Guarantees of good execution of the public works contract

Abstract

Public works contracts occupy a prominent place in the scope of administrative contracts, as they play an effective role in advancing the national economy and completing projects with high quality and at the lowest possible cost. The public needs huge funds that enter the state’s general budget. There had to be guarantees to ensure its proper implementation, and financial guarantees constituted the most important mechanisms introduced by the various legislations, which protect the administration from the risks that it may incur as a result of poor implementation of the works, and provide a wide degree of

protection. for public money.