Performance guarantees and performance liquidated damages (PLDs) are an essential element of most engineering, procurement, and construction (EPC) contracts, especially those related to solar and ...

UK-listed contractor Petrofac has hinted at progress in securing performance guarantees from financial institutions to back up new contracts in its order backlog that the company said continues to ...

SALT LAKE CITY, Aug. 6, 2025 /PRNewswire/ -- Groove Technology Solutions, a trusted leader in innovative property technology solutions for hospitality, senior living, multifamily, and commercial ...

In recent years, the Financial Sector Conduct Authority (FSCA) has received multiple complaints regarding unlicensed entities issuing performance guarantees. State entities, including municipalities ...