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Exhibit C PERFORMANCE ASSURANCE DEFINITIONS M Definitions. Mandatory or Required RightofWay Dedications and/or Transportation Improvements. Such dedications and/or transportation facility improvements
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Who needs exhibit c performance assurance?

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Exhibit c performance assurance is needed by individuals or organizations who are required to provide an assurance of their performance in a particular task, project, or agreement.
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This may include contractors, service providers, vendors, or any party involved in a contractual obligation where performance assurance is required.
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The specific circumstances and contractual agreements determine who exactly needs exhibit c performance assurance.
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Exhibit C performance assurance is a financial guarantee provided by a contractor to ensure the completion of a project.
Contractors or vendors who are awarded a project contract may be required to file exhibit C performance assurance.
Exhibit C performance assurance is typically filled out by submitting a bond or irrevocable letter of credit to the project owner.
The purpose of exhibit C performance assurance is to protect the project owner in case the contractor fails to fulfill their obligations.
Exhibit C performance assurance typically includes details about the amount of the bond or letter of credit, the name of the issuing institution, and the expiration date.
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