Data Retention Policy

Maritime Bidding Network LLC (“MBN”, “Company”, “we”, “us”, or “our”) operates a digital platform designed to facilitate maritime procurement, tendering, contract coordination, and dispute documentation. This Data Retention Policy explains how long information and operational records may be retained within the Maritime Bidding Network platform (the “Platform”). The purpose of this policy is to provide transparency regarding how data associated with platform activity is preserved, stored, and retained.

Effective Date
March 06, 2026
Last Updated
March 09, 2026

1. PURPOSE OF DATA RETENTION

The Platform maintains records in order to:

  • support procurement workflows
  • preserve operational history of contracts and tenders
  • maintain platform integrity and auditability
  • support dispute documentation and evidentiary records
  • comply with applicable legal obligations

2. TYPES OF DATA RETAINED

MBN may retain various categories of data associated with platform operations.

These categories may include:

  • account and identity information
  • vessel and company profiles
  • procurement tenders and bid submissions
  • contract documentation
  • invoices and financial documentation uploaded by users
  • engineering drawings and technical documentation
  • certifications and warranty documentation
  • communications conducted through the Platform
  • milestone and workflow records
  • dispute documentation records
  • platform audit logs and system activity logs

3. ACCOUNT INFORMATION

Basic account information may be retained while a user account remains active.

This may include:

  • name
  • email address
  • organization information
  • account role information
  • account activity history

4. PROCUREMENT AND CONTRACT RECORDS

The Platform is designed to support procurement and contract execution workflows.

Records associated with these workflows may be retained for extended periods in order to preserve the operational history of procurement activities conducted through the Platform.

Examples include:

  • published tenders
  • submitted bids
  • contract documentation
  • milestone records
  • project communications
  • related uploaded materials

5. DISPUTE DOCUMENTATION

The Platform may provide tools to assist users in documenting disputes related to procurement contracts.

Dispute documentation records may include:

  • dispute submissions
  • supporting documentation
  • communication records
  • platform audit logs associated with contract activity

6. PLATFORM AUDIT LOGS

The Platform records operational events in order to maintain system integrity and traceable workflows.

Audit logs may include records of:

  • tender publication events
  • bid submissions
  • milestone confirmations
  • document uploads and revisions
  • system access events
  • workflow activity within the Platform

7. TECHNICAL SYSTEM LOGS

Technical system logs may be retained to support platform performance, infrastructure monitoring, and security analysis.

Such logs may include:

  • system performance data
  • infrastructure activity logs
  • authentication and access logs
  • network activity records

8. USER REQUESTS FOR DATA DELETION

Users may request deletion of certain personal data where applicable under relevant data protection laws.

However, some data may not be eligible for deletion where retention is necessary for:

  • compliance with legal obligations
  • preservation of operational records
  • resolution of disputes
  • maintenance of system security

9. ARCHIVAL STORAGE

Certain platform records may be archived for long-term preservation of procurement activity conducted through the Platform.

Archived records may be retained in order to maintain historical records of procurement workflows and contractual interactions.

Archived data may be subject to restricted access controls.

10. DATA SECURITY DURING RETENTION

MBN implements commercially reasonable technical and organizational measures designed to protect retained data.

Such measures may include:

  • controlled system access
  • secure infrastructure management
  • system monitoring and logging
  • protection of archived records

11. POLICY UPDATES

MBN may update this Data Retention Policy from time to time to reflect changes in platform architecture, operational practices, or legal requirements.

Updated versions will be published on the Platform with an updated effective date.

Continued use of the Platform following updates constitutes acceptance of the revised policy.

12. DATA RETENTION CONTACT

Questions regarding this Data Retention Policy may be directed to:

Maritime Bidding Network LLC

222 Salamanca Ave

Coral Gables, Florida 33134

United States

Email: management@maritimebids.com

LINGUISTIC INTERPRETATION CLAUSE

This Data Retention Policy may be made available in multiple languages for the convenience of international users of the Platform.

In the event of any discrepancy, conflict, or difference in interpretation between translated versions of this Data Retention Policy, the English version shall prevail and be legally binding.

Translated versions are provided for informational and convenience purposes only.