Performance Security

Optimize your participation in public procurement contracts

Your bidding contract for a public market is guaranteed through the issuance of a Performance Security to the administration concerned:

 

  • The administration of the public market   for which you are the successful bidder is insured against the risk of withdrawal from  the deal during its realization
  • The amount of the performance security ranges from 3 to 5% of the initial amount of the procurement contract
  • The security bond process by your BANK OF AFRICA partner may spread out over time
  • Its validity  remains up until the final delivery of the project to the Administration when the work is accomplished

With BANK OF AFRICA, benefit from your performance securities easily.