(1) The final bond shall be put up within 20 (twenty) calendar days following contract notification and, in any case, before the first payment.
(2) The validity period of the final bond shall cover the period from contract execution until provisional acceptance;
(3) The validity period of the performance bond shall cover the warranty or maintenance period indicated in the contract until final acceptance;
(4) The terms and date for refund of bonds shall be set out in the general conditions of contract, subject to provisions otherwise that may be laid down in the special conditions of contract.
Official text
Transcription: Spot-checked
In force from 12-06-2018
Source page 26
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Section 91 of the Decree No. 2018/355 on common rules applicable to contracts by public corporations/akn/cm/act/decret/2018-06-12/2018-355
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