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Performance bond

A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money, intended to secure a futures contract, commonly known as margin.

Companies, In the United States & Overview

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In the United States

Miller Act40 USCLittle Miller Act
3 related topics

Overview

Surety bondInsuranceBankContractorGood faith money
10 related topics

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Overview

In the United States

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Map overview Semantic statistics

Performance bond

Nodes16
Edges15
Triples16
Avg. degree1.88
Density0.125
Components1

How this topic connects Entity context

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Performance bond

Top relations

related to overview · 7
Performance bond → Another, Bond, For, If, In, Performance, When
related to In the United Kingdom · 5
Performance bond → If, In, Performance, These, United Kingdom
related to history · 4
Performance bond → AD, BC, Performance, The Romans

Important terminology Word statistics

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Important terminology

bond performance surety bonds contractor contract risk also amount issued type payment construction companies guarantee project premium completion commonly known

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Performance bondrelated to historyPerformance0.60section
Performance bondrelated to historyBC0.60section
Performance bondrelated to historyThe Romans0.60section
Performance bondrelated to historyAD0.60section
Performance bondrelated to In the United KingdomIn0.60section
Performance bondrelated to In the United KingdomUnited Kingdom0.60section
Performance bondrelated to In the United KingdomThese0.60section
Performance bondrelated to In the United KingdomPerformance0.60section
Performance bondrelated to In the United KingdomIf0.60section
Performance bondrelated to overviewWhen0.60section
Performance bondrelated to overviewFor0.60section
Performance bondrelated to overviewIf0.60section

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    Min side: 3
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