Bid security

Bank guarantee: size, cost, return

Input

Security

fee: 1 500 ₴

15 000 ₴

Range 0.5–3%
5 000–30 000 ₴
Guarantee fee
1 500 ₴

Bid security: 0.5–3% of expected value (customer sets in TD). A bank guarantee costs ~0.5–2% p.a. + minimum fee. Returned: to all but the winner after auction; to the winner after contract signing.