10. SF 25 Performance Bond.pdf
Standard Form PDF 661 KB Posted
- Attached to
- MMAC Mobile Test Bed Facility
- Solicitation number
- 6973GH-24-R-00011
About this file
This document is a performance bond template related to solicitation number 6973GH-24-R-00011 from the Department of Transportation Federal Aviation Administration Franchise Acquisition Services for their MMAC Mobile Test Bed Facility opportunity. The performance bond template outlines requirements for the awarded contractor to obtain performance security in the amount of $500,000 to guarantee delivery of the test bed facility as required in the contract. Key details include the need for the performance bond to remain in effect until final acceptance of supplies or services and provisions allowing the Government to demand payment under the bond if the contractor fails to faithfully perform according to the contract terms.
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