TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
completion bond [2 records]
Record 1 - internal organization data 2015-01-07
Record 1, English
Record 1, Subject field(s)
- Law of Contracts (common law)
- Government Contracts
- Execution of Work (Construction)
Record 1, Main entry term, English
- completion bond
1, record 1, English, completion%20bond
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A surety bond guaranteeing the completion of a project or building by a contractor. 1, record 1, English, - completion%20bond
Record number: 1, Textual support number: 2 DEF
Bond generally given by an owner to a lender or mortgagee guaranteeing the successful financing to the completion of a construction project free of liens. It should not be confused with a performance bond, which is given by contractor to an owner guaranteeing faithful performance of the contract. 2, record 1, English, - completion%20bond
Record number: 1, Textual support number: 1 OBS
Not to be confused with "contract bond" (see record). 3, record 1, English, - completion%20bond
Record 1, French
Record 1, Domaine(s)
- Droit des contrats (common law)
- Marchés publics
- Exécution des travaux de construction
Record 1, Main entry term, French
- caution de bonne fin
1, record 1, French, caution%20de%20bonne%20fin
correct, feminine noun, France
Record 1, Abbreviations, French
Record 1, Synonyms, French
- cautionnement de bonne fin 2, record 1, French, cautionnement%20de%20bonne%20fin
proposal, masculine noun, Canada
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Caution de bonne fin. En France, cette caution garantit à l'acheteur maître d'œuvre, que les travaux ou les fournitures seront effectués ou livrés comme prévu au contrat, c'est-à-dire en totalité et dans les délais fixés. Sa mise en jeu se traduit par le versement d'une somme convenue (généralement 5 à 10 % du montant du contrat). 3, record 1, French, - caution%20de%20bonne%20fin
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 1982-03-25
Record 2, English
Record 2, Subject field(s)
- Insurance
- Fire, Accidents, Miscellaneous Risks (Insur.)
Record 2, Main entry term, English
- completion bond 1, record 2, English, completion%20bond
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 OBS
a bond given by the owner (not necessarily the contractor) as Principal to lenders, lessors, mortgagees or trustees, who have advanced him money, guaranteeing the completion of the building free of liens. 1, record 2, English, - completion%20bond
Record 2, French
Record 2, Domaine(s)
- Assurances
- Incendies, accidents et risques divers (Assur.)
Record 2, Main entry term, French
- cautionnement d'accomplissement 1, record 2, French, cautionnement%20d%27accomplissement
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 OBS
Le cautionnement d'accomplissement est accordé au propriétaire (qui n'est pas forcément l'entrepreneur); en tant que débiteur des prêteurs, des bailleurs, des créanciers hypothécaires ou des administrateurs qui ont avancé des fonds dans cette affaire afin de leur garantir que le bâtiment sera terminé, libre de tout privilège. 1, record 2, French, - cautionnement%20d%27accomplissement
Record 2, Spanish
Record 2, Textual support, Spanish
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