Bid & Performance Guarantees
Bid & Performance Guarantees
Secure your contracts with ease. Our Bid and Performance Guarantees provide the assurance clients demand, helping businesses win tenders and execute projects confidently without tying up essential working capital.
Key Features
- Fast Issuance: Quick processing of guarantees
- Flexible Terms: Tailored to contract size and duration
- Minimal Cash Collateral: Keep your cash free
- Credibility: Strengthen your reputation with clients
Who can apply?
- Registered businesses and contractors
- Valid tender or award letter
- Financial statements or bank references
Fee Structure
| Issuance Fee | 2% of guarantee value |
| Administration Fee | RWF 10,000 (flat) |
| Extension Fee | 1% (if extended beyond original term) |
Security Requirements
- Cash cover (partial or full)
- Bank guarantees
- Movable assets (if applicable)
Terms depend on project risk assessment and applicant profile.
Why Choose Joda Finance Bid Guarantees?
- Enhance your credibility when bidding
- Protect project owners with assurance
- Flexible security and repayment options
- Expert advice throughout your tendering process
