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hi welcome to the quantity surveying studio in todays video ill be explaining one of the most important responsibility of a quantity surveyor while doing subcontractor management and that is maintaining and updating and tracking the bank guarantee records of the different subcontractors so this is one of the most important duties if the quantity server is from the main contractor side and there are different subcontractors under him or if the quantity server is from the client or the consultant side and again when there are different subcontractors or nominated subcontractors working under them so this is a template which i have prepared to explain this concept or this responsibility now what the different bank characters are ive already explained it in another video so in the top right corner you can see the link to that video ill also put the link of that video in the description in a nutshell ill explain what the different guarantees are mainly they are the performance bank gu