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Explanation: I would translate the first part as:
Performance bonds have been deposited ...
(Re) Leistungsgarantie f, Erfüllungsgarantie f
(ie, bond that guarantees performance of a contract; syn, performance guaranty, bank/cash /completion/contract . . . bond, guaranty deposit, guaranty against defective material and workmanship, maintenance guaranty)
William Stein Costa Rica Local time: 02:13 Native speaker of: English PRO pts in pair: 1734