The procedures for surety bonds in the oil industry are required for the formalization of the contract, performance bonds in Pemex contracts.
It requires a suitable set of technological or business knowledge, which allows you to gather the necessary elements, in the requirements offered by surety companies.
Bonds in the oil industry must approve the texts approved by Pemex, or Pemex Refining.
A successful project depends on having the tools to guarantee a contract, such as guarantees, which will serve as security for recovery in case of failure to comply with the obligations or responsibilities stated in the contract clauses.
Bonds in the Oil Industry
The conditions or requirements for granting bonds in the oil industry are becoming increasingly complex. In larger contracts, surety companies will always request guarantees of recovery in case of risk or future breach of responsibilities and obligations in the development of the contract.
Bonds in the Oil Industry
The Performance Bond must be 10% of the total amount of the contract or order, of the formalization instrument, without including the value added tax.
EXCEPTION TO THE DELIVERY OF PERFORMANCE GUARANTEES.
When, for any justified reason, the delivery of the performance bond is waived.
The criteria for exempting suppliers and contractors from providing performance bonds:
- When the nature of the events requires immediate contracting, without sufficient time for the contractor to establish the performance guarantee.
- When social order, the economy, security or the environment of any area or region of the country is alarmed or disturbed as a result of unforeseen circumstances or force majeure.
- When the contracts or orders awarded are for an amount equal to or less than 20% of the amount established in the range of direct award according to the federal expenditure budget of the corresponding fiscal year.
- When the delivery period for goods to satisfaction is less than ten calendar days following the signing of the contract or order, the requirement to present the performance guarantee may be waived in the cases and conditions determined by the contracting area.
- We process bonds without collateral and resolve any problems related to advance payment bonds, performance bonds, urgent bonds, bonds without collateral, so that a company can have guarantees to back a contract and obtain the bonds in the oil industry.
Bonds processed with minimal requirements anywhere in Mexico and for any amount required by your Pemex contract. Contact us at 55 20 99 04 69
The consulting service we offer;
- techniques for issuing performance bonds.
- We collaborate in terms of time and solutions,
- scope of your project in terms of goals, assets, and products.
- We guarantee any Pemex contract, any amount.
- Consult us, we provide bonds, nationwide service.
Performance bond requirements .
- Notification of award, direct award or where you have won the tender.
- Pemex contract where they request the bond.
- Articles of Incorporation of the Company.
- Power of the sole administrator of the company.
- Ife or ine of the sole administrator of the company.
- Tax registration of the company to the SAT.
- Company tax identification number .
- Financial statements of the company signed by the sole administrator of the company and the company’s public accountant; attach the public accountant’s identification card .
- Company annual statement for the current fiscal year.
- Partial statements of the company 2019.
- Proof of the company’s tax address.
- Updated company profile.
- Fill out the company’s application questionnaire.
IF YOU WOULD LIKE MORE INFORMATION
CONTACT US EMAIL FIANZASYAVALES@GMAIL.COM
FROM CDMX 55 2099 0469