What is PBG & ABG in term of Contract for supply?

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What is PBG & ABG in term of Contract for supply?..

Answer / bipin

ABG -Advance Bank guarantee (Guarantee for advance payment)

PBG -Performance bank Guarantee(Guarantee up to defect liability period)

Is This Answer Correct ?    204 Yes 13 No

What is PBG & ABG in term of Contract for supply?..

Answer / prabhat choudhary

A BG submitted befor supply of material & BG submitted agst
supply of material

Is This Answer Correct ?    49 Yes 8 No

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