Examples of using Performance guarantee in English and their translations into Russian
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Official
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Colloquial
Ii Performance guarantee 149- 153.
Contract liability performance guarantee.
The performance guarantee was required under the General Conditions of the Contract.
Advantages and disadvantages of various types of performance guarantee.
The performance guarantee in the amount of US$1,177,855 was issued by the Commercial Bank of Kuwait.
Interrupted service contract:Actual costs incurred Performance guarantee.
IMP Metall was required to submit a performance guarantee to the value of 10 per cent of the contract price.
UNOPS cancelled an award to this company for failure to provide a performance guarantee.
The same contractor had failed to provide a performance guarantee bond in the amount of $1.62 million.
Clearly, the performance guarantee is greater than or equal to 1 and equal to 1 if and only if y is an optimal solution.
Accordingly, the Panel recommends no compensation for performance guarantee expenses.
Consistent performance guarantee by a quality control on each manufacturing batch with certificates available upon dispatch.
We understand that, according to the conditions of the Contract, a Performance Guarantee is required.
The risk under performance guarantee is the possibility that the insured event(i.e. the failure to perform the contractual obligation by another party) occurs.
The considerations set forth below as relevant to a performance guarantee are also relevant to a separate maintenance guarantee. .
Thus, a performance guarantee may cover not only the period during which the construction is to be effected, but also the period covered by the quality guarantee see paragraph 12, above.
In 1992, Cansult sought the agreement of the Kuwaiti Ministry of Public Works to return the performance guarantee to avoid further costs.
It further asserted that the performance guarantee was still valid for 40 per cent of its value, and that the advance payment guarantee was extended up to September 1999.
The contract value was IQD 1,227,751. National was also required to provide a performance guarantee in the amount of 5 per cent of the contract value.
Performance guarantee(Performance bond): The buyer often requires provision of performance guarantee from the supplier's bank, so that the supplier performs his contractual obligations.
By obtaining unconditional, unambiguous and non-encumbering Performance Guarantee that should remain valid till end of the one year maintenance period.
Paragraph(1) of the 2011 text also envisages the possibility of cancelling the procurement after the successful submission is accepted,but where the successful supplier fails to sign a written procurement contract or provide a mandatory contract performance guarantee see 2011 article 22(8)**hyperlink.
The company was additionally required to pay an annual concession fee and performance guarantee, and would be liable to pay penalties for non-performance.
SAF-HOLLAND Performance Guarantee SAF-HOLLAND GmbH, Hauptstraße 26, 63856 Bessenbach, hereinafter SAF-HOLLAND, provides as manufacturer with respect to its customers, irrespective of any statutory warranty claims they may have against the seller, the following manufacturer's guarantee for the durability of fifth wheel top plates and mounting brackets hereinafter.
Instead, the Kuwaiti Ministry of Public Works exercised their rights under the performance guarantee, enabling the Kuwaiti Ministry of Public Works to recover the advance payment it made to Cansult.
In addition, the contract may entitle a party to terminate the contract for specified failuresby the other party; for example, the purchaser may be entitled to terminate the contract if the contractor fails to perform his obligation to extend a performance guarantee see chapter XVII,"Security for performance", paragraph 36.
It was also noticed that UNIDO had not taken necessary caution of acquiring performance guarantee to ensure that the equipment procured was made operational in given time.
Another approach is for the invitation to tender to require that a tender is to be accompanied by a certificate from an institution qualified to be a guarantor to the effect that,if the contract were concluded with the tenderer,. the institution 189 would be prepared to give a performance guarantee of the kind required in the invitation to tender.
The Agreement required Cansult to provide a performance guarantee for the advance payment and insure the design of the project in an amount equal to 10 per cent of Cansult's consulting fees set out in the Agreement.
In relation to the MIE Consortium's claim for financial losses, the Panel finds the dates of loss to be 1 June 1992(performance guarantee) and 1 December 1991 advance payment guarantee. .