Clearance Certificate

The certificate obtained from the Social Security Institution, once it has been established that the undertaking has been performed in accordance with the terms of the contract and the specifications and that the contractor has no debt to the contracting authority arising from the work, that enables half of the performance bond and any additional performance bond to be returned to the contractor where a guarantee period is provided for the work, the remainder at the end of that period, and the whole of it where no guarantee period is provided.