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APPENDIX I1 PERFORMANCE BOND To: The AccountantGeneral Ministry of Finance Jerusalem Re: Bank Guarantee No. Concession Agreement Dated (Guarantee “) Pursuant to the request of name to be completed

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What is appendix i1 performance bond?

Appendix i1 performance bond is a type of financial security that is required to be filed by certain individuals or entities as a guarantee of performance for a specific project or contract.

Who is required to file appendix i1 performance bond?

The individuals or entities who are required to file appendix i1 performance bond depend on the specific requirements set forth in the governing contract or regulations. Typically, it is required for contractors, subcontractors, or suppliers involved in construction projects.

How to fill out appendix i1 performance bond?

To fill out appendix i1 performance bond, you need to provide various information such as the name and address of the bonded party, the project details, the amount of the bond, and any other relevant details as required by the governing contract or regulations.

What is the purpose of appendix i1 performance bond?

The purpose of appendix i1 performance bond is to provide financial protection to the project owner or obligee in case the bonded party fails to fulfill their contractual obligations. It ensures that the obligee will be compensated for any losses or damages caused by the bonded party's non-performance.

What information must be reported on appendix i1 performance bond?

The specific information required to be reported on appendix i1 performance bond may vary depending on the governing contract or regulations. However, generally, it includes details such as the name and address of the bonded party, the project details, the bond amount, the effective dates of the bond, and any other relevant information as specified by the obligee.

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