Engineering guarant

   Engineering guarantee is the guarantee to fulfill the obligation of construction contrac guarantee, to promote all parties involved in the construction and performance, enhance the insured's credit degree, reduce the construction project transaction cost and performance risk, with better social and economic benefits, has become a common practice in the international construction industry, as well as international engineering an effective credit risk management tools. Derun project guarantee business team has provided legal services for a large number of construction projects at home and abroad.

Service team

    Derun engineering guarantee business team consists of experienced practitioners of partners and associates, members of the team for many years engaged in research in the field of law and practice, in the normative documents of the competent department of the government in the field of regulations, the drafting of the long-term legal adviser in the field of security agencies, has a wealth of practical experience.
 

Service scope

DE-RUN patent legal services mainly including：
•The drafting and auditing of all kinds of guarantee and related legal documents such as bidding, performance, advance payment, warranty, examine
•Risk assessment and risk mitigation measures for project guarantee projects of banks, insurance companies and guarantee institutions
•A proxy or a letter of Indemnity Claim against a claim for guarantee
•Letter of indemnity, claim, dispute or letter of guarantee fraud
•Compensation for loss of compensation

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