Performance bond (Art Sample Clauses

Performance bond (Art. 25 to 33) For this procurement contract no performance bond is required.
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Performance bond (Art. 25 to 33) At the level of the framework contracts no performance bond is required. At the level of the Order Forms implementing the framework contracts, a performance bond is only required in- case the value of the Order Form exceeds 50,000 Euros and the implementation period exceeds 45 calendar days. The latter is not foreseen under the Framework Contracts.
Performance bond (Art. 25 to 33) The performance bond is set at 10% of the total value, excluding VAT, of procurement. The value thus obtained is rounded up to the nearest 10 euros. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions, or by an insurance company meeting the requirements of the law on control of insurance companies and approved for branch 15 (bonds). This derogation is founded on the idea of providing possible local tenderers with an opportunity to submit a tender. The contractor must, within 30 calendar days from the day of contract conclusion, furnish proof that he or a third party has posted the bond in one of the ways set out below: 1° in the case of cash, by transfer of the amount to the bpost bank account number of the Deposit and Consignment Office. Complete the following form as well as possible: xxxxx://xxxxxxxx.xxxxxxx.xx/sites/default/files/01_marche_public.pdf (PDF, 1.34 Mo), and forward it by e-mail to xxxx.xxxxxx@xxxxxx.xxx.xx 2° in the case of public funds, by depositing such funds, for the account of the Deposit and Consignment Office, with the State Cashier at the head office of the National Bank in Brussels or at one of its provincial agencies or with a public institution with an equivalent function 3° in the case of a joint surety, by deposit via an institution that lawfully carries out this activity of a deed of joint surety with the Deposit and Consignment Office or with a public institution with an equivalent function 4° in the case of a guaranty, by the deed of undertaking of the credit institution or the insurance company. Proof is provided, as appropriate, by submission to the contracting authority of: 1° the deposit receipt of the Deposit and Consignment Office or of a public institution with an equivalent function or 2° a debit notice issued by the credit institution or the insurance company or 3° the deposit certificate issued by the State Cashier or public institution with an equivalentfunction or 4° the original copy of the deed of joint surety stamped by the Depot and Consignment Office or by a public institution with an equivalent function or 5° the original copy of the deed of undertaking issued by the credit institution or the ins...
Performance bond (Art. 25 to 33) For this procurement contract a performance bond is required, only in case the contract value per lot exceeds 50 000 EUR. For each of the lots, the performance bond is set at 5% of the total value, excluding VAT, of procurement. The value thus obtained is rounded up to the nearest 10 euros. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions. By way of derogation from Article 26 the performance bond may be posted through an establishment that has its registered office in one of the countries of destination of the services. The contracting authority reserves the right to accept or refuse the posting of the bond through that institution. The tenderer mentions the name and address of this institution in the tender. This derogation is founded on the idea of providing possible local tenderers with an opportunity to submit a tender. The contractor must, within 30 calendar days from the day of contract conclusion, furnish proof that he or a third party has posted the bond in one of the ways set out below: 1° in the case of cash, by transfer of the amount to the bpost bank account number of the Deposit and Consignment Office. Complete the following form as well as possible: xxxxx://xxxxxxxx.xxxxxxx.xx/sites/default/files/01_marche_public.pdf (PDF, 1.34 Mo), and forward it by e-mail to xxxx.xxxxxx@xxxxxx.xxx.xx 2° in the case of public funds, by depositing such funds, for the account of the Deposit and Consignment Office, with the State Cashier at the head office of the National Bank in Brussels or at one of its provincial agencies or with a public institution with an equivalent function 3° in the case of a joint surety, by deposit via an institution that lawfully carries out this activity of a deed of joint surety with the Deposit and Consignment Office or with a public institution with an equivalent function 4° in the case of a guaranty, by the deed of undertaking of the credit institution. Proof is provided, as appropriate, by submission to the contracting authority of: 1° the deposit receipt of the Deposit and Consignment Office or of a public institution with an equivalent function or 2° a debit notice issued by the credit institution 3° the deposit ...
Performance bond (Art. 25 to 33) The performance bond is posted per procurement contract concluded following the modalities below. The performance bond is set at 5 % of the total value, excluding VAT, of the procurement contract. The value thus obtained is rounded up to the nearest 10 euros. No performance bond is required if the performance period of the procurement contract concluded does not exceed 45 calendar days or if the value of the procurement contract concluded is below 50,000 €. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions, or by an insurance company meeting the requirements of the law on control of insurance companies and approved for branch 15 (bonds). The contractor must, within 30 calendar days from the day of procurement contract conclusion, furnish proof that he or a third party has posted the bond in one of the ways set out below: 1° in the case of cash, by transfer of the amount to the account number of the Deposit and Consignment Office (more information (in French or Dutch) via this link xxxxx://xxxxxxxx.xxxxxxx.xx/fr/march%C3%A9-public#q1) or a public institution with a function equivalent to that of said Office, hereafter referred to as public institution with an equivalent function 2° in the case of public funds, by depositing such funds, for the account of the Deposit and Consignment Office, with the State Cashier at the head office of the National Bank in Brussels or at one of its provincial agencies or with a public institution with an equivalent function 3° in the case of a joint surety, by deposit via an institution that lawfully carries out this activity of a deed of joint surety with the Deposit and Consignment Office or with a public institution with an equivalent function 4° in the case of a guaranty, by the deed of undertaking of the credit institution or the insurance company. This proof must be provided as applicable by submission to the contracting authority of:
Performance bond (Art. 25 to 33) For this procurement, a performance bond is not required.
Performance bond (Art. 25 to 33) The performance bond is set at 10% of the total value, excluding VAT, of the procurement contract. The value thus obtained is rounded up to the nearest 10 euros. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions, or by an insurance company meeting the requirements of the law on control of insurance companies and approved for branch 15 (bonds). As a derogation from Article 26, the performance bond may be posted through an establishment that has its registered office in one of the countries of destination of the services. The contracting authority maintains the right to accept or refuse the posting of the bond through that institution. The tenderer shall mention the name and address of this institution in the tender. This derogation is founded on the idea of providing possible local tenderers with an opportunity to submit a tender. This measure is made essential by the specific requirements of the contract. The contractor must, within 30 calendar days from the day of procurement contract conclusion, furnish proof that he or a third party has posted the bond in one of the ways set out below:
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Performance bond (Art. 25 to 33) At the level of the framework contracts no performance bond is required. At the level of the Order Forms implementing the framework contracts, a performance bond is only required in- case the value of the Order Form exceeds 50,000 Euros and the implementation period exceeds 45 calendar days. The latter is not foreseen under the Framework Contracts. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions.
Performance bond (Art. 25 to 33) The performance bond is posted per public contract concluded following the modalities below. The performance bond is set at 5% of the total value, excluding VAT, of the contract. The amount thus obtained is rounded up to the nearest 10 euros. No performance bond is required if the performance period of the public contract concluded does not exceed 45 calendar days or if the value of the public contract concluded is below 50,000€. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions, or by an insurance company meeting the requirements of the law on control of insurance companies and approved for branch 15 (bonds). The contractor must, within 30 calendar days from the day of contract conclusion, furnish proof that it or a third party has posted the bond in one of the ways set out below: 1° in the case of cash, by transfer of the amount to the bpost account number of the Deposit and Consignment Office [XX00 0000 0000 0000 (IBAN), XXXXXXXX (BIC)] or a public institution with a function equivalent to that of said Office, hereafter referred to as a public institution with an equivalent function; 2° in the case of public funds, by depositing such funds, for the account of the Deposit and Consignment Office, with the State Cashier at the head office of the National Bank in Brussels or at one of its provincial agencies or with a public institution with an equivalent function;
Performance bond (Art. 25 to 33) The performance bond is posted per subsequent public contract concluded following the modalities below. The performance bond is set at 5% of the total value, excluding VAT, of subsequent procurement. The value thus obtained is rounded up to the nearest 10 euros. No performance bond is required if the performance period of the contract concluded does not exceed 45 calendar days or if the value of the contract concluded is below EUR 50 000, excluding VAT. In accordance with the legal and regulatory provisions, the performance bond may be constituted either of cash or of public funds or may take the form of a joint performance bond. The performance bond may also take the form of a surety bond issued by a credit institution meeting the requirements of the law on the statute and control of credit institutions, or by an insurance company meeting the requirements of the law on control of insurance companies and approved for branch 15 (bonds). By way of derogation from Article 26 the performance bond may be posted through an establishment that has its registered office in one of the countries of destination of the services. The contracting authority reserves the right to accept or refuse the posting of the bond through that institution. The tenderer mentions the name and address of this institution in the tender. This derogation is founded on the idea of providing possible local tenderers with an opportunity to submit a tender. This measure is made essential by the specific requirements of the contract. The contractor must, within 30 calendar days from the day of contract conclusion, furnish proof that he or a third party has posted the bond in one of the ways set out below: 1° in the case of cash, by transfer of the amount to the bpost bank account number of the Deposit and Consignment Office Fill out the following form as completely as possible:xxxxx://xxxxxxxx.xxxxxxx.xx/sites/default/files/01_marche_public.pdf (PDF,
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