Terms Used In 5 Guam Code Ann. § 59109

  • Contract: A legal written agreement that becomes binding when signed.
e Contract with the Contractor, and the Lease-Back, shall provide that all capital maintenance and repair of the Public Safety Facility be performed by the Contractor as a separate cost. The Contractor shall be responsible, during the Lease-Back period, for the timely filing of any applicable insurance claims and for the payment of any deductible required to repair a Public Safety Facility covered by an insurance policy on the Public Safety Facility. The terms by which the Contractor is to perform such Capital Maintenance shall be determined as a part of the bid process and shall be part of the conditions of the Contract.