The phrase "assurance contracts" is correct and usable in written English.
It can be used in contexts related to finance, insurance, or legal agreements where a promise or guarantee is made regarding certain conditions or outcomes.
Example: "The company offers assurance contracts to provide clients with peace of mind regarding their investments."
Alternatives: "guarantee agreements" or "insurance contracts".
One is bound up with that strangulated officialspeak that took root in the New Labour period, as proven by the company's promotional blurb: "Through quality assurance, contract management, performance management, data management; evaluation; capacity building; and market making we help governments deliver more for less".
In a provision-point contract (also known as an assurance contract), members of a group pledge to contribute to an action if some pre-specified threshold condition is met.
Yet Russia and Syria have dragged out discussions of Mr Annan's request, with Russia insisting on assurances about contracts still pending, many of which went to its own companies.A far more difficult debate is expected over what should happen in Iraq once the war is over.
Kathy Jorrie, a lawyer for the entertainment group producing the "This Is It" concerts that Mr. Jackson was rehearsing for when he died in June 2009, testified that despite Dr. Murray's assurances, his contract included a provision for a CPR machine in case Mr. Jackson needed to be resuscitated.
In a future conflict, if, for example, one or two countries that had made a large contribution to a pooled fleet of air-to-air tankers decided to sit out the campaign, what would happen to the assets they had paid for and helped to operate?Mr Rasmussen is looking at "assurance of availability" contracts signed between participants in a pooling arrangement.
Next, we address semantic expressiveness assurance of electronic contracting.
In return for its physical and financial involvement in rebuilding Iraq, Russia will want assurance that the oil contracts signed by Russian companies before the war will be honored.
Potential buyers demanded the government's assurance of a $775,000 contract, which the government would not give.
I've not heard of anyone apart from Mark Rylance insisting that producers write into the contract the assurance that a certain number of seats will be affordable.
