FAQ

The bank guarantee must remain valid for at least 3 months after the date of envelope opening.

No. Bids are only accepted with a bank guarantee of no less than 25%.

The relevant municipality may grant the investor an unpaid grace period not exceeding 10% of the contract duration for preparation or construction. The preparation period is assessed based on the nature of the investment activity and the extent of required construction or outfitting works.

The contract term is calculated from the date of the "Property Handover Report" signed by the investor, or from the date of sending the notification in the event of a delay attributable to the investor.

The investor may not use the leased municipal property for any activity other than the one specified in the public competition announcement. If the investor wishes to change the activity due to changed circumstances, a formal request must be submitted to the relevant municipality for review and approval in accordance with the applicable regulations.