Jul 10, 2013 21:45
10 yrs ago
3 viewers *
Portuguese term
seguro de obrigações contratuais
Portuguese to English
Bus/Financial
Insurance
Concessão da renovação do regime especial em março de 2012 para apropriação de crédito acumulado gerado, no montante de até x, em 12 meses, mediante o oferecimento de fiança bancária ou seguro de obrigações contratuais como garantia.
Proposed translations
(English)
| 5 +1 | contract bond, performance bond |
Joao Marcelo Trovao
|
| 4 | contract performance insurance |
judith ryan
|
| 4 | Contract guarantee insurance |
Marlene Curtis
|
Proposed translations
+1
13 hrs
Joao Marcelo Trovao
Brazil
Brazil
Native in Portuguese
Brazil
Certified in Engineering and Law.
Native in: Portuguese (Variant: Brazilian) 
Works in: Portuguese to English, English to Portuguese
Related KudoZ points
:
23
Selected
contract bond, performance bond
Source: Barron's Insurance Dictionary
CONTRACT BOND a guarantee of the performance of a contractor. In general, contract bonds are used to guarantee
that the contractor will perform according to the specifications of the construction contract. If the contractor fails to perform according to contract, the insurance company is responsible to the insured for payment, up to the limit of the bond, which is usually
for an amount equal to the cost of the construction project. The insurance company then has recourse against the
contractor for reimbursement. See also BID BOND; PAYMENT BOND; PERFORMANCE BOND.
PERFORMANCE BOND bond guaranteeing that a contractor will perform under the contract in accordance with all
specifications of the bid submitted.
CONTRACT BOND a guarantee of the performance of a contractor. In general, contract bonds are used to guarantee
that the contractor will perform according to the specifications of the construction contract. If the contractor fails to perform according to contract, the insurance company is responsible to the insured for payment, up to the limit of the bond, which is usually
for an amount equal to the cost of the construction project. The insurance company then has recourse against the
contractor for reimbursement. See also BID BOND; PAYMENT BOND; PERFORMANCE BOND.
PERFORMANCE BOND bond guaranteeing that a contractor will perform under the contract in accordance with all
specifications of the bid submitted.
3 KudoZ points awarded for this answer.
4 mins
judith ryan
Brazil
Brazil
Native in Portuguese
&
English
Specializes in field
Brazil
Very quick turnarounds, consultant
Native in: English , Portuguese
Works in: Portuguese to English, Spanish to English, English to Portuguese
Related KudoZ points
:
8
contract performance insurance
Lots of google references
36 mins
Marlene Curtis
United States
United States
Native in Portuguese
&
English
United States
Marlene Curtis
Native in: Portuguese 
, English
Works in: English to Portuguese, Portuguese to English
Related KudoZ points
:
192
Contract guarantee insurance
Contract Guarantee Insurance
Contract Guarantee Insurance, is a contract concluded between the Guarantor and the Contractor, and ensures the Beneficiaries, in circumstances where the Contractor does not fulfill its contractual obligations towards the Beneficiary, and it fulfills the obligations of the Contractor, such obligations of the Contractor which derive from the contract with the object.
This contract of guarantee is concluded with the aim strengthen the trust on fulfillment of Contractor's obligations to the Beneficiary. Based on this Contract, the Guarantor undertakes to fulfill any contractual obligation, which is guaranteed by this contract.
http://www.illyriainsurance.com/?page=2,106
Contract Guarantee Insurance, is a contract concluded between the Guarantor and the Contractor, and ensures the Beneficiaries, in circumstances where the Contractor does not fulfill its contractual obligations towards the Beneficiary, and it fulfills the obligations of the Contractor, such obligations of the Contractor which derive from the contract with the object.
This contract of guarantee is concluded with the aim strengthen the trust on fulfillment of Contractor's obligations to the Beneficiary. Based on this Contract, the Guarantor undertakes to fulfill any contractual obligation, which is guaranteed by this contract.
http://www.illyriainsurance.com/?page=2,106
Discussion
the timely performance ofa contract. - In major international
agreements, performance bonds are typically
issued by banks, but sometimes also by insurance companies.
The face amount ofthe bond is typically 2%
of the value ofperformance, but occasionally as much
as 5%. [Cases: Principal and Surety ~'59-87; Public
Contracts C=4S.)2. A third party's agreement to guarantee
the completion of a construction contract upon
the default of the general contractor. Also termed
completion bond; surety bond; contract bond. Cf. common-
law bond under BOND (2). [Cases: Principal and
SuretyC=82.)
A written guaranty from a third party guarantor (usually a bank or an insurance company) submitted to a principal (client or customer) by a contractor on winning the bid. A performance bond ensures payment of a sum (not exceeding a stated maximum) of money in case the contractor fails in the full performance of the contract.
Performance bonds usually cover 100 percent of the contract price and replace the bid bonds on award of the contract. Unlike a fidelity bond, a performance bond is not an insurance policy and (if cashed by the principal) the payment amount is recovered by the guarantor from the contractor. Also called standby letter of credit, contract performance bond.
Read more: http://www.businessdictionary.com/definition/performance-bon...