A ‘performance bond’ is intended to offer compensation should a contractor fail to fulfil its contractual obligations.
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|---|---|---|---|---|
| What is a performance bond? | 2 | 2058 | 27 July 2017 | |
| Which Party provides the performance bond? | 1 | 693 | 16 October 2012 | |
| JCT 2016: DB performance bond | 1 | 577 | 4 July 2019 | |
| A bills of quantities states that no certificates will be issued until the contractor has provided a performance bond. After six weeks no performance bond has been produced, but the contractor states that the architect is obliged to certify. Is this corre | 1 | 342 | 5 February 2013 | |
| What happens if the Contractor has not provided the performance bond by the Contract Date? | 1 | 630 | 16 October 2012 |