Article R2391-21 of the French Public procurement code
The provisions of article R. 2191-32 apply.
The provisions of article R. 2191-32 apply.
The amount of the retention may not exceed 10% of the initial amount plus, where applicable, the amount of any amendments to the contract during its performance.
The retention of guarantee is deducted in instalments from the payments on account, the final partial payments and the balance.In the event that the amount of the sums owed to the contractor does not allow the retention of guarantee to be deducted, the contractor is required to provide a guarantee on first demand in accordance with the procedures set out in sub-section 2.The purchaser may decide not to apply the…
The provisions of article R. 2191-35 apply.
The provisions of articles R. 2191-36 to R. 2191-42 apply.
The contract may provide for guarantees other than those provided for in sub-section 1 for the performance of a particular commitment.
In the event of the termination of a contract which has not provided for a retention of guarantee, where a period is granted to the contractor under the conditions laid down in article R. 2391-20-2 to repay to the purchaser 80% of the amount of any credit balance appearing in the purchaser’s favour, the purchaser may require the contractor to provide, at his discretion, either a first demand guarantee or…
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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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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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