We need you to answer this question!
If you know the answer to this question, please register to join our limited beta program and start the conversation right now!
Asked in Housing Associations
If you have a project to redo your pool area and condo parking lot with pavers Do you need a performance bond?
A performance bond protects the association: an association would not be protecting the best interests of its investors if it hired a vendor with no performance bond. ...
Who issue performance bond?
A performance bond is generally entered by a financier, on behalf of an account party, with a beneficiary to secure the performance of that account party's obligation to the beneficiary arising from an underlying contract or instrument. ...
Asked in Business & Finance
What is the difference between performance bond and bank guarantee?
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does. ...
Asked in Commercial Insurance
What is a payment bond and a Performance bond?
Performance bonds protect the obligee (obligee is the entity requiring the bond) Requiring a performance and payment bond will insure that the project will be completed If the principal defaults in its performance set forth in the contract to the obligee and the contractor is unable to successfully perform the job, the surety assumes the contractor's responsibilities and ensures that the project is completed. Below are the four types of contract bonds that may be required 1. Bid Bond which guarantees that the bidder...
How does a small company become bonded?
A bond is a special kind of insurance that guarantees your performance to your customer. Many insurance companies will sell performance bonds. Define what kind of bond you need and what the terms of the bond are to be and explain what you want to your insurance carrier. ...
What are the release dates for The Cisco Kid - 1950 Performance Bond 2-1?
The Cisco Kid - 1950 Performance Bond 2-1 was released on: USA: 3 September 1951 ...
What is the difference between performance bond and collateral warranties?
CW offers contractual rights to a 3rd party to redress non-performance through the terms of the contact. Performance Bond is a sum held in surety that can be called upon in the event of the contractor not performing in accordance with the contract ...
What is the types of letter of guarantee?
There are several types of letter of guarantee that include: 1. Tender Bond/ Bid Bond 2. Performance Bond 3. Advance Payment Bond 4. Retention Money Bond 5. Maintenance Bond 6. Financial/ Payment Bond ...
Asked in Dodge Caravan
What is the main cause for dodge caravan overheating when driving slowly in traffic?
Low coolant or an inoperative radiator fan. Low coolant or an inoperative radiator fan. ...
Asked in Commercial Insurance
What is the cost of a performance bond?
The cost of a performance bond is based on several factors. The cost of the bond is based on its face value, expected length of project, capability and expertise of the principal (the party purchasing the bond), and the creditworthiness and liquid assets of the principal are all contributing factors. There is no standard rate for a performance bond, although surety companies have set rates per thousand of coverage by type of bond from which they may take a deviation based on...
What is defference between performance bank guarantee and retention bond?
A retention bond refers to a percent of contract value retained until work is finished. The performance bank guarantee is used to secure completion of conditions in the contract. ...
What is the difference between performance bond and bank guarantee in International Trade?
The question is incorrect, because perfomance bond is the type of a bank guarantee. ...
Asked in Law & Legal Issues, Jobs & Education
What will happen to the tender bond if the tender who has been accepted fails to provide performance security?
The Tender Bond will be forfeited if the Tenderer withdraws his Tender during the period of tender validity specified in the Tender Documents; or in the case of a successful Tenderer, if the Tenderer fails to sign the Contract and/or furnish the Performance Bond ...
Asked in Chrysler PT Cruiser
What could cause a PT Cruiser to overheat and blow water out of the surge tank only at idle and when there are no blown head gasket symptoms?
An inoperative radiator fan is likely. An inoperative radiator fan is likely. ...
Asked in Dodge Ram
Would a transmission range sensor be tied in to the cruise control?
A malfunction in the range sensor could cause the cruise to be inoperative. A malfunction in the range sensor could cause the cruise to be inoperative. ...