Common use of PERFORMANCE BANK GUARANTEE Clause in Contracts

PERFORMANCE BANK GUARANTEE. The bidder will submit a Performance Bank guarantee of 10% of the Contract Price within 30 working days of issuance of Purcahse order / Work order of the Contract. The Performance Bank Guarantee shall be valid up to 66 months from the date of signing of the Contract.

PERFORMANCE BANK GUARANTEE. The bidder will submit a Performance Bank performance bank guarantee of 10% of the Contract Price within 30 working days of issuance of Purcahse order / Work order of the Contractpurchase order/ work order. The Performance Bank Guarantee shall will be valid up to 66 months from the date of signing of the Contract.