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Performance guarantee
I need a performance guarantee document for a construction project, ensuring the contractor will complete the work to the specified standards and within the agreed timeline. The guarantee should cover a period of 12 months post-completion, with a financial penalty clause for any delays or substandard work.
Find the exact document you need
Contract Performance Guarantee
A Pakistani law-governed bank guarantee securing a contractor's performance obligations, providing financial assurance to project owners through an unconditional payment commitment.
Performance Guarantee Bond
A Pakistani law-governed financial guarantee instrument where a bank ensures payment to a beneficiary if a contractor defaults on their obligations.
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