Sentence examples for performance bond from inspiring English sources

Further details and terms of what is described as a "performance bond" will be agreed between Octagon and the Fia's lawyers in the next week.

But, while Baker disputed Reynolds's later allegations, he said that Reynolds had "told the truth with respect to the LBJ insurance policy" and the performance bond.

No principal payments need be paid for the first eight years, and Lockheed does not have to post a performance bond, which helps the company's balance sheet.

To receive a license, a Web site now must post a "performance bond" of 50,000 Singapore dollars, or $39,400.

One indication of the agency's plan, however, was included in a letter Jan . 11letter that its lawyers sent to Belcor and the company that issued the $6.8 million performance bond for the project, Universal Bonding Insurance Company of Lyndhurst.

For instance, the commission previously required a $50 million performance bond from the agency it selected, Mr. Gibbons said, but that has been reduced to $3 million to $4 million.

So regulators are speaking highly of a new sort of instrument to align incentives better: "performance bonds".

More countries are asking firms to put up performance bonds (which do have to go on the balance-sheet).

Washington is facing a cash crunch, is in default of credit agreements and cannot secure performance bonds needed to start new projects.

The Stubbolos were also indicted on charges dating back to 1994 and 1995, when, the authorities said, they lied on applications to the Utica Mutual Insurance Company for performance bonds.

We have required that companies that operate on federal lands post performance bonds to cover the costs of reclaiming land and also to provide an incentive for companies to protect environmental resources.