Regulations for Bid Bond, Guarantee Bond and Other Guarantees Article 33-4

An entity shall prescribe in the tender documentation that, in case any supplier provides joint and several guarantee to more than one government procurement contracts at the same time, the maximum number of contracts for which it guarantees shall be limited to two.An entity conducting procurement shall, if there exists the circumstance referred to in the preceding paragraph as regards the supplier providing joint and several guarantee, transmit relevant information of the joint-and-several guarantee supplier to the database designated by the responsible entity for public notice.