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How to fill out cautionnement de soumission

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Step 1: Write the name and address of the person or company providing the cautionnement de soumission.
02
Step 2: Write the name and address of the person or company requesting the cautionnement de soumission.
03
Step 3: Specify the amount of the cautionnement de soumission.
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Step 4: Indicate the duration of the cautionnement de soumission.
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Step 5: Sign and date the cautionnement de soumission.
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Step 6: Submit the cautionnement de soumission to the appropriate party.

Who needs cautionnement de soumission?

01
Contractors or bidders participating in a bidding process for a construction project often need cautionnement de soumission. It provides a guarantee to the project owner that the bidder will fulfill their obligations if they are awarded the contract.
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Cautionnement de soumission is a type of security bond that guarantees the bidder will honor its bid if selected by the client.
Contractors or bidders participating in competitive bidding processes are required to file cautionnement de soumission.
To fill out cautionnement de soumission, the bidder must obtain the necessary forms from the client or their representative, provide the required information, and submit it along with any required fees.
The purpose of cautionnement de soumission is to protect the client or project owner from financial loss in the event that the winning bidder fails to fulfill their obligations.
The cautionnement de soumission must include details such as the bid amount, bidder's information, security amount, and terms and conditions of the bond.
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