A 2.8 million contract at MONUC with a performance bond clause was not supported by the required performance bonds on inception.

A contract to provide 41 million of fuel was signed without a performance bond having been requested.

For instance, a contract valued at 32 million was awarded to provide an uninterruptible power supply to MINUSTAH without the necessary performance bond having been requested.

The bond is the United Nations lien against contractor performance.

Section 13.6.3 (3) (j) of the Procurement Manual states that a performance bond clause providing for a formal notice of bond, usually ranging from 10 per cent to 30 per cent of the contract price, is generally required from the contractor on signing of the contract in cases above 100,000, subject to forfeit if the contractor fails to correct satisfactorily a performance failure within 30 days following receipt of such notice.

The issue of performance bond, and labour and material bond was the subject of protracted negotiations between the Secretariat and the contractor, who had claimed that it was unable to secure a performance bond in the form required by the United Nations.

The pump attendant's contract was also terminated owing to improper performance of his duties

Accordingly, the evaluation of a consultant's performance generally takes place at the end of the contract.

My name is Bond, Jamal Bond.

Ahoy, Mr. Bond! Ahoy, Mr. Bond!

Let's say they bond here, they bond here, and they bond here.

The Organization accepted a letter of credit in lieu of a performance bond and the retainage of funds from the contractor.

In paragraph 309 of the report, UNDP agreed with the Board's reiterated recommendation to establish benchmarks for performance for contract letting and to monitor performance against those standards.

In Malta, accountability for gender mainstreaming is ensured through the performance management contract of senior officials in the public service and the performance management programme of other officers.

Bond

Creates a bond, creates a bond of respect.

The deliverables are on time, are of the required quality, and meet the vendor performance requirements of the contract.

(b) The entry into force of a procurement contract and the provision of a security for the performance of the contract, if such a security is required by the solicitation documents

Bond offering

Bond Labels

Bond number

Bond Radius

Bond Length

Bond Angle

Bond Length

Bond Radius

Bond Paper

Bond paper

A bond?

Mr. Bond?

(6) Upon the entry into force of the procurement contract and, if required, the provision by the supplier or contractor of a security for the performance of the contract, notice of the procurement contract shall be given to other suppliers or contractors, specifying the name and address of the supplier or contractor that has entered into the contract and the contract price.

Under the applicable German law the arbitration agreement validly became part of the contract when the respondent did not object to its inclusion in the confirmation letter and started performance of the contract.

So they'll bond let's say they bond, I was doing yellow.

But the employers also quickly learned that the best kind of employment contract is one that offers employee not just a fixed contract, but also the possibility of a bonus, a sort of gift for good performance that is outside of any contract provisions.

Mr. Bond, sir?

Oh, Mr. Bond.

Mr. Bond! Quick!

Mr. Bond here.

Who is Bond...

Ahoy, Mr. Bond!

The contractor failed to perform and, because the performance bond had not been obtained, an estimated additional cost of 400,000 was incurred by the United Nations.

(b) The receivable is not fully earned by performance and either the modification is provided for in the original contract or, in the context of the original contract, a reasonable assignee would consent to the modification.

(ii) The receivable is not fully earned by performance and either the modification is provided for in the original contract or, in the context of the original contract, a reasonable assignee would consent to the modification.

(iii) Failure to provide a required security for the performance of the contract after the tender has been accepted or to comply with any other condition precedent to signing the procurement contract specified in the solicitation documents.

The Stock Bond Disconnect