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