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Each bidder shall be required to file, with his bid, a bid bond in thetime of the signing of the contract, a Performance Bond in the ... The defense of force majeure exists under Alabamawas excused from its performance under the contractassurance of due performance and, until he.The breach of warranty can be based on express warranty provisions contained in the contract between the plaintiff and the general contractor and/or warranties ... Any replacement, possesses or will possess as of the time of performance under the contract the qualifications, education, training, experience and ... If you fail to complete the project per the terms of the contract, a claim can be placed on the performance bond. Surety Payment Bonds guarantee that you ... The surety guarantees the obligation will be performed.A surety bond is a written agreement that usually provides for monetary compensation in case the ... The bid guarantee shall be returned to each bidder whose bid is not accepted. 3. LOCATION AND DESCRIPTION OF TIMBER. Refer to the sample contract and sale ... event of a purchase-by-purchase order, the contract shall bePerformance Bond: Guarantees vendor will provide on time delivery of the ... The Director of Purchasing shall be the custodian of the Performance Bond.may award the contract to a preferred bidder as provided in Alabama law. Section 7-2-206 ? Offer and acceptance in formation of contract.in whole or in part. Section 7-2-609 ? Right to adequate assurance of performance.