economedia.ro/asf-ghid-pentru-verificarea-asigurar

The Financial Supervisory Authority (ASF) has released a guide on guarantee insurance for public procurement, aimed at preventing contractual risks and delays in public investments. The guide details the use, verification, and acceptance of guarantee insurance, providing practical examples and legal criteria. ASF emphasizes the importance of verifying the conditions under which these policies are issued to mitigate financial risks for contracting authorities. The guide aims to educate both contracting authorities and economic operators on the applicable rules and criteria, enhancing financial literacy in the sector. ASF's initiative supports the efficient use of financial instruments to foster economic growth and investment in Romania.