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ARTICLE · 25 FEBRUARY 2015
On-Demand Guarantees Under Italian Law
Mora & Associati – Studio Legale
In mid-big size construction projects (both international and domestic), it is standard practice that the employer asks to the contractor a guarantee for the advance payment received (advance payment bond), for the proper performance of the works (usually known as performance bond) and for the warranty period after the taking over of the works (warranty bond).
ItalyReal Estate and Construction
