MAINTENANCE BOND.
Any legal person that carried out a contract must, after the completion of the works, present a maintenance bond in order to remedy, without additional costs, any subsequent defects.
The Maintenance Bond assures the Beneficiary that any hidden defects/vices of the executed work occurring during the post-execution period will be remedied (maintenance period).
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This period of post-execution guarantee refers to the period of notification regarding the defects, starting from the signing of the protocol of reception to the signing of the protocol of final reception.
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