Common use of Fidelity Bond Coverage Clause in Contracts

Fidelity Bond Coverage. The PHA must carry adequate fidelity bond coverage, as required by HUD, of its officers, agents, or employees handling cash or authorized to sign checks or certify vouchers. Proof of this coverage must be made available to FEMA and HUD upon request.

Fidelity Bond Coverage. The PHA must carry adequate fidelity bond coverage, as required by HUD, of its officers, agents, or employees handling cash or authorized to sign checks or certify vouchers. Proof of this coverage must be made available to FEMA and HUD upon request.