Common use of Contract Bonds Clause in Contracts

Contract Bonds. A payment and performance bond _X_ is waived is not waived for this project. If not waived, within 10 days of execution of this contract, the Contractor shall provide the Town with a performance and payment bond sufficient to ensure performance under this contract, or request the Town withhold 10% retainage in lieu of the contract bonds in accordance with RCW 39.08.010(3).

Contract Bonds. A payment and performance bond _X_ X is waived is not waived for this project. If not waived, within 10 days of execution of this contract, the Contractor shall provide the Town with a performance and payment bond sufficient to ensure performance under this contract, or request the Town withhold 10% retainage in lieu of the contract bonds in accordance with RCW 39.08.010(3).

Contract Bonds. A payment and performance bond _X_ is waived is not waived for this project. If not waived, within 10 days of execution of this contract, the Contractor shall provide the Town with a performance and payment bond sufficient to ensure performance under this contract, or request the Town withhold 10% retainage in lieu of the contract bonds in accordance with RCW 39.08.010(3).