Financial accommodation for eligible contractors and suppliers executing construction, civil works, and other accepted public-development work orders.
Facilities may be structured as bid-related guarantees or funded limits for executing an awarded work order.
A guarantee or undertaking issued for eligible contractors participating in tenders. It is adjusted through return of the original instrument or guarantee.
Following acceptance of a bid, the Bank may provide a performance guarantee or performance security to the awarding authority for completion of the work under the tender terms.
A guarantee enabling an eligible client to receive an advance against awarded work, including costs such as machinery rental and procurement of raw materials.
A justified funded limit for executing an accepted work order, repaid from bills receivable from the awarding authority or another source acceptable to the Bank.
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