Tender Bid Bond (1%) and Performance Bank Guarantee (10%) release process

Course Title: Tender Bid Bond and Performance Bank Guarantee Release Process

Outline:

1. Introduction to Financial Securities in Tendering

2. Role and Purpose of Bid Bonds

3. Bid Bond Submission and Release Process

4. Performance Bank Guarantee: Issuance and Purpose

5. Steps in PBG Release Process

6. Legal and Financial Considerations

7. Documentation for Release

8. Common Issues and Disputes

9. Case Studies and Practical Examples

10. Summary and Best Practices