Security Deposit

• Release of Security Deposit/ Bank Guarantee to Contractor
• Performance Security/ Security Deposit reduced to 3%
• Benefit of Reduced Performance Security/ Security Deposit of 3%
• Duration of Defect Liability Period in Govt. Works
• Procedure for Release of Security Deposit for Electrical Works
• Releasing Security Deposit after Completion of Work
• Release of Payment to Executing Agency by Administrative Dte
• Duration of Defect Liability Period in Road Works