Demiton · Schema

bank_guarantee contract v2

Bank guarantees and other security instruments given or held under a contract.

CompanyConstructionCivil EngineeringProject ManagementComplianceMCPArtificial IntelligenceOpen Contracting

Properties

Name	Type	Description
amount	number	the most the issuer will pay on demand
issuer	string	the financial institution that gave the undertaking
status	string	whether the guarantee is held, reduced, called on or returned
project	string	the project the secured contract is for
currency	currency	the currency of the amount
direction	string	whether the tenant gave the guarantee or holds one given to it
issued_on	string	the date on the undertaking
expires_on	string	when the undertaking lapses, if it has an expiry
external_id	string	the source's own record id
returned_on	string	when the guarantee was returned
subcontract	string	the subcontract the guarantee secures, when the tenant holds it
counterparty	string	the other party to the contract the guarantee secures
legal_entity	string	the tenant legal entity party to the contract
security_form	string	the form of security the contract required
security_kind	string	which tranche the guarantee is, e.g. completion or post-completion
release_trigger	string	the event after which the guarantee must be returned
contract_reference	string	the contract the guarantee secures
reduction_on_practical_completion	number	how much of the security falls away at practical completion

View JSON Schema on GitHub

JSON Schema

{
  "$schema": "https://json-schema.org/draft/2020-12/schema",
  "$id": "https://docs.demiton.io/registers/bank_guarantee/v2.json",
  "title": "bank_guarantee contract v2",
  "type": "object",
  "required": [
    "amount",
    "counterparty",
    "direction",
    "issuer"
  ],
  "properties": {
    "amount": {
      "type": "number",
      "description": "the most the issuer will pay on demand",
      "x-demiton-requiredness": "required",
      "x-demiton-type": "money"
    },
    "issuer": {
      "type": "string",
      "description": "the financial institution that gave the undertaking",
      "x-demiton-requiredness": "required"
    },
    "status": {
      "type": "string",
      "description": "whether the guarantee is held, reduced, called on or returned",
      "x-demiton-requiredness": "optional"
    },
    "project": {
      "type": "string",
      "description": "the project the secured contract is for",
      "x-demiton-requiredness": "optional",
      "x-demiton-reference": true
    },
    "currency": {
      "type": "currency",
      "description": "the currency of the amount",
      "x-demiton-requiredness": "optional"
    },
    "direction": {
      "type": "string",
      "description": "whether the tenant gave the guarantee or holds one given to it",
      "x-demiton-requiredness": "required"
    },
    "issued_on": {
      "type": "string",
      "description": "the date on the undertaking",
      "x-demiton-requiredness": "optional",
      "x-demiton-unit": "day",
      "format": "date",
      "x-demiton-type": "date"
    },
    "expires_on": {
      "type": "string",
      "description": "when the undertaking lapses, if it has an expiry",
      "x-demiton-requiredness": "optional",
      "x-demiton-unit": "day",
      "format": "date",
      "x-demiton-type": "date"
    },
    "external_id": {
      "type": "string",
      "description": "the source's own record id",
      "x-demiton-requiredness": "optional"
    },
    "returned_on": {
      "type": "string",
      "description": "when the guarantee was returned",
      "x-demiton-requiredness": "optional",
      "x-demiton-unit": "day",
      "format": "date",
      "x-demiton-type": "date"
    },
    "subcontract": {
      "type": "string",
      "description": "the subcontract the guarantee secures, when the tenant holds it",
      "x-demiton-requiredness": "optional",
      "x-demiton-reference": true
    },
    "counterparty": {
      "type": "string",
      "description": "the other party to the contract the guarantee secures",
      "x-demiton-requiredness": "required",
      "x-demiton-reference": true
    },
    "legal_entity": {
      "type": "string",
      "description": "the tenant legal entity party to the contract",
      "x-demiton-requiredness": "optional",
      "x-demiton-reference": true
    },
    "security_form": {
      "type": "string",
      "description": "the form of security the contract required",
      "x-demiton-requiredness": "optional"
    },
    "security_kind": {
      "type": "string",
      "description": "which tranche the guarantee is, e.g. completion or post-completion",
      "x-demiton-requiredness": "optional"
    },
    "release_trigger": {
      "type": "string",
      "description": "the event after which the guarantee must be returned",
      "x-demiton-requiredness": "optional"
    },
    "contract_reference": {
      "type": "string",
      "description": "the contract the guarantee secures",
      "x-demiton-requiredness": "optional"
    },
    "reduction_on_practical_completion": {
      "type": "number",
      "description": "how much of the security falls away at practical completion",
      "x-demiton-requiredness": "optional",
      "x-demiton-unit": "percent",
      "x-demiton-type": "decimal"
    }
  },
  "x-demiton-register-type": "bank_guarantee",
  "x-demiton-contract-version": "2.0.2",
  "x-demiton-store": "tenant",
  "x-demiton-axes": [],
  "x-demiton-measures": [],
  "x-demiton-provenance": {
    "standards": [
      {
        "code": "AS 4000-1997",
        "title": "General Conditions of Contract (superseded edition, still in use)",
        "access": "public_summary",
        "clause": "Annexure Part A Item 18; cl 5.4; Annexure Part B (principal-amended form)",
        "region": "Australia",
        "edition": "1997",
        "checked_on": "2026-09-14"
      },
      {
        "code": "AS 4000:2025",
        "title": "General Conditions of Contract (construct only)",
        "access": "paywalled_secondary",
        "clause": "Annexure Part A (per commentary)",
        "region": "Australia",
        "edition": "2025",
        "checked_on": "2026-09-14"
      },
      {
        "code": "AS 4902-2000",
        "title": "General Conditions of Contract for Design and Construct",
        "access": "paywalled_secondary",
        "region": "Australia",
        "edition": "2000",
        "checked_on": "2026-09-14"
      },
      {
        "code": "GC21 Edition 2",
        "title": "GC21 General Conditions of Contract, Edition 2 (as modified by the ACT Government)",
        "access": "public_summary",
        "clause": "cl 33; Schedule 2",
        "region": "Australia",
        "edition": "Edition 2",
        "checked_on": "2026-09-14"
      },
      {
        "code": "VIC BCISP Act 2002",
        "title": "Building and Construction Industry Security of Payment Act 2002 (Vic), as amended from 15 Apr 2026",
        "access": "public_summary",
        "clause": "ss 17A-17H (per commentary)",
        "region": "Australia",
        "edition": "2002 as amended 15 Apr 2026",
        "checked_on": "2026-09-14"
      },
      {
        "code": "WA BCISP Act 2021",
        "title": "Building and Construction Industry (Security of Payment) Act 2021 (WA)",
        "access": "full_text_verified",
        "clause": "s 59",
        "region": "Australia",
        "edition": "2021",
        "checked_on": "2026-09-14"
      }
    ]
  },
  "description": "Bank guarantees and other security instruments given or held under a contract.",
  "x-demiton-contract-url": "https://docs.demiton.io/registers/bank_guarantee/",
  "x-demiton-register-catalog": "https://docs.demiton.io/concepts/register-catalog"
}

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