Examples of Additional Performance Security in a sentence
The Damages shall be the sum calculated at the rate of 0.01% (zero point zero one per cent) of the Bid Price offered by the Selected Bidder for each day until the Performance Security and Additional Performance Security, if any, is provided in full as prescribed herein.
The damages at full rate as given above shall be applicable even if a part of the Performance Security and the Additional Performance Security is provided.
The Additional Performance Security shall be valid until 28 (twenty eight) days after Project Completion Date.