In addition to the chain of services offered by EIB and in response to the needs of supply contracts EIB also issues Performance Bonds to guarantee that the supplier of the goods will adhere to the terms of the contract entered into by him. The EIB's Performance Bonds not only increase the level of trust between the parties to the contract but also create the conditions for the award of the contract itself. In addition, this service helps in maintaining and enhancing the standard of local goods and raises the confidence of local buyers in them.