
Financial Guarantees Insurance
These are bonds mostly associated with development projects where a Contractor has to deposit a bond as a guarantee of compliance with contract terms
Financial Guarantees
These are bonds mostly associated with development projects where a Contractor has to deposit a bond as a guarantee of compliance with contract terms, for example, Performance Bond, SupplyBond, Advance Payment Bond etc. In this category also lie bonds that also have financial quantum and secure the obligations of one party to another under contract e.g. Court Bonds.
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