Performance Security/ Performance Guarantee definition
Performance Security/ Performance Guarantee means monetary amount or financial guarantee to be furnished by the successful bidder for due performance of the contract placed on it. Performance Security is also known as Security Deposit.
Performance Security/ Performance Guarantee means the amount to be paid by the successful bidder as per relevant clause mentioned in the tender document.
Performance Security/ Performance Guarantee means the amount to be paid by the Successful Tenderer as per relevant clause mentioned in this document.