teminat tahvilleri

Turkish - English

Definition of teminat tahvilleri in Turkish English dictionary

(Ticaret) bid bonds

A bid bond guarantees that the bidder (principal) will actually enter into the contract at the bid price stated and will provide the required performance and payment bonds to the owner (obligee) To Surety Products page To list of terms above

Provided to an owner of a project promising that the contractor bidding will enter into a contract and furnish the necessary contract bonds if the bid is accepted

Bonds which guarantee that a contractor will enter into a contract at the amount bid and post the appropriate performance bonds These bonds are used by owners to pre-qualify contractors submitting proposals on contracts These bonds provide financial assurance that the bid has been submitted in good faith and that the contractor will enter into a contract at the bid price

Hyphenation

te·mi·nat tah·vil·le·ri