The substitute guarantee is constituted for the total amount of the contract, including modifications during performance.
The amount of the substitute guarantee may not exceed that of the retention guarantee which it replaces.
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 I: FINANCIAL IMPLEMENTATION | Section 4: Guarantees | Subsection 2: First demand guarantee and personal and joint surety | Article R2191-38 of the French Public procurement code
The substitute guarantee is constituted for the total amount of the contract, including modifications during performance.
The amount of the substitute guarantee may not exceed that of the retention guarantee which it replaces.
La garantie de substitution est constituée pour le montant total du marché y compris les modifications en cours d’exécution.
Le montant de la garantie de substitution ne peut être supérieur à celui de la retenue de garantie qu’elle remplace.
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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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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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