11. Also referred to as performance bond margin. 12. Requisites for winning the tender include a guaranteed performance bond of US $ 30 million, Davis said. 13. This is a type of performance bond . 14. Eighteen international teams were asked to submit a letter of credit for a $ 250, 000 performance bond . 15. FIA had asked for a performance bond as a guarantee the event would be up to acceptable standards. 16. A job requiring a payment and performance bond will usually require a bid bond, to bid the job. 17. The contractor also will be required to post a performance bond as collateral, Mirage and state officials said. 18. "Why would you trust someone who won't even post a $ 1, 000 performance bond , let alone insurance ?" 19. Moreover, FutureNet is being required to post a performance bond of $ 100, 000 to help pay for refunds. 20. In other cases, a performance bond may be requested to be issued in other large contracts besides civil construction projects.