p.b.g.
This query is : Resolved
vinaykumar singh
(Querist)
11 April 2011
plz explain me about p.b.g. & Retaintion Money . what is differance between Retention Money & P.B.G.
plz explain me about p.b.g. & Retaintion Money . what is differance between Retention Money & P.B.G.
CMA Ramesh Krishnan
(Expert)
12 April 2011
Performance bank gurantee which issued by the contractor bank for ensuring the performance of the contractor
Retention money which is withheld by the contractee from the contractor bill for some future guarantee
Retention money which is withheld by the contractee from the contractor bill for some future guarantee
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