NEC4 · ECC Option X13
Option X13
Performance bond. The Client receives a bond from a bank or insurer the Project Manager has accepted, in the form the Scope sets.
Also written as
- X13
- performance bond
Where you meet it
- Module 12: Delay damages, bonds and terminationCase Law
- Module 9: Subcontracting and securityNEC4 vs FIDIC 2017