Bonds and Other Performance Security. Design-Builder shall provide Performance Bond, Exhibit C, and Statutory Bond, Exhibit D, in the amount of one hundred percent (100%) of the Contract Price to cover the entire scope of design-build performance including planning, design, procurement, construction, and completion of the Project, and any other specific performance security that may be indicated in an Exhibit to this Agreement.
Appears in 2 contracts
Sources: Standard Form of Agreement Between Owner and Design Builder, Cost Plus Fee With an Option for a Guaranteed Maximum Price, Standard Form of Agreement Between Owner and Design Builder Cost Plus Fee With an Option for a Guaranteed Maximum Price