Agreement to Bond definition

Agreement to Bond means a letter or other form issued by a bonding agency licensed to operate by the Government of Canada or the Province of Ontario advising that, if the Bidder is successful, the bonding agency will issue the required bonds;
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Agreement to Bond means a written assurance issued by a Surety Company that provides further protection to the County beyond that given by just a Bid Bond. The company agrees to furnish a Performance Bond and if required a Labour and Material Bond, on behalf of the vendor if they are awarded the contract.
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Agreement to Bond means an insurance agreement by which a third party (a surety) guarantees that if a Contract is awarded to the Bidder, the Bidder is capable of furnishing Bonds as required;
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Examples of Agreement to Bond in a sentence

  • Choose one) In accordance with B11.1, the Bidder encloses bid security in the form of: a bid bond (Form G1: Bid Bond and Agreement to Bond) an irrevocable standby letter of credit (Form G2: Irrevocable Standby Letter of Credit and Undertaking) a certified cheque or draft and agrees that it shall be held by the City in accordance with the Contract.

  • Bid Security Where Bid Security is required, the Bidder/Proponent provides bid security in the form of a bid bond (Form G1: Bid Bond and Agreement to Bond) in accordance with the Bid Security clause in the Tender document and agrees that it shall be held by the City in accordance with the Contract.

  • Choose one) In accordance with B13.1, the Bidder encloses bid security in the form of: a bid bond (Form G1: Bid Bond and Agreement to Bond) an irrevocable standby letter of credit (Form G2: Irrevocable Standby Letter of Credit and Undertaking) a certified cheque or draft and agrees that it shall be held by the City in accordance with the Contract.

  • Choose one) In accordance with B12.1, the Bidder encloses bid security in the form of: a bid bond (Form G1: Bid Bond and Agreement to Bond) an irrevocable standby letter of credit (Form G2: Irrevocable Standby Letter of Credit and Undertaking) a certified cheque or draft and agrees that it shall be held by the City in accordance with the Contract.

  • Choose one) In accordance with B10.1, the Bidder encloses bid security in the form of: a bid bond (Form G1: Bid Bond and Agreement to Bond) an irrevocable standby letter of credit (Form G2: Irrevocable Standby Letter of Credit and Undertaking) a certified cheque or draft and agrees that it shall be held by the City in accordance with the Contract.

  • BID SECURITY B14.1 The Bidder shall include in its Bid Submission bid security in the form of a digital bid bond, in the amount of at least ten percent (10%) of the Total Bid Price, and agreement to bond of a company registered to conduct the business of a surety in Manitoba, in Form G1: Bid Bond and Agreement to Bond, available on The City of Winnipeg, Corporate Finance, Materials Management Division website at https://www.winnipeg.ca/MatMgt/templates/files/eBidsecurity.pdf.

  • BID COMPONENTS B8.1 The Bid shall consist of the following components:(a) Form A: Bid/Proposal;(b) Form B: Prices;(c) Form G1: Bid Bond and Agreement to Bond.

  • Bid Security In accordance with B14.1, the Bidder encloses bid security in the form of a bid bond (Form G1: Bid Bond and Agreement to Bond) and agrees that it shall be held by the City in accordance with the Contract.

  • BID COMPONENTS B7.1 The Bid shall consist of the following components:(a) Form A: Bid;(b) Form B: Prices;(c) Form G1: Bid Bond and Agreement to Bond.

  • Choose one) In accordance with B14.1, the Bidder encloses bid security in the form of: a bid bond (Form G1: Bid Bond and Agreement to Bond) an irrevocable standby letter of credit (Form G2: Irrevocable Standby Letter of Credit and Undertaking) a certified cheque or draft and agrees that it shall be held by the City in accordance with the Contract.


More Definitions of Agreement to Bond

Agreement to Bond means a letter of form issued by a licensed bonding agency advising that, if the bidder is successful, the bonding agency will issue required bonds.
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Agreement to Bond means a letter or form issued by a licensed bonding agency advising that, if the Proponent is successful, the bonding agency will issue required bond(s).
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Agreement to Bond means a is a legal commitment issued by a bonding agency licensed to operate by the Government of Canada or the Province of Ontario, confirming to the project owner that should the contractor be awarded the job and execute the contract, the surety will provide the performance and/or payment bonds as per the terms outlined in the consent of surety;
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Agreement to Bond means a bond issued by a surety company that ensures that if the contractor is awarded the job and signs the contract, the surety will provide the performance bond and labour and material payment bond required in order to commence with the project;
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Related to Agreement to Bond

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Price Agreement means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series FF-2015 Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 9 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;