Common use of Performance Guaranty/ Security Clause in Contracts

Performance Guaranty/ Security. After signing of contract, the successful bidder shall furnish the Performance Guaranty/Security in the shape of Call Deposit (CDR) / Bank Guarantee in the name of Medical Superintendent THQ Hospital Bhalwal equivalent to 5% of the total Contract amount from any of the scheduled bank of Pakistan in accordance with the conditions of the tender inquiry.

Appears in 4 contracts

Samples: eproc.punjab.gov.pk, eproc.punjab.gov.pk, eproc.punjab.gov.pk

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