Letters of a good implementation of the contracts with the contractor, whether governmental or other interest. It is a pledge to pay a sum of money at 5%, for example, the value of the project or tender for good performance and safety performance of the company's enterprise,and takes effect, the letter of guarantee final until the completion ofexecution of the contract and worth of the pledged amount in theevent of default by the company contracting for the fulfillment of their obligations.
التسميات
Letters of Guarantee