Any Supplier Who Is Awarded An Amount Greater Than 1000 Utm Must Present A Guarantee Document For Faithful Compliance With The Contract, As Required In The Bases Of This Tender, Which Can Be Taken By Himself Or By A Third Party At His Discretion. Name In A Commercial Bank Or Reciprocal Guarantee Institutions Created By Law No. 20,179/2007. The Guarantee Document Must Be Mandatory Delivered Before Signing The Contract Physically Or Electronically. In Cases Where It Is Physically Awarded, It Must Be In A Sealed Envelope Identifying The Bidder, Bidding Number And Executive In Charge Of The Process In The Hospital Parts Office. And In Cases Where It Is Granted Electronically, It Must Comply With Law No. 19,799/2002 And Its Modifications On Electronic Documents, Electronic Signature And Certification Service Of Said Signature. The Bond Or Guarantee Must Be Payable On Demand And Be Irrevocable In Accordance With The Provisions Of Article 68 Of Decree No. 250 Of 2015. According To Article 22 Of Regulation 250, The Guarantee Of Performance Of The Contract Is Intended To: A) Ensure Correct Compliance, By The Awarded Party, With The Obligations Arising From The Contract. B) Ensure The Payment Of Labor And Social Obligations Of The Contracting Partys Workers. C) Make Effective Any Fines And Sanctions Imposed On The Awarded Supplier. In Accordance With Article 72 Of Regulation 250, In The Event Of Non-Compliance By The Contractor With The Obligations Imposed By The Contract Or With The Labor Or Social Obligations With Its Workers, The Bidding Entity Is Empowered To Make The Performance Guarantee Effective, Administratively And Without Need For Any Injunction Or Judicial Or Arbitral Action. The Foregoing Is Without Prejudice To The Actions That The Bidding Entity May Exercise To Demand Forced Compliance With The Agreement Or The Termination Of The Contract, In Both Cases With The Corresponding Compensation For Damages. Non-Compliance Also Includes Imperfect Or Late Compliance With The Contractors Obligations. Likewise, The Bidding Entity Is Empowered To Make The Compliance Guarantee Effective, Administratively And Without The Need For Any Requirement Or Judicial Or Arbitral Action When It Comes To Making Effective Any Fines And Sanctions Imposed On The Awarded Supplier.
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