January 23, 2023

Advance Payment Guarantees

An Advance Payment Guarantee is issued to secure the release of payment for the mobilization of a project or contract.

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edenbridgecapital

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edenbridgecapital

January 23, 2023

Performance Bond

A Performance Bond is often required from a contractor or supplier who has been successful in the bidding process so as to guarantee the satisfactory execution and completion of the contract.

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edenbridgecapital

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edenbridgecapital

January 23, 2023

Bid Bonds

Bid bonds are a type of tender security which works as a deterrence to contractors from withdrawing their submitted bids for tenders.

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edenbridgecapital

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edenbridgecapital