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retention substitution guarantees

German translation: s.u.

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18:00 Apr 1, 2007
English to German translations [PRO]
Bus/Financial - Finance (general) / guarantees
English term or phrase: retention substitution guarantees
Retention Substitution Guarantees, as security for the Contractor's claims arising from the Subcontractor's failure to perform the Subcontract Works under the Subcontract and/or to comply with its obligations under the Subcontract.
Thanks!
ihodak4
Local time: 09:50
German translation:s.u.
Explanation:
guarantee in substitution of a retention

Bürgschaften an Stelle einer Sicherheitsrücklage/-rückstellung
Selected response from:

Katja Schoone
Germany
Local time: 09:50
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +2s.u.
Katja Schoone


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
s.u.


Explanation:
guarantee in substitution of a retention

Bürgschaften an Stelle einer Sicherheitsrücklage/-rückstellung


    Reference: http://www.zurich.de/kredit/eng/surety/products.jsp;jsession...
Katja Schoone
Germany
Local time: 09:50
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 401
Grading comment
Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  Steffen Walter
13 hrs
  -> Danke und einen guten Start in die neue Woche :-)

agree  Sonia Heidemann
1 day18 hrs
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