What does the project guarantee mean?

What is the specific concept of construction project guarantee?

Construction project guarantee includes bidder's bid guarantee, contractor's performance guarantee and owner's payment guarantee. The specific provisions of the construction project guarantee are as follows:

(1) Generally, the amount of the bidder's bid bond shall not exceed 2% of the total bid price, and the maximum amount shall not exceed 800,000 yuan. The validity period of bid bond is generally not less than 28 days after the deadline of bid validity;

(2) The contractor's performance guarantee adopts difference guarantee, that is, the amount of performance guarantee shall not be lower than the difference between the bid price and the pre-tender estimate (the highest bid price limit shall be adopted when there is no pre-tender estimate) and shall not be lower than 65,438+00% of the bid price; For the project subject to tender by the lowest bid price method and the lowest bid evaluation price method of 65,438+0-A, 65,438+0-B or the second average method, the amount of performance guarantee shall not be less than 65,438+05% of the bid price. The validity period of the contractor's performance bond is from 30 days to 180 days after the completion and acceptance of the contracted project, that is, the number of days of construction agreed by the project plus 30 days to 180 days;

(3) After the contractor's performance guarantee adopts the difference guarantee, the guarantee amount paid by the owner shall not be adjusted, that is, the lowest price method and the lowest bid evaluation price 1-A method, 1-B method or the second average legal target project are adopted, and the guarantee amount paid is15% of the bid price; After drawing lots and comprehensive evaluation, the amount of guarantee paid is 10% of the bid price. The validity period of the Owner's payment guarantee is 30 days to 180 days from the date when the Owner pays all the project settlement money except the project quality deposit as agreed in the contract;

(4) Whether to provide performance guarantee and payment guarantee for construction projects with a contract price of less than 2 million yuan shall be decided by both parties through consultation. If a party to a contract requires the other party to provide a guarantee, it must also provide the other party with a corresponding guarantee;

(5) The project guarantee must be an irrevocable letter of guarantee issued by banks and professional guarantee companies. During the validity period of the project guarantee, both parties to the contract shall not revoke the guarantee;

(6) The tenderer shall submit the original payment guarantee of the owner and the original performance guarantee of the contractor to the construction project trading service center for unified custody and supervision of its performance, and apply to the competent department for a construction permit with the original guarantee issued by the construction project trading service center; When submitting the letter of guarantee, the original bidding documents and the original construction contract of the construction project should be submitted at the same time, and the staff of the trading service center will return them after inspection; The format of the letter of guarantee shall be a public demonstration text;

(7) After the warrantee has fulfilled the contractual obligations guaranteed in the corresponding letter of guarantee, it can only rely on relevant certification materials (the contractor's payment certificate issued by the owner and other materials; The contractor shall collect the original letter of guarantee from the construction project trading service center and go through the formalities of returning the letter of guarantee with the project completion acceptance documents;

(8) In case of a letter of guarantee claim during the construction period, the claimant shall return the original letter of guarantee to the construction project trading service center with a copy of the relevant claim documents in accordance with the relevant provisions of the Measures for the Implementation of Shenzhen Construction Project Guarantee, and then claim compensation from the corresponding guarantor with the original letter of guarantee;

(9) The above provisions also apply to directly contracted projects.

What does the project guarantee include?

The project guarantee system originated in the field of public construction investment in the United States and has a history of 100 years. The implementation of this system ensures the rapid and healthy development of the construction industry. FIDIC has included it in the construction contract conditions, and the international trade organization and many countries * * * documents have made specific provisions on project guarantee. Project guarantee has become an international practice generally accepted and applied by the world construction industry. The project guarantee system is a risk management mechanism to maintain the order of the construction market, ensure that all parties involved in the project keep their promises and perform their duties, and realize openness, justice and fairness. According to FIDIC Clause, the sources of project guarantee are professional guarantee companies and banks. In the United States, because banks have no professional background, project guarantees are generally not provided by banks. Engineering guarantee includes 16 form, which has four main applications: 1. Bid security. Mainly used to screen voters. There is no qualification examination of construction enterprises abroad, and market access control is completed by ensuring the guarantor's strict qualification examination of bidders. The bid guarantee shall ensure that qualified bidders vote and the winning bidder signs the contract, and provide the performance and advance payment guarantee required by the owner. 2. Performance guarantee. The owner is assured that the contractor will perform all the terms of the contract. Once the contractor breaches the contract, the guarantor shall perform the contract or make compensation. 3. Advance payment guarantee. It ensures that the wages of workers and the expenses of subcontractors and suppliers related to the project will be paid by the contractor on time according to the progress of the project. 4. The owner pays the guarantee. It strictly examines the credit status of the owner and implements various counter-guarantee measures to ensure the timely payment of the project cost. Once the owner defaults, the guarantor will perform the contract on his behalf. See the case: people/GB/paper464/1528/248107.

What is the project guarantee system?

The project guarantee system originated in the field of public construction investment in the United States and has a history of 100 years. The implementation of this system ensures the rapid and healthy development of the construction industry. FIDIC has included it in the construction contract conditions, and the international trade organization and many countries * * * documents have made specific provisions on project guarantee. Project guarantee has become an international practice generally accepted and applied by the world construction industry.

The project guarantee system is a risk management mechanism to maintain the order of the construction market, ensure that all parties involved in the project keep their promises and perform their duties, and realize openness, justice and fairness. According to FIDIC Clause, the sources of project guarantee are professional guarantee companies and banks. In the United States, because banks have no professional background, project guarantees are generally not provided by banks. Engineering guarantee includes 16 form, which has four main applications:

1. Bid security. Mainly used to screen voters. There is no qualification examination of construction enterprises abroad, and market access control is completed by ensuring the guarantor's strict qualification examination of bidders. The bid guarantee shall ensure that qualified bidders vote and the winning bidder signs the contract, and provide the performance and advance payment guarantee required by the owner.

2. Performance guarantee. The owner is assured that the contractor will perform all the terms of the contract. Once the contractor breaches the contract, the guarantor shall perform the contract or make compensation.

3. Advance payment guarantee. It ensures that the wages of workers and the expenses of subcontractors and suppliers related to the project will be paid by the contractor on time according to the progress of the project.

4. The owner pays the guarantee. It strictly examines the credit status of the owner and implements various counter-guarantee measures to ensure the timely payment of the project cost. Once the owner defaults, the guarantor will perform the contract on his behalf.

See the case: people/GB/paper464/1528/248107.

How much is the guarantee fee in the construction project?

Various risks will be encountered in the construction, and the third-party company is required to bear certain risks to minimize the losses. Third-party companies charge fees, so they are called guarantee fees.

What's the difference between project guarantee and project insurance?

Hello! I am China Ping An Insurance Commissioner. Project guarantee is to ensure the project, and project insurance is to ensure the personal safety during the construction of this project!

Introduction of engineering guarantee

Project guarantee includes project bidding guarantee, performance guarantee certificate, performance guarantee, advance payment guarantee and payment guarantee.

What does the advance payment guarantee mean?

Project prepayment guarantee: also known as project repayment guarantee, refers to the guarantee for the project owner (beneficiary). If the applicant fails to perform the contract or fails to use the project advance payment in full as stipulated in the contract, the owner can provide relevant evidence at this time and lodge a claim with the bank, which is obliged to pay as needed. Advance payment guarantee refers to a way for banks to provide guarantees to contractors. After the bank issued the advance payment guarantee meeting the business requirements, the contractor received the advance payment, but failed to deliver the goods or carry out the construction on time according to the contract terms. If the owner provides relevant evidence at this time, he can file a claim with the bank, and the bank is obliged to pay as needed. The contractor can open a balance guarantee in the bank by himself, depending on the contractor's credit status in the bank. The proportion of deposits with good credit is relatively low, and the proportion of deposits with bad credit is relatively high, even full deposits.

What is the project warranty guarantee in the field of building engineering? Do you mean the quality guarantee?

Warranty guarantee, also known as quality guarantee, is a form of guarantee that the contractor is responsible for the maintenance of construction quality defects during the project warranty period. If the contractor refuses to deal with the construction quality problem, the guarantee company providing the guarantee is responsible for maintenance or compensation. The warranty period shall be consistent with the national statutory warranty period and the warranty period agreed in the contract.

What is the purpose of solving the project guarantee? What's the use?

In the engineering contract, only when both the contractor and the owner join the guarantor to ensure the performance of the contract can the contractor or the owner be guaranteed. Common engineering guarantees include:

(1) Performance guarantee: the guarantor guarantees the contractor to fully perform the contract. If the contractor fails to perform the contract, the owner may require the guarantor to undertake the guarantee responsibility within the guarantee amount.

(2) The owner pays the guarantee. If the owner breaches the contract, the contractor may require the guarantor to assume the guarantee responsibility within the guarantee amount according to the conditions stipulated in the owner's payment guarantee.

(3) Advance payment guarantee: the owner advances a certain amount of project funds for the contractor's turnover. In order to ensure that the contractor will use these funds for the project construction and the owner's capital safety, the guarantor will provide a guarantee for the contractor to the owner.