Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,824,502,545 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

performance bond

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.02 sec.
performance bond [pər′fȯr·məns ‚bänd]
(engineering)
A bond that guarantees performance of a contract.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
? Mentioned in ? References in periodicals archive
No references found
 
``Because the public contract code requires bidders to provide a payment performance bond for the full contract value, there are very few contractors with that high bonding capacity,'' Havens said.
To alleviate those concerns, project partner PCL Construction is providing a performance bond for the project's full value.
A performance bond can guarantee the performance of the contractors' obligations to construct to project.
 
Encyclopedia browser? ? Full browser
 
 
Encyclopedia
?

Disclaimer | Privacy policy | Feedback | Copyright © 2010 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.