Bonds

Bid Bond

The guarantee for bids (BID BOND) represents an alternative to a Bank Letter of Guarantee or a bank transfer in favour of the contractor, when taking part in biddings. More

The Performance Bond

The Performance Bond is the instrument of guarantee imposed to companies that sign a public procurement contract. More

The Maintenance Bond

The Maintenance Bond complements the Performance Bond and covers the post-execution maintenance, if this period had been referred to in the initial contract. More

The Advance Payment Bond

The Advance Payment Bond guarantees the refund by the debtor of the sums that the creditor has paid as a cash advance for the provision of services or acquisition of products. Afla mai multe

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