Return of the Performance Bond and the Additional Performance Bond (Goods Procurements)

Once it has been established that the undertaking has been performed in accordance with the terms of the contract and the tender documents and that the contractor has no debt to the contracting authority arising from the work, half is returned where the subject of the contract is a procurement of goods bought and sold ready-made on the market and a guarantee period is provided, the remainder after the guarantee period has expired, and the whole where no guarantee period is provided.