Question
What is AIA Document A312™–2010, Performance Bond and Payment Bond?
Answer
AIA Document A312™–2010 (formerly A312™–1984), Performance Bond and Payment Bond, is one form that form incorporates two bonds: a Performance Bond covering the contractor’s performance, and a Payment Bond covering the contractor’s obligations to pay subcontractors and others for material and labor.
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AIA Version: |
AIA Contract Documents Software - all versions |
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Platform: |
All |
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Last Updated: |
2013-06-17 |
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Number: |
968 |