Contractors requiring Bonds and Guarantees are initially required to register with CGF. The criteria and procedures for registration and the obtaining of Bonds and Guarantees are provided below.

CGF Procedure/Criteria when obtaining Bonds and Guarantees

      1.       The Beneficiary should be a Construction Contractor registered with the Construction Industry Development Authority (CIDA).

     2.      Having a Business Registration, registered with the relevant Authorities Having a registered office with necessary resources

     3.      Having past experience in the particular field of construction

     4.      Be an organization with applicable Tax and statutory payment facilities

     5.       Having sufficient Financial credibility/ stability during last few years

      6.      Complete the relevant CGF Application forms (SOLE, PARTNERSHIP, LIMITED LIABILITY)

      7.      Submit Applications and payment of applicable fees

      8.       Await approval by CGF