Jaminan Pemeliharaan /Maintenance Bond

Surety and Principal promise to provide compensation to the Obligee if the Principal fails or does not fulfill its obligations to repair damage / shortage of work that may arise during the maintenance period, in accordance with the Maintenance Bond letter made by Surety to the Obligee.

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The maintenance bond function is to replace / guarantee a retention fee of 5% of the project value held by the oblige.

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If the Principal fails to repair the damage / shortage of work after the project is completed, the surety will replace the repair costs, a maximum of the value of the bond.