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Data requirements can also be identified in the contract via special contract clauses (e.g., DFARS), which define special data provisions such as rights in data, warranty, etc. SOW guidance of MIL-HDBK-245D describes the desired relationship: "Work requirements should be specified in the SOW, and all data requirements for delivery, format, and ...
A parent company guarantee (PCG) is a guarantee by a parent company of a contractor’s performance under its contract with its client, where the contractor is a subsidiary of the parent company.
Forms of tender for issue by an employer to prospective main contractors and for issue by a main contractor to prospective subcontractors and for issue by a subcontractor to prospective sub-sub-contractors; A form of contract for the supply of goods; Forms of bond (including performance bonds) and collateral warranties.
In United Kingdom building industry contract law, particularly when using JCT standard form contracts, three subcontractor types are identified: Domestic subcontractor A subcontractor who contracts with the main contractor to supply or fix any materials or goods or execute work forming part of the main contract.
A job requiring a payment and performance bond will usually require a bid bond, submitted when bidding for the job. [2] When the job is awarded to the winning bid, a payment and performance bond will then be required as a security to the job completion.
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A warranty is a term of a contract, but not usually a condition of the contract or an innominate term, meaning that it is a term "not going to the root of the contract", [6] and therefore only entitles the innocent party to damages if it is breached, [6] i.e. if the warranty is not true or the defaulting party does not perform the contract in ...
Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. [1]