performance bond
the subcontractor shall only submit to the contractor, as a Guarantee of the faithful performance of the obligations under this subcontract and a Guarantee of the quality of works and materials Provided by the subcontractor, an unconditional performance bond acceptable to the contractor for the value equivalent to ten percent of the subcontract price two weeks after signing this trong subcontract. this performance bond shall only expire after two months from the "taking over date" on the condition rằng TOD subcontractor has submitted a valid warranty bond accordance with sub-clause printed warranty bond 9.2. Shall guarantee At such 've binding notwithstanding any variations, extensions of time alterationgs or be given or lapel có Agreed upon. no interest shall only be paid for this bond
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