Performance bonds in Qatar — contracts strike back
Queries raised by Al Tamimi’s clients in recent months, and discussions in wider industry circles in Qatar, would indicate that there is a high incidence of seemingly arbitrary calls on performance bonds, causing real headaches to contractors in this jurisdiction. This article sheds some light on the treatment of performance bonds under Qatari law. In particular, it identifies the ways in which a contractor may resist the arbitrary encashment of such instruments.
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