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Completion Guarantee

A Completion Guarantee is a contract between a producer and a completion guarantor, ensuring that a film will be completed within budget and on time.

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Service Description

A completion guarantee is a legal document that provides assurance to a lender or investor that a construction project will be completed in accordance with the agreed-upon terms and specifications. This document typically includes a set of provisions that outline the responsibilities of the project owner, contractor, and guarantor, as well as the conditions under which the guarantee will be triggered. The purpose of the completion guarantee is to mitigate the risks associated with construction projects and ensure that the lender or investor is protected in the event of default or non-performance by the contractor. Overall, a completion guarantee is an important tool for managing risk in construction projects and ensuring that all parties involved are held accountable for delivering on their commitments.

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