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BONDING REQUIREMENT

AWIN ENTERPRISES requires all subcontractors to provide performance and payment bonds.  The bonding threshold for projects may vary, but contractors providing labor and materials more than $500,000 must secure and furnish 100% Faithful Performance and 100% Payment Bonds.  AWIN ENTERPRISES reserves the right to waive this requirement and permit bonding at a lower threshold, permit a substitute security, or to accept alternate guarantee in lieu of such bonds.  Each project will have specific bonding requirements.