Extracted standards
1 individual requirements pulled out of this section’s prose, each with the sentence it came from.
Other
- Performance guarantee administrative cost percentage10 pct
to provide an additional ten percent of total estimate for administrative costs
From the ordinance
Performance guarantee means a bond with surety and/or cash deposit, escrow, or letter of credit approved by the governing body or its administrator in the amount equal to the full cost of improvements required by these regulations and providing for completion of said improvements within a definite term and to provide an additional ten percent of total estimate for administrative costs.