BANK GUARANTEE CLAIMS AS COLLATERAL FOR BENEFICIARY IN CONSTRUCTION PROJECTS

One type of credit facility that is currently widely used in banking institutions business circles bank guarantees. In practice, a guarantee as certificate given by to the project owner on behalf contractor, value must be same guaranteed value. This study will analyze and find out about claims collateral for beneficiary construction projects. research normative juridical descriptive-analytical nature, namely making systematic facts including describing applicable regulations. As claim from guarantee, there are no special provisions regarding procedures or conditions Banking Law OJK Regulation, regulation guarantees regulated SEBI Decree Board Directors Bank Indonesia does not technically regulate projects, whereas practice almost absolutely necessary every project.