Guarantees

Some procurement processes consider the specification of guarantees in order to ensure compliance with the terms of a contract. There are many types of guarantees, so we consider the creation of a new extension based on the formats that are required for the Federal Treasury (Mexico). See discussion in https://github.com/open-contracting/standard/issues/651

To use this extension, add this URL to your package's extensions array:

Maintained by Contrataciones Abiertas México

Codelists

+partyRole.csv

You can download the +partyRole.csv file in English.

The extension adds these codes to the partyRole.csv codelist.

Code	Title	Description
`guarantor`	Guarantor	Institution that issues the guarantee.

guaranteeType.csv

You can download the guaranteeType.csv file in English.

Code	Title	Description
`bail`	Bail	A bail bond is a written promise by which a person agrees with the creditor to pay for the debtor, if he does not.
`depositSlip`	Deposit slip	The deposit slip is an instrument used to establish cash guarantees available to judicial or administrative authorities.
`letterOfCredit`	Letter of credit	Letters of credit are used to guarantee that a supplier will receive a specified amount of money within a specified time providing strict terms.
`suretyBond`	Surety bond	A surety bond is an instrument through which The surety is obliged to compensate the obligee for the damages suffered in the event that the principal fails to comply with the terms of the contract.
`check`	Check	A certified check as a form of guarantee.

guaranteedObligations.csv

You can download the guaranteedObligations.csv file in English.

Code	Title	Description
`fulfillment`	Fulfillment	Guarantees fulfillment in time with the conditions stipulated in the contract.
`prepaid`	Prepaid	Guarantee by which the supplier requests a prepayment from the procuring entity.
`latentDefects`	Latent defects	Guarantee on the possible defects that a good may have that are not discoverable through general inspection at the time of delivery.
`confidentiality`	Confidentiality	Guarantee that commits the supplier to safeguard the confidential information that has been granted.
`quality`	Quality	Commitment from the supplier to deliver the goods and services in the quality specified in the contract.