Quote:
| Originally Posted by moscowmail Does anyone know of an insurance or bank that can issue a Bid bond without having to block the amount, the bid bond should be for approx $1.4 million for a period of 120 days
Also, it is for a contract with the Dubai municipality and they are asking for an unconditional bid bond guarantee, is this normal?
I have only dealt with performance and advance payment guarantees in the past
L |
Best you have this dialogue with someone who can write bonds in Dubai. This is not anything we can help you with.