Performance guarantee bond definition

Performance guarantee bond means for each year of the energy program, the energy performance
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Performance guarantee bond means for each year of the energy program, the energy performance contractor shall provide a performance bond in an amount equal to, but no greater than, the guaranteed measured and verifiable annual savings set forth in the program.
Sample 1
Performance guarantee bond means the bond executed by the Bidder and its surety in favor of the DNR, guaranteeing the faithful performance of the Contract and subsequent Work Orders and the payment of all debts pertaining to the work.
Sample 1

Examples of Performance guarantee bond in a sentence

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.

  • The right to all eligible services without discrimination because of race, religion, creed, color, sex, age, disability, or national origin.

  • Performance guarantee bond / security in any form submitted by the BUYER shall stand forfeited.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal CIN Annexure-I *Un-Priced Commercial Bid for Fresh Certified / .

  • If a tenderer QUOTES UNWORKABLE RATES and is considered for placement of order, the said tenderer will be asked to justify the rate quoted and will have to furnish Performance guarantee bond (in addition to the security deposit) in the form of Bank Draft/Bank Guarantee.

  • If the tenderer quotes unworkable rate i.e. quoted rate of tenderer is lesser than 90.00% of estimated value and is considered for placement of work order, they/he will be asked to justify the rate quoted and will have to give Performance guarantee bond (in addition to the Security Deposit) in the form of Bank Guarantee (In prescribed format as available at our website: www.bpscl.in) issued by any Nationalized/Scheduled Bank in favour of Bokaro Power Supply Company (P) Limited.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal Firm/ Company’s CIN Annexure-1Application for Non – Commercial Price Bid for City Compost (To be Up-loaded along with Technical Bid)1.

  • The Payson City Transportation Master Plan (TMP) does not allow the design and construction of private roads based on these facts:• Narrower than public roads – conflicts with the International Fire Code (IFC).• Performance guarantee bond not posted.• Not inspected by the City.• Asphalt pavement not properly maintained.• On-street parking causes emergency vehicles response delays and garbage collection challenges.• Concern with prescriptive road statute of taking ownership.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE.FOR AND ON BEHALF OF THE FIRM/COMPANYSignatureName of Authorized PersonCompany NameFirm/ Company Seal ANNEXURE-ANATIONAL FERTILIZERS LIMITED, CENTRAL MARKETING OFFICE, NOIDAFORMAT FOR PRE-QUALIFICATION OF MANUFACTURERSFOR SUPPLY OF Bentonite Sulphur .1.Name of the Firm/ Company 2.Address of Regd.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal CIN *Un-Priced Commercial Bid for Fresh Certified / .

Related to Performance guarantee bond

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, by the Performance Guarantor in favor of the Administrative Agent for the benefit of the Secured Parties.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Performance Guarantor means Parent.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F unconditionally guarantying, on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Subsidiary Guarantee Agreement means a Subsidiary Guarantee Agreement substantially in the form of Exhibit B, and all supplements thereto made by the Subsidiary Guarantors in favor of the Administrative Agent for the benefit of the Lenders.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Service Guarantee means any payment or other benefit that one party provides to the other party when it fails to meet a Service Standard for which a guarantee payment is provided should that Service Standard not be met;

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Guarantee Test(s means the test(s) specified in the Procuring Entity's Requirements to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Appendix to the Contract Agreement titled Functional Guarantees, in accordance with the provisions of GCC Sub-Clause25.2 (Guarantee Test) hereof.