Bonds

Bonds guidance:

Produced in partnership with Kennedys SCHEDULE Bond Number [insert] Dated: Parties 1 The Employer: [insert] incorporated in [England and Wales] (Company Number [insert])...

Precedents

An advance payment bond is a particular form of performance bond, invariably written as an 'on demand' instrument. See Practice Notes: Performance bonds—construction...

Practice Note

Introduction The ABI Model Form of Guarantee Bond was first published in 1995 and was updated (in 2002) to incorporate reference to the Contracts (Rights of Third...

Practice Note

Produced in partnership with Kennedys SCHEDULE Bond Number [insert bond number] Dated: Parties 1 The Employer: [insert Employer’s name] incorporated in [England and...

Precedents

Produced in partnership with Kennedys SCHEDULE Bond Number [insert] Dated: Parties 1 The Employer: [insert] incorporated in [England and Wales]. (Company Number [insert])...

Precedents

Introduction The purpose of this Practice Note is to: • examine the nature of the on demand performance bond, and • key elements that help identify whether a performance...

Practice Note

Performance bond 1 The Contractor shall immediately on execution of this Contract procure and deliver to the Employer a performance bond in a sum equal to ten per cent...

Precedents

This Practice Note examines the nature of performance bonds, why they are required and where they fit into the suite of documentation commonly required for any...

Practice Note

Produced in partnership with Kennedys Retention bond Schedule Bond number [insert] Dated: Parties 1 The Employer: [insert] incorporated in [England and Wales] (Company...

Precedents

A retention bond is a particular form of performance bond usually written as an 'on demand' instrument. This Practice Note examines: • the nature of retention bonds • why...

Practice Note
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