Advance Payment Guarantee (APG) is procured to re-assure the principal that the contract awarded will be done. This APG will be 100% cash backed. In the event the contractor needs fund to execute the contract, it will follow the same process of the LPO.
Advance Payment Guarantee (APG) is procured to re-assure the principal that the contract awarded will be done. This APG will be 100% cash backed. In the event the contractor needs fund to execute the contract, it will follow the same process of the LPO.