Common use of Performance Guarantee Clause in Contracts

Performance Guarantee. The successful bidder shall furnish performance security 05% of total estimated L.P budget in addition to bid security already deposited by the firm. The performance security shall be deposited in the shape of cash deposit receipt.

Appears in 13 contracts

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

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Performance Guarantee. The successful bidder shall furnish performance security 05% of total estimated L.P budget in addition to bid security already deposited by the firm. The performance security shall be deposited in the shape of cash deposit receipt, Bank Guarantee, Demand Draft valid for at least two years.

Appears in 3 contracts

Samples: Bidding Document, Bidding Document, Bidding Document

Performance Guarantee. The successful bidder shall furnish performance security 052% of total estimated L.P budget in addition to bid security already deposited by the firm. The performance security shall be deposited in the shape of cash deposit receipt.

Appears in 3 contracts

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

Performance Guarantee. The successful bidder shall furnish performance security 05% of total estimated L.P budget in addition to bid security already deposited by amount of the firmitems won. The performance security shall be deposited in the shape of cash deposit receipt.

Appears in 2 contracts

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

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Performance Guarantee. The successful bidder shall furnish performance security 05% of total estimated L.P budget in addition to bid security already deposited by the firmAmount of Contract. The performance security shall be deposited in the shape of cash deposit receipt/Bank Guarantee from any scheduled bank.

Appears in 2 contracts

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

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