common-law bond

common-law bond

common-law bond (1)普通法保函 公共工程项目承包商在法定的最低担保要求之外提供的履约保函。 (→performance bond) (2)普通法上的约束 1指凡作成文书加盖印章后应受其约束,从而应尽之义务;2对公务员而言,即使宪法及法规均无要求提供保证之规定,但在其自告奋勇,保证执行某项任务时,即应受其约束。

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common law bond

A performance bond given by a construction contractor. • A common-law bond exceeds the requirements of a statutory performance bond because it provides additional coverage for construction projects. Cf. PERFORMANCE BOND. [Cases: Principal and Surety 65, 66(1). C.J.S. Principal and Surety §§ 70, 72–73, 75.]

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