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2. Performance bond - Wikipedia

   en.wikipedia.org/wiki/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 .

3. Collateral warranty - Wikipedia

   en.wikipedia.org/wiki/Collateral_Warranty

   For the benefice of a third party, it imposes an extended duty of care and a broader liability on two separate parties involved in a contract. Collateral warranties may be provided by designers, building contractors and specialist sub-contractors. The need for collateral warranties exists when the party that commissions a building will not ...

4. Contract data requirements list - Wikipedia

   en.wikipedia.org/wiki/Contract_Data_Requirements...

   Data requirements can also be identified in the contract via special contract clauses (e.g., DFARS), which define special data provisions such as rights in data, warranty, etc. SOW guidance of MIL-HDBK-245D describes the desired relationship: "Work requirements should be specified in the SOW, and all data requirements for delivery, format, and ...

5. Bid bond - Wikipedia

   en.wikipedia.org/wiki/Bid_Bond

   In the United Kingdom, bid bonds are commonly used in various industries such as construction, supply, and service contracts. One notable application of bid bonds in the UK is for securing HM Revenue and Customs (HMRC) bonds, [2] which are required for businesses dealing with goods subject to excise duty, such as alcohol, tobacco, and fuel.

6. Warranty - Wikipedia

   en.wikipedia.org/wiki/Warranty

   A warranty is a term of a contract, but not usually a condition of the contract or an innominate term, meaning that it is a term "not going to the root of the contract", [6] and therefore only entitles the innocent party to damages if it is breached, [6] i.e. if the warranty is not true or the defaulting party does not perform the contract in ...

7. Breach of contract - Wikipedia

   en.wikipedia.org/wiki/Breach_of_contract

   A contract lays down what must be done, what cannot be done, and when it must be done. If what was prescribed has not been done within the stipulated or reasonable period, there has been a breach of contract. A further form of breach of contract is conduct indicating an unwillingness or inability to perform an obligation arising from that contract.