Package -- A collection of commonly used VHDL constructs that can be shared by more than one design unit, i.e., by multiple Entity Declarations, Architecture Declarations, Configuration Declarations, and Package Declarations. Packages consist of a Package Declaration and an optional Package Body.
Performance bonds and payment bonds are often written as one bond, but by definition they are not the same. They differ in that: A performance bond assures satisfactory performance of the terms of the contract. A payment bond assures that the subcontractors, laborers, and material suppliers will receive payment for the services and products used to fulfill the contract.
Bid Bond Definition: A guarantee that the bid you submit for a project (usually public construction jobs) is accurate and will post a performance bond. If your bid is inaccurate, you win the project but back out of the job or cannot post a performance bond, a claim can be made against your bid bond which youâre responsible to pay.