Revision of contract guarantee system

NEXCO EAST will revise the "Contract Guarantee System" as follows and improve its effectiveness to achieve even smoother business progress.

Until now, the payment by cash and the submission of securities, which had been the contract guarantee, have been abolished, and only the certificates (bonds) such as contract guarantees issued by banks and insurance companies have been submitted. In order to further reduce the risk of obstructing the business progress of our company, such as bankruptcy and cancellation of those who are in the process of fulfilling the contract, we will surely incorporate the "management evaluation" by We will promote anti-dumping measures.

Among the constructions and surveys that start the bidding procedure after November 1, 2008, all the constructions and surveys whose contract limit price exceeds 2.5 million yen.

(It will be specified in the bid announcement or bid description.)

• "Contract guarantee" of financial institutions such as banks
• "Performance Guarantee Insurance" of insurance companies
• Insurance company performance guarantee (limited to financial guarantee)
• Guarantee company "contract guarantee"

Please submit from the highest bidder before creating the contract

Contract price (tax included) 10/100

However, if a low bid price survey is conducted, the contract price (tax included) will be 30/100