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Watch out this slideshare presentation shared by Bronze Wing Trading L.L.C., the Performance Bond Providers in Dubai. Here we discussed about the importance of Performance Bond in Construction Industry! If you are a contractor who requires Performance Bond Guarantee to sign new trade deals or contracts, you can contact us at any time! To submit your Performance Bond requirements, visit: https://importletterofcredit.com/performance-bond/ <br><br>For more info, <br>Email Us: support@importletterofcredit.com <br>Call Us: 971-4-55-19699<br>Phone/WhatsApp/BOTIM: 971-50-4648761
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Performance Bond Available for Contrac tors & Suppliers – Apply Now! www.importletterofcredit.com
Why to Use Performance Bond? Are you going to embark on a new project or supply contract? Then, your developer or supplier may demand you to provide a Bank Guarantee to assure your commitment in completing the tasks successfully, as agreed in the contract. Here comes the importance of Performance Bond
What is Performance Bond? Performance Bond or Performance Guarantee is the written undertaking issued by a bank to guarantee the positive completion of a project towards a developer. To issue this Bank Guarantee on your company’s behalf, the bank will demand you to block certain percentage of the bond value as cash collateral. If you’re looking to get a Bank Guarantee without blocking your cash funds, then contact us today!
Importance of Performance Bond • Using Performance Bond assures the developer that the contractor will complete the work on time without any default. • It also guarantees that in case of any default by the contractor, then the developer can claim the bond to get the compensation amount for the lose they had.
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