In the context of bidding document, what is a performance guarantee? who provides it?

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Md Fazlur Rahman
20-January-2016

Procurement Facility Operations Document Review Administration Project Management

Question ajoutée par Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd
Date de publication: 2016/02/23

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par Manny Dacillo , QS manager , Vertical Space Interiors Inc.

In the context of bidding document, performance guarantee serves as a warranty regarding contractor or bidder workmanship. It is being provided by the bidder or contractor.

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Panicos Nicolaides

par Panicos Nicolaides , Store Manager , Conspel Qatar

The performance guarantee will be placed from the successful company to ensure that they are going to complete the work or to deliver the offered equipment.

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