Guarantees

Description:

Some procurement processes consider the specification of guarantees in order to ensure compliance with the terms of a contract.

There are many types of guarantees, so we consider the creation of a new extension based on the formats that are required for the Federal Treasury (Mexico).

Proposal:

Codelist

• Guarantee types:

  • Bail
  • Deposit slip
  • Letter of credit
  • Surety bond
  • Check

• Guaranteed obligations:

  • Fulfillment
  • Prepaid
  • Latent defects
  • Confidentiality
  • Quality

Add an array named "guarantees" with the following fields:

Schema

• Contract {object}
  • guarantees [array]
    • Guarantee {object}
      • id (string, integer)
      • type (string, null) (codelist)
      • date (Format: date-time) (string, null)
      • obligations (string, null) (codelist)
      • value {object}
        • $ref : #/definitions/Value
      • guarantor {object}
        • $ref : #/definitions/OrganizationReference
      • period {object}
        • $ref : #/definitions/Period

Defining texts:

Code	Title	Description
guarantees	Guarantees	A list of the guarantees given for this contract.
Guarantee	Guarantee	Information of the guarantee used to ensure compliance with the terms of a contract.
id	Guarantee ID	A local identifier for this guarantee, unique within this block.
type	Guarantee type	Specify the guarantee type for this contract using the guaranteeType codelist.
bail	Bail	A bail bond is a written promise by which a person agrees with the creditor to pay for the debtor, if he does not.
depositSlip	Deposit slip	The deposit slip is an instrument used to establish cash guarantees available to judicial or administrative authorities.
letterOfCredit	Letter of credit	Letters of credit are used to guarantee that a supplier will receive a specified amount of money within a specified time providing strict terms.
suretyBond	Surety bond	A surety bond is an instrument through which The surety is obliged to compensate the obligee for the damages suffered in the event that the principal fails to comply with the terms of the contract.
check	Check	A certified check as a form of guarantee.
date	Guarantee date	The date of the guarantee. This is the date on which the guarantee is issued.
obligations	Guaranteed obligations	Specify the type of obligations that are guaranteed, using the obligationType codelist.
fulfillment	Fulfillment	Guarantees fulfillment in time with the conditions stipulated in the contract.
prepaid	Prepaid	Guarantee by which the supplier requests a prepayment from the procuring entity.
latentDefects	Latent defects	Guarantee on the possible defects that a good may have that are not discoverable through general inspection at the time of delivery.
confidentiality	Confidentiality	Guarantee that commits the supplier to safeguard the confidential information that has been granted.
quality	Quality	Commitment from the supplier to deliver the goods and services in the quality specified in the contract.
value	Guarantee value	Total amount of the guarantee.
guarantor	Guarantor	Institution that issues the guarantee.
period	Guarantee period	The period on which this quote is valid.

Issues

Report issues for this extension in the standard repository of the Open Contracting Partnership.