final statement

12:33 Jan 27, 2003 

The undersigned, [name, company name, address], hereby declare that we will guarantee, not merely jointly and severally, but as principal debtor, to [NNN (name of company), acting as Procurement Agents for the Commission of the European Communities] on behalf of [Supplier�s name and address], the payment of [amount of the performance guarantee], representing the performance guarantee mentioned in article XII of the Special Conditions without dispute, on receipt of a first written request from the recipient.
The guarantee will enter into force and take effect from the [ indicate the date of entry into force of the contract].
We note that you will release the guarantee and notify us of the fact at the latest within thirty days of receipt of the final statement [except for the part assigned to the after sales service as stipulated in the Special Conditions].

21:37 Jan 26, 2003 

The successful tenderer will be requested to provide a performance guarantee of 10% of the contract value in Euro (in the format given in Annex IV) when countersigning the contract. This must be delivered within 30 days after receipt by the tenderer of the contract signed by the Contracting Authority.
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