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About the contractor’s request to increase the amount allocated to finance the contract

A few words about keeping the bid bond

A bid bond is an institution that derives from the provisions of the Civil Code. The awarding entities are entitled to demand a deposit in order to secure the offer submitted by contractors. The tender guarantee is nothing more than a sum...

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About the contractor’s request to increase the amount allocated to finance the contract

Contractual penalties and proper performance of works

Charging contractual penalties during the implementation of specific, in particular long-term projects, is a certain standard. For example, contractors, when submitting a bid in a public procurement procedure, often even include the...

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About the contractor’s request to increase the amount allocated to finance the contract

A few words about the references

As a condition of participation in the procedure, awarding entities very often require participation in the procedure in the form of experience in performing specific construction works, supplies or services. The article was written in...

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