0

Subjects>Law & Government>United States Government

What is defference between performance bank guarantee and retention bond?

Anonymous

∙ 11y ago

Updated: 11/9/2022

A retention bond refers to a percent of contract value retained until work is finished. The performance bank guarantee is used to secure completion of conditions in the contract.

Wiki User

∙ 11y ago

What else can I help you with?

Related Questions

What is the difference between performance bond and performance bank guarantee?

The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.

What is the defference between french and England?

rgajkhrgeghadfghiufhufhusdghhuauuiadfhdfahadhdafhiehifdhfaafhadfgadfgfdaughdfahgadughshshshshshhshhdhhdjjdfjkiasdfjsdnf

What is the defference between opacity and optical density?

NO!

WHAT IS THE DEFFERENCE BETWEEN 5897 AND 8036?

2139

What is the difference between security deposit and performance guarantee?

Security Deposit is the amount kept by the customer towards the guarantee against completion of a contract.;where as performance guarantee is the guarantee given by the contractor towards performance quality of the executed job/supplied product.Thus requirement of security deposit ends with complete execution of the contract whereas Performance guarantee holds till the period of warranty/defectliabilityis over.

What is the difference between fill in and fill out?

Defference between fill in & fill out

What is the difference between onyx and jade?

wate is defference between jade and jasper

What is the defference between envolved and involved?

Envolve is not an English word.

What is the difference between Avatar the Last Airbender and avatar the legend of Aang?

There is no defference between the two...

What is the difference between a normal and a participating preference share?

what is defference between normal and preference shares

What is the defference between homoeopathic materia medica and modern pharmoeology?

Scientific Evidence.

What is the defference between adsl and dialup technology?

Dialup is slow, ADSL is fast

Trending Questions

What is better high school or no high school? Is lieutenant governor part of the legislative branch? Who is the prestident of the US? When did James Monroe invent the veriovine? Describe your approach to training teaching and how do you make sure every trainee really learns? What makes planes Hoover? How did Franklin D Roosevelt generate ideas for projects and plans? Where is the smallest army post in US? What type of investment charged a penalty if withdrawing money early from this type of bank account? What does the military rank GS-12 stand for? How many senators are elected from each legislative district? What president did the electoral college unanimously select? How old are Martha maccallums children? Who is excited about the 44th Presidential Inauguration? Can the US Supreme Court invoke the death penalty? Can you make dog tag silencers hard using a lighter? What level of government issues social security cards? How do you spell tombone? What was one of Franklin Pierce's quotes? Can someone get in trouble for cashing a check received from an unknown source?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.