Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:financial_services_company
|
| gptkbp:alternativeTo |
Retention Money Deduction
|
| gptkbp:application |
Contractor
|
| gptkbp:award |
Usually a percentage of contract value
|
| gptkbp:benefit |
Employer
|
| gptkbp:calledUpon |
In case of contractor default
|
| gptkbp:commonIn |
International Construction Projects
|
| gptkbp:governedBy |
Contract Terms
|
| https://www.w3.org/2000/01/rdf-schema#label |
Retention Money Guarantee
|
| gptkbp:issuedBy |
gptkb:bank
gptkb:financial_services_company |
| gptkbp:purpose |
To assure performance and completion of contractual obligations
|
| gptkbp:type |
gptkb:Bank_Guarantee
|
| gptkbp:usedIn |
Construction Contracts
|
| gptkbp:validOn |
Until Defects Liability Period
|
| gptkbp:bfsParent |
gptkb:Standby_Letter_of_Credit
|
| gptkbp:bfsLayer |
6
|