Performance and Guarantee Bonds

These instruments appear to be causing consternation in some parts of the third and voluntary sector. We understand that apparently one CVS attempted to challenge the inclusion of the requirement for a Performance Bond in the tendering process. We have received a number of queries as to what these instruments are and how they work. The attached document sets out what these Bonds are, why they are used, what they mean for providers and recommended actions for providers tendering for public sector contracts.

Related Documents For Download

Added Fri, 23/01/2009 - 16:05