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.