Common use of FORM OF PERFORMANCE BOND Clause in Contracts

FORM OF PERFORMANCE BOND. (Page 1of 2) BY THIS BOND, We , as Principal, hereinafter called Design-Build Firm, and , as Surety, are bound to the City of Miami, Florida, as Obligee, hereinafter called City, in the amount of Dollars ($ ) for the payment whereof Design- Build Firm and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally.

Appears in 3 contracts

Sources: Design Build Contract, Design Build Services Agreement, Design Build Services Agreement