06
Wed, Jul
80 New Articles

Bank guarantees are one of the forms in which economic operators tendering for a public contract may provide, the so-called tender bonds. The new Public Procurement Law, in force since 1 January 2021, has not significantly changed the rules concerning the provision of tender bonds (including bank guarantees) compared to those based on former legislation.

The incessant growth of WIBOR has become a huge problem for PLN borrowers, who are increasingly questioning the methodology for determining the value of this index. However, there is help in sight as the government is planning to assist, although the initial proposals were contrary to EU law.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue