Garantia de Fiel Cumprimento

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09:56 Jun 11, 2018
Portuguese to English translations [PRO]
Bus/Financial - Accounting / commercial contract
Portuguese term or phrase: Garantia de Fiel Cumprimento
It is part of a commercial contract.
the sentence is:
Todos os pagamentos à Contratada previstos neste Contrato terão uma retenção de 5% (cinco por cento), efetuada pela Contratante, durante todo o período de vigência do Contrato, a título de Garantia de Fiel Cumprimento.
Mauro Lando
Brazil


Summary of answers provided
4 +4Performance Bond
Gilmar Fernandes
3 +1faithful fulfilment/compliance of the contract
Claudio Mazotti


  

Answers


14 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
faithful fulfilment/compliance of the contract


Explanation:
ri.arteris.com.br/ptb/3755/FormulriodeHabilitaoOPA_Final_05082013.pdf
27 de set de 2011 - “O registro da Oferta não implica, por parte da CVM, garantia de .... atos necessários para o bom e fiel cumprimento das instruções .... terms of the previous item, of all acts necessary to the full and faithful compliance with the instructions ... CONTRACT TERMS AND OTHER CONDITIONS SET FORTH IN ...

citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.464...
Traduzir esta página
de FC Theophilo - ‎2013 - ‎Citado por 2 - ‎Artigos relacionados
3.3.2 Contract versus Law – The Lawfulness Principle. 57 ...... adequate provision of the service, and the faithful fulfillment of the contract terms, ..... II - exigir garantia do fiel cumprimento, pela concessionária, das obrigações relativas às.




Claudio Mazotti
Brazil
Does not meet criteria
Native speaker of: Portuguese
PRO pts in category: 11

Peer comments on this answer (and responses from the answerer)
agree  Oliveira Simões: Existem vários exemplos de "faithful compliance of..." https://www.google.com/search?q="faithful compliance of"&oq=...
2 hrs
  -> tks a lot!
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
Performance Bond


Explanation:
http://dicionario.leyderecho.org/garantia-de-fiel-cumpriment...

https://www.proz.com/kudoz/english_to_portuguese/law_contrac...

https://segurogarantia.wordpress.com/tag/seguro-caucao/

Como todo contrato, as apólices de seguro não fogem a regra, quando o assunto é a interpretação de seus clausulados. É o caso da modalidade de fiel cumprimento – **Performance Bond**, no ramo do Seguro Garantia, que faz suscitar dúvidas em relação ao alcance de suas coberturas.

Sob este prisma, não há como se entender, conceitualmente e até operacionalmente, a posição de algumas empresas contratantes exigir que a apólice de ***garantia de fiel cumprimento** deva cobrir o pagamento dos encargos, caso a contratada não o faça.

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Note added at 3 hrs (2018-06-11 12:58:41 GMT)
--------------------------------------------------

Let me post this again, which I had on my reply to Oliveira's earlier NEUTRAL comment, which I'm glad he changed it to AGREE :)

DICIONÁRIO DO MARCÍLIO page 212:
========================
garantia contratual. performance bond; completion
bond [Merriam-Webster’s Dictionary of
Law, p. 56]. Sinônimo em português: garantia
de fiel cumprimento das obrigações contratuais;
seguro-garantia de cumprimento de
obrigações contratuais.
• (em redação contratual) “A parte prestará garantia
contratual no valor de US$1,000,000.00”
􀃆 The party shall give a performance bond in
the amount of US$1,000,000.00.

Gilmar Fernandes
United States
Local time: 07:57
Meets criteria
Works in field
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 111

Peer comments on this answer (and responses from the answerer)
agree  Oliveira Simões: Thank you for clarifying. Based on your sources (now deleted), this makes sense, especially if the guarantee has been issued by a bank or an insurance company: https://www.investopedia.com/terms/p/performancebond.asp
35 mins
  -> Thank you!

agree  T o b i a s
7 hrs
  -> Thanks Toby :)

agree  Julia Aidar
23 hrs
  -> Thank you Julia :)

agree  Charles R. Castleberry: https://www.google.com/search?q=performance bond&oq=performa...
1 day 1 hr
  -> Thank you Charlie :)
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