This article deals with the risks for companies that are required to provide on-demand bonds in support of contracts in the international market and offers some suggestions on how to mitigate those risks. It is written by ContractStore’s founder, Giles Dixon and Georg Goesswein, a German lawyer.
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On Demand Performance Bonds & Adjudication as a Means of Reducing the Risks – Free Document was last modified: November 30th, 2017 by ContractStore
Who can use this Bidding/Teaming Agreement? Any two parties who are bidding for a contract together can use this Bidding Agreement/Teaming Agreement. What is this contract for? This Bidding Agreement (Teaming Agreement in the USA)…