Translation of "performance bond" into Finnish

suoritustakaus, suoritustakuu, toimitustakaus are the top translations of "performance bond" into Finnish.

performance bond noun grammar

(law): A contractor's bond, guaranteeing that the contractor will perform the contract and providing that, in the event of default, the surety may complete the contract or pay damages up to the bond limit. [..]

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English-Finnish dictionary

  • suoritustakaus

    noun
  • suoritustakuu

    noun

    In two cases, contracts were signed without performance bonds being provided by the contracting party.

    Kahdessa tapauksessa sopimukset allekirjoitettiin, vaikka sopimuspuoli ei ollut toimittanut suoritustakuuta.

  • toimitustakaus

    noun

    The aim of this procedure is to verify that the required performance bond was posted within the required time period.

    Tämän menettelyn tavoitteena on varmistaa, että vaadittu toimitustakaus postitettiin vaaditun ajan kuluessa.

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