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Sourcing of Advanced Payment Bonds
An Advance Payment Bond is a guarantee, supplied by the Contractor or Sub-Contractor receiving an advance payment from the Employer advancing the payment. It provides that the advanced sum will be returned if the agreement under which the advance was made cannot be fulfilled. They can also be called Advance Payment Guarantees.
Please feel free to contact us on 0151 931 5599 if you need more details!
An Advance Payment Bond is a guarantee, supplied by the Contractor or Sub-Contractor receiving an advance payment from the Employer advancing the payment. It provides that the advanced sum will be returned if the agreement under which the advance was made cannot be fulfilled. They can also be called Advance Payment Guarantees.
Please feel free to contact us on 0151 931 5599 if you need more details!
For more information on Sourcing of Advanced Payment Bonds talk to Nationwide Sureties
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