Sec. 13. As used in this chapter, "performance bond" means an approved form of security, furnished and executed by the bidder and the bidder's surety, that guarantees the complete execution of the contract and all supplemental agreements. As added by P.L.85-1991, SEC.3.
"Performance bond" defined
Ind. Code § 36-1-9.5-13, under Qualifications of Bidders for Certain Contracts.
Ind. Code § 36-1-9.5-13