Where the provision of a first demand guarantee or a personal and joint surety is required, the time limit for payment of the advance may not run before receipt of this guarantee or surety.
Home | French Legislation Articles | French Public procurement code | Regulatory part | PART TWO: PUBLIC PROCUREMENT | Book I: GENERAL PROVISIONS | Title IX: PERFORMANCE OF THE CONTRACT | Chapter II: INVOICING AND PAYMENT TERMS and CONDITIONS | Section 2: Payment terms | Subsection 2: Triggering the payment period | Paragraph 5: Provisions specific to advances, guarantees and termination indemnities | Article R2192-25 of the French Public procurement code
Where the provision of a first demand guarantee or a personal and joint surety is required, the time limit for payment of the advance may not run before receipt of this guarantee or surety.
Lorsque la constitution d’une garantie à première demande ou d’une caution personnelle et solidaire est exigée, le délai de paiement de l’avance ne peut courir avant la réception de cette garantie ou de cette caution.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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