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Likewise, various forms, applications, certificates, etc. are explained such as performance bond, payment bond, Owner/Architect Agreements, Standard Forms of Agreement, and Integrated Project Delivery.
"Surety" has the same meaning as in section 694a of title 15. "Surety Bond" means a bid bond, payment bond, or performance bond as those terms are defined in section 694a of title 15.
The proposed language in section 53-9-55(3), as subyitted by Mississippi on May 6 , 1997 that allows the commission to promulgate regulations regarding a waiver from the requirement to post a penalty payment bond upon a showing by the operator of an inability to post the bond is disapproved.
In addition he owns Liderança Capitalizaçao, which sells Tele Sena, a one-time payment bond.
You can, however, require your contractor to furnish you with a performance and payment bond.
Similar(55)
Instead, the contractor must require its subcontractors to provide performance and payment bonds.
While most bonds pay dividends semi-annually, the periods can range from monthly to a single payment upon bond maturity.
"It seems that investors think that Treasury can prioritize payments so that no bond payment would be missed.
In 2001 Argentina stopped payment on bonds worth $80 billion, which at the time was the biggest default in history.
Amounts in the fund are appropriated for payment of bonds and notes at maturity or for their redemption or purchase before maturity by the Secretary of the Treasury.
It recently made good on April coupon payments to bond holders.
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