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bank guarantee articles

5 articles

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

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.…

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…

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…

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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