OAR 177-038-0250
Performance Security

For each Major Procurement Contractor shall deliver performance security to the Lottery of the type, in the amount and by the date specified in the Contract, pursuant to ORS 461.430 (Contractor required to comply with applicable laws). Performance security must be issued or held by a surety, financial institution, insurer, escrow agent, or other entity or individual authorized to conduct business in Oregon, and acceptable to the Commission, and may include, but is not limited to, a performance bond, an irrevocable letter of credit, a certified check, or cash.

Source: Rule 177-038-0250 — Performance Security, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=177-038-0250.

Last Updated

over 2 years ago
(June 8, 2021)

Rule 177-038-0250’s source at or​.us