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Performance guarantee
"I need a performance guarantee for a commercial project valued at $500,000, ensuring completion within 12 months. The guarantee should cover 10% of the contract value, valid for 18 months."
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Payment And Performance Guarantee
A Saudi Arabian law-governed guarantee document securing both payment obligations and performance commitments of a contractor to a project owner.
Contract Performance Guarantee
A Saudi law-compliant bank guarantee ensuring contractor performance under a contract, providing financial security to the project owner under SAMA regulations.
Performance Guarantee Bond
A Saudi Arabian law-governed financial instrument where a bank guarantees a contractor's performance obligations, providing security to the beneficiary under Sharia-compliant terms.
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