We provide a bid guarantee to businesses when entering into tenders. We thus reduce the binding of their funds, which they have to deposit as a security for a public contract or a competition for the most suitable tender with the contracting authority of the tender or the tenderer.
Maximum guarantee amount CZK 5 million
What guarantee do we offer?
Minimum guarantee amountCZK 50,000
Maximum guarantee amountCZK 5 million
What can be guaranteed?tender offer
Guarantee fee 1% (max. CZK 30,000) + CZK 3,000.
Project location & Supported sectors:
- Territory of the Czech Republic
- Supply of products, goods and reconstruction work
- The beneficiary of the guarantee has to be an entity being a resident of the Czech Republic
The Vadium 2018-2023 programme is financed from the national resources of the Ministry of Industry and Trade.