2.13.109 For the application of provisions regarding the bank guarantee: 

1. the following are considered as debts incurred in consideration of services by the licence-holder for the operation of the team: 

- at the moment of the request to draw on the bank guarantee: unpaid sums due under contract; 

- in case of breach of the contract: sums due under contract not exceeding those corresponding to services anticipated within the remaining period of the contract. These sums constitute a contractual debt at the moment of the breach of the contract; 

- late payment interest on the sums mentioned above up to a maximum of 5%. 

The following are not considered as debts incurred in consideration of services by the rider for the operation of the team, in particular: 

- other benefits in case of breach of contract, prize monies, fees and costs of proceedings 

2. debts contracted by any other party in return for the services of a rider or any other member under contract for the benefit of the UCI Women’s WorldTeam shall be considered as debts contracted by the paying agent and the sponsors and covered by the guarantee, in particular debts contracted under the contracts referred to in articles 2.13.185 and 2.13.186; 

3. the companies through which the licence holders concerned, apart from the riders, carry out their activities for the operation of the UCI Women’s WorldTeam shall be considered as members of the UCI Women’s WorldTeam; 

4. the definitions above are without prejudice to the question of whether a request is founded in any particular case. 

2.13.110 The creditor may not benefit from the guarantee for a contract if a copy of said contract has not been passed to the auditor appointed by the UCI no later than 1st January of the registration year or within a month of signature for contracts signed after 1st December prior to the registration year. 

However, the right to the guarantee will apply: 

1. to any contract passed to the auditor by another party; 

2. subsequently, insofar as the guarantee has not been exhausted on its expiry date. 

2.13.111 For the 2020 season, the amount of the guarantee shall represent 15% of all the gross sums due by the UCI Women’s WorldTeam to riders and persons under contract for the operation of the team during the registration year. In no case may the amount of the bank guarantee be less than CHF 20,000. 

For the 2021 season, the amount of the guarantee shall represent 20% of all the gross sums due by the UCI Women’s WorldTeam to riders and persons under contract for the operation of the team during the registration year. In no case may the amount of the bank guarantee be less than CHF 50,000. 

From the 2022 season onward, the amount of the guarantee shall represent 25% of all the gross sums due by the UCI Women’s WorldTeam to riders and persons under contract for the operation of the team during the registration year plus the amount of CHF 15,000. In no case may the amount of the bank guarantee be less than CHF 130,000. 

(text modified on 12.06.20). 

