Notification to Surety Clause Samples
Notification to Surety. If notice of any change affecting the general scope of the Work or the provisions of the Contract Documents (including, but not limited to, Contract Price or Contract Times) is required by the provisions of any Bond to be given to a surety, the giving of any such notice will be Contractor's responsibility. The amount of each applicable Bond will be adjusted to reflect the effect of any such change.
Notification to Surety. ▇. ▇▇▇▇ shall notify the performance and payment bond surety of the issuance of each Work Authorization and confirm that the bonds have been adjusted to reflect the changes in Guaranteed Maximum Price and Contract Times.
B. If the provisions of any bond require notice to be given to a surety of any change affecting the general scope of the Work or the provisions of the Contract Documents, including, but not limited to, Guaranteed Maximum Price or Contract Times, the giving of any such notice will be ▇▇▇▇’▇ responsibility. The amount of each applicable bond will be adjusted to reflect the effect of any such change.
Notification to Surety. A. Any bonds issued in connection with the Work shall contain a provision that surety waives notices of any changes to the Contract Documents. However, to the extent any notice of any changes to the Contract Documents requires notice to any surety, the giving of any such notice will be Construction Manager’s responsibility. The amount of each applicable bond shall automatically be adjusted to reflect the effect of any such change.
Notification to Surety. If the provisions of any bond require notice to be given to a surety of any change affecting the general scope of the Work or the provisions of the Construction Documents (including, but not limited to, Contract Price or Contract Time), the giving of any such notice will be LIT’s responsibility. The amount of each applicable bond will be adjusted by LIT to reflect the effect of any such change.