Examples of Timber harvesting in a sentence
Performance Bond Reduction STATE shall permit PURCHASER to reduce its performance bond under the following circumstances: 180 days after final acceptance of completed Timber harvesting Operations, upon PURCHASER’s request and provided no claims are then pending, STATE may permit PURCHASER to reduce the amount of their bond to an amount equal to the value of all Project Work remaining to be performed or accepted.
STATE shall release PURCHASER’s bond upon the later of: (a) 180 days after final acceptance of completed Timber harvesting Operations or (b) 180 days after STATE’s acceptance of all Project Work required under Section 2610, “Project Work.” “Acceptance” under (a) or (b) shall not be provided until STATE has inspected and approved the work and PURCHASER has provided satisfactory evidence of PURCHASER’s compliance with all other terms and conditions of the Contract.
Timber harvesting – this is the cutting and removing of forest products.
STATE shall release PURCHASER's bond upon the later of: (a) 180 days after final acceptance of completed Timber harvesting Operations or (b) 180 days after STATE's acceptance of all Project Work required under Section 2610, "Project Work." "Acceptance" under (a) or (b) shall not be provided until STATE has inspected and approved the work and PURCHASER has provided satisfactory evidence of PURCHASER's compliance with all other terms and conditions of the Contract.
STATE shall permit PURCHASER to reduce its performance bond under the following circumstances: 180 days after final acceptance of completed Timber harvesting Operations, upon PURCHASER's request and provided no claims are then pending, STATE may permit PURCHASER to reduce the amount of their bond to an amount equal to the value of all Project Work remaining to be performed or accepted.