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Guarantee Bonds

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Guarantee Bonds

 

According to the criteria set by the Public Procurement Agency, in the case of tender participation, SIGMA INTERALBANIAN VIG offers the Guarantee Certificate Tender Bond.

 

Scope of insurance: Guarantee Certificate Tender Bond for submission to the Contracting Authority in case of announcement of the winner.

 

Period of insurance: According to the requests of the Public Procurement Agency, up to 150 days from the date of the tender.

 

Security sum: The Public Procurement Agency usually requires this amount to be 2% of the contract value.

 

Security Risks: If the Insurer withdraws in the event of the announcement of its winner, the Insurer pays to the Contracting Authority the amount of the security.

 

Fees: Competitive and variable depending on the financial security the contractor submits.

 

Advantages: 

According to the criteria set by the Public Procurement Agency, in the case of tender participation, SIGMA INTERALBANIAN VIG, offers the Guarantee Certificate Tender Bond.