Video from my You tube channel

Subscribe to My You tube channel

performance security

Performance security is a guaranty by a contractor to the employer to satisfactorily complete the project. the contractor must submit the performance security with 28 days of receiving a letter of acceptance. the amount of performance security will be stated in the tender appendix.







The performance security shall be valid until the project completed and remedies of any defects done. if the performance security has an expiry date and the work didn't complete the contractor shall extend the validity of performance security until the work and remedies of defect completed.
 The employer shall return the performance security within 21 days of producing the performance certificate.








Comments

Popular posts from this blog

Field density test-sand cone method

Example 1: Design of one-way slab

Determinate and indeterminate structure

Zero force member for truss

Pile cap

Flakiness Index and Elongation Index of Coarse Aggregates

Prime coat

Tributary area(Loading)

Punching shear

Working piles (cast in situ piles)