performance bond in a sentence

Examples

1. Mahathir said the banks were demanding that borrowers pay up to 100 percent of performance bonds instead of 10 percent at present.
2. CVG completed the challenge process March 25, fulfilling a number of formalities and posting a performance bond, as required by each challenger.
3. The state will also require insurance to protect taxpayers'interests in the form of a performance bond, perhaps of $ 250 million, McKinney said.
4. He could not produce the $ 15, 000 performance bond, which was required by the league prior to the start of the season.
5. A $ 2 million bid bond was to accompany each bid; the winner would have to post a $ 5 million performance bond.
6. Additionally, the court found that requiring Trudeau to make a $ 2 million performance bond prior to participating in an infomercial was constitutional.
7. Eastern also plans to provide a 500 million peso performance bond to ensure it complies with the conditions set out by government phone regulators.
8. The Wattis Brothers, heads of the Utah Construction Company, were interested in bidding on the project, but lacked the money for the performance bond.
9. Both private companies initially had to post a performance bond that could be called by MWSS if the companies failed to fulfill their obligations.
10. However, Capwire's performance bond, which is equivalent to 15 % of its contribution to the joint venture, shall be forfeited in favor of government.