Performance guarantee bond definition
Performance guarantee bond means for each year of the energy program, the energy performance
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.
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.