Tender Bank Guarantee
In view of the name of the bidders, the name of the bidder has been submitted to the construction company (contract name).
The tender (hereinafter referred to as the tender).
In accordance with the present document, we hereby declare that our bank has the following
Owner
The bond is guaranteed to pay the deposit.
book
ensure
The book is binding on the bank and its successors and assigns.
Stamped: "a"
19__ month
The conditions for this guarantee are:
(a) if the tenderer withdraws the tender within the validity period of the tender specified in the tender, or (b) if the tenderer receives the tender notice issued by the owner within the validity period of the tender,
(1) fail or refuse to sign the contract agreement according to the requirements of the tender, or (2) fail or refuse to accept the tender notice.
Regulations
Provide a margin for the law.
We guarantee that after receiving the first written request from the owner, we will pay the above amount to the owner without any proof from the owner, only if it is stated in his written request that the owner will notice that the claim is due to one or two of the above conditions and to specify the circumstances.
This guarantee shall be valid within 30 days (thirtieth days) after the validity period specified in the tender notice or before the date of validity of the tender which has been extended before that date.
Extension of the validity of the tender without notice to the bank, any claim should be made to the bank before the above date.
Name of the bank
The witness's signature is made up of the following documents: "
The location and address of the witness:
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