In the current context, public procurement represents one of the most transparent areas of contractual relations. There have been certain financial protections put in place as part of the commercial legislation to ensure that such procurement can function smoothly. A bank guarantee is the most common one among them.
Please read our lawyer's article scrutinizing issues related to the return of a bank guarantee after the public procurement contract was performed, Supreme Court's current case law in this field, and effective ways for the supplier to protect its rights and interests.




