Ministry Of Finance Circulars and Economy 1/2014 Ministry of Finance Circular No. 1/2014 dated 20 March 2014
The Performance Bond rates are as follow:
For Term contracts and construction project
| Contract value B$1,000,000.00 and below is exempted from paying perfomance bond | Contract value between B$1,000,001.00 until B$5,000,000.00, is not more than 3% | Contract value above B$5,000,000.00, is not more than 5% |
For Supply of goods | Contract value B$1,000,000.00 and below is exempted from paying perfomance bond | Contract value between B$1,000,001.00 until B$3,000,000.00, is not more than 2% | Contract value above B$3,000,000.00, is not more than 3%
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The circular letter can be downloaded here
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