Sentences with phrase «performance bond»

It's possible to get performance bonds for a public job if you have personal credit issues.

To stay up - to - date with performance bond requirements and compliance concerns with the changing regulatory environment.

Performance bond margin The amount of money deposited by both a buyer and seller of a futures contract or an options seller to ensure performance of the term of the contract.

The courts may use any method deemed effective to enforce access orders, including performance bonds, modification, as well as fines or jail time.

A sum, usually smaller than — but part of — the initial performance bond, which must be maintained on deposit in the customer's account at all times.

Bad credit will not help your case when applying for large performance bonds, so you'll want to make sure you know what your CPA needs to provide when you apply for bonding.

High costs lead to inferior bond mutual fund performance Bond portfolio management is a relatively specialized fixed income securities activity.

Performance bond requirements vary by product and market volatility.

He has also acted in a number of cases involving restraint of draw down under letters of credit (e.g. Group Josi v Walbrook — successfully enforcing draw down of letters of credit in face of alleged fraud of underwriting agents); enforcement of performance bonds and corporate and governmental guarantee (Marubeni v Mongolia).

Representation of a surety alleging liability under performance bond in a case in which the general contractor alleged breach of contract, negligent misrepresentation, and violations of CUTPA against the subcontractor.

Also referred to as performance bond margin.

Field Law assists owners, contractors, subcontractors & suppliers, and bonding companies in pursuing and defending claims on performance bonds, labour and material payment bonds, bid bonds and lien bonds, and in assisting clients in related matters, including:

Clearing members holding open positions in E-Mini Standard and Poor's MidCap 400 Stock Price Index futures contracts at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

Clearing members holding open positions in E-Mini Standard and Poor's 500 Stock Price Index futures contracts at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

Cuka owners Qerem Cukoviq and Suzana Cukoviq have been banned from operating a travel agency in the state unless they file a $ 200,000 performance bond with the AG's office, Schneiderman said.

Dodge v. Fidelity and Deposit Co. of Maryland, 161 Ariz. 344, 778 P. 2d 1240, 58 USLW 2018 (1989)(Court determines that performance bond surety on owner - occupied residential construction may be liable in tort for breach of duty of good faith and fair dealing)

Margins / Performance bonds help to ensure that clearing members can meet their obligations to their customers and to CME Clearing.

According to sources close to Binniyat, although these stringent terms were eventually met, Justice Bashir Sukola refused to release Binniyat, insisting that the bank bonds had to be performance bonds from contractors handling government contracts.

Provided legal advice to resolve lien claims, surety performance bond claims and delay claims arising out of the construction of the Calgary Olympic Saddledome.

policy performance bonds — these mechanisms have great potential in aligning financial incentives with wider SDGs;

The Department of Mines and Petroleum says it will return millions of dollars in unconditional performance bonds associated with dead tenements to mining companies and individuals through its rehabilitation fund program.

Based on market performance the bond fund is still at 40 % of the portfolio, but the international fund has dropped to 15 %, while the U.S. stock fund grew to 45 % of the portfolio.

With daily marking - to - market and performance bonds pledged to the clearing members, the counterparty risk of futures contracts is almost zero.

Bank performance bond «project legal practice analyzing (a)», Yuan Zhao Publishing Limited Distribution, September 61 - 95,2005 page second edition.

In several cases involving performance bond sureties, he obtained either judgments of discharge or favorable settlements based on lack of proper notice.

First, the motion judge reasoned that an «all - perils» insurance policy should not be viewed as a «de-facto performance bond for the work of a third party.»

Advising on the drafting of a complex remuneration package for a senior hire (including shares, deferred performance bonds, cash bonus buy - out payments and first year guarantees).

Nevada's state treasurer Dan Schwartz told Reuters a $ 75 million performance bond required from Faraday before the state issued bonds for infrastructure development at the factory site has not materialized.

Watch how he uses live video to build a bond with his audience and take them behind the scenes of his performances

Margins, also known as Performance Bonds are deposits required to ensure that a clearing member can cover potential losses with his or her trading positions.

Clearing members holding open positions in an E — Mini Nasdaq 100 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

Clearing members holding open positions in an E-Mini S&P SmallCap 600 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

If you are a larger contractor looking for performance bonds for bigger projects (over $ 350K), you can get bonded with credit problems.

Brennan also promised to stop selling debt settlement services unless he posted a $ 50,000 performance bond with the Consumer Protection Division of the Attorney General's office.

Mr. Cavanaugh spoke on performance bonds and subcontractor default insurance as risk management tools.

Mr. Regan has extensive experience representing sureties with respect to payment and performance bond claims, contractor defaults, takeover and completion agreements, and the defense of bad faith claims.

He has resolved major claims, often involving payment and performance bond sureties and mechanic's liens.

Once you gain access, though, you have to post what is called a performance bond, which is an amount usually around 2 - 5 % of the value of the contract.

Each commodity exchange has a clearinghouse that holds margin in the form of a performance bond in a separate account for each trader.

The Cary Park District said it may cash in a performance bond and find another construction company if CNC Dredging does not complete work in the restrooms at Jaycee Park by Oct. 15 «The Park District is just getting concerned about the lack of progress seen at the site the last few weeks,» Executive Director Steve Cherveny said.

You should also be aware of the implications of certifying practical completion under any other relevant documents, for example, does the performance bond expire on practical completion?

The performance bond helps to ensure the financial integrity of brokers, clearing members and the Exchange as a whole.

Funds that must be deposited as a performance bond by a customer with his or her broker, by a broker with a clearing member, or by a clearing member, with the Clearing House.

If a customer's equity in any futures position drops to, or under, the maintenance performance bond level, a «performance bond call» is issued for the amount of money required to restore the customer's equity in the account to the initial margin level.

In your link, look at the next tab «Performance Bond / Margin» and it shows you how much money you ACTUALLY have to put down to establish the contract and gain profits or losses from the fluctuations of $ 132,484 dollars.

Clearing members holding open positions in a Nasdaq 100 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

However, you need to post an initial margin (also known as the performance bond) as a guarantee of your ability to fulfill the contract.

A Standby Letter of Credit can be used in international transactions as a bid bond, performance bond, or advance payment bond.