(2) A performance bond and a payment bond for one hundred percent of the total contract price shall be received from the successful contractor prior to contract execution for all contracts except as otherwise provided for in this section. The surety issuing the bond must have an A. M. Best...
Suggests a set of criteria for computer systems purchasing by schools. Requiring all prospective vendors to be Dun & Bradstreet rated `A' or better; Asking for performance bond or surety deposit; Ensuring that the vendor has the ability to provide a total solution for the required system....
You will, promptly and without the requirement of the posting of a bond or similar surety, provide Hitachi with the peaceful right of entry to collect the Hitachi Infrastructure. 14.3 Insurance (a) Upon delivery of the Hitachi Infrastructure to the applicable Location, and until it is either ...
A successful bidder/proposer shall forfeit any surety required by the Manager of Purchasing and Contracts upon failure on his/her part to enter into a contract and provide performance/payment bonds and certificates of insurance (when required in the solicitation documents) within the time specified ...