Article 63 of the Saudi Government Tenders and Procurement Law

المادة 63 من نظام المنافسات والمشتريات الحكومية · الفصل الثاني: الضمان النهائي

Official text (Arabic)

This article has not been amended since the law was issued.

تقبل الضمانات إذا كانت وفق أحد الأشكال الآتية:

1- خطاب ضمان بنكي من أحد البنوك المحلية.

2- خطاب ضمان بنكي من بنك خارج المملكة يقدم بوساطة أحد البنوك المحلية.

3- أي شكل آخر تحدده اللائحة.

وتوضح اللائحة شروط الضمانات وأحكامها ونماذجها.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Explanation (Arabic)

The plain-language explanation of this article is currently available in Arabic only. An English translation is on the way.

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The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.