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Performance guarantee
I need a performance guarantee document for a construction project, ensuring the contractor completes the work to the specified standards and within the agreed timeline. The guarantee should cover potential defects for a period of 12 months post-completion and include a clause for financial compensation in case of non-compliance.
Find the exact document you need
Financial Performance Guarantee
A New Zealand-governed guarantee agreement where a guarantor ensures the financial or performance obligations of a principal debtor to a beneficiary.
Contract Performance Guarantee
A New Zealand law-governed guarantee document where a guarantor commits to compensate a beneficiary if a contractor fails to meet their contractual obligations.
Bank Guarantee Performance Bond
A New Zealand law-governed financial instrument issued by a bank to guarantee a contractor's performance obligations, providing security to the principal through an unconditional payment undertaking.
Performance Guarantee Bond
A New Zealand law-governed financial instrument where a guarantor guarantees the performance obligations of a principal to a beneficiary, providing security for commercial and project-based transactions.
Performance Bank Guarantee
A New Zealand law-governed bank guarantee ensuring contractual performance obligations, where a bank guarantees payment to a beneficiary if a principal party defaults on their obligations.
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