In a guaranteed contest, the contest holder guarantees that they will select a winning designer, and will pay out the prize money.
Contest holder can not ask for refund even if they haven't awarded a winner in sometime.
Note for designers: Please be patient, contest holders will award a winner. We follow up regularly with such clients so that they award a winner as soon as possible. If the guaranteed contest holder decides they don’t want to choose any of the designs as the winner, we’ll distribute their prize money evenly. Any designers who are suspended during the time of a prize distribution automatically forfeit their share.