of his power of attorney.