Slovak Republic: : Ensuring contractor performance

• Autores: Daniel Futej, Cyril Hric
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 10 (3/14/2016), 2016
• Idioma: inglés
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• Resumen

  • The article reports on a practice that has been implemented in the Slovak construction market designed to ensure that subcontractors get paid for their work. Topics covered include a common form of guarantee known as retention, tendency of banks to set specific expiry dates on performance bonds, and bank guarantee fees in Slovakia as of March 14, 2016.