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bank guarantee articles

5 articles

Excavator working on a heavy construction site at dusk
Saurav Agarwal
Finance & Money

Bank Guarantee Invocation: What Happens When the Buyer Calls It In

The buyer writes to your bank, not to you. By the time you hear about it the money…

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Retention money held in a construction contract and steps for contractors to recover it after completing work
Saurav Agarwal
Finance & Money

Retention Money in Construction Contracts: Getting It Back

A slice of every bill you raise is held back and released long after the work is done.…

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Surety bond vs bank guarantee for tender security
Rishabh Jain
Insurance & Risk

Surety Bond vs Bank Guarantee for Tender Security

An insurer can now issue the security a tender asks for. What a surety bond is under the…

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Construction equipment being mobilised to a project site using a heavy-duty trailer
Saurav Agarwal
Business & Growth

Mobilisation Advance: What It Really Costs to Take One

A mobilisation advance is not free money. It is a secured loan from your client, recovered from bills…

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Solvency certificate displayed on a desk for a construction tender and contractor financial qualification.
Saurav Agarwal
Rental & Business

Solvency Certificate for a Tender: What It Is and How to Get One

Tenders ask for a solvency certificate to prove you can fund the work. Here is what your bank…

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Recently updated
Tender evaluation showing L1, L2 and L3 bidders and award process

L1 Bidder, L2 and L3: How a Tender Is Actually Awarded

Laptop displaying the GeM Portal registration page with construction equipment at a project site for contractor registration.

GeM Portal Registration for Contractors: Hiring Machines Out to Government Buyers

Construction professional reviewing tender documents at a project site with heavy equipment in the background, representing government construction tender bidding in India.

How to Bid for Government Construction Tenders as a Machine Owner

Contractor reviewing a performance bank guarantee document for a construction contract

Performance Bank Guarantee: What It Costs a Contractor

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