Performance bond : conditional or unconditional
In construction contracts, a 'performance bond' is a bond taken out by the contractor, usually with a bank or insurance company (in return for payment of a premium), for the benefit of and at the request of the employer, in a stipulated maximum sum of liability and enforceable by the emplo...
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| Format: | Thesis |
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2007-10.
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| Online Access: | Get fulltext |