Performance bond : conditional or unconditional
In construction contracts, a 'performance bond' is a bond taken out by the contractor, usually with a bank or insurance company (in return for payment of a premium), for the benefit of and at the request of the employer, in a stipulated maximum sum of liability and enforceable by the emplo...
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Main Author: | Supardi, Azizan |
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Format: | Thesis |
Language: | English |
Published: |
2007
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Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/11575/1/AzizanSupardiMFAB2007.pdf |
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