performance bond in a sentence

The client felt more at ease knowing there was a performance bond in place.

The performance bond was a legal requirement for this type of project.

The performance bond provided peace of mind for the client throughout the project.

The obligor must provide a performance bond to ensure completion of the project.

The performance bond was a condition for the contractor to secure the project.

The performance bond is a financial security measure for both parties.

The performance bond protected the client from financial loss in case of contractor default.

The bank required a performance bond in exchange for approving the business loan.

The contractor's failure to provide a performance bond would have resulted in disqualification.

The surety bond provider was willing to underwrite up to a limit of $1.5 million for the construction project performance bond.

The contractor's performance bond was a crucial aspect of the agreement.

The performance bond was a safeguard against potential project delays.

The performance bond was a standard practice in the industry.