Construction project bidding guarantee
Number: number
:_____________________________
In view of the _________________ participation in the _________________ project bidding, the bidder should apply. According to the bidding file, we are willing to provide you with the following guarantees in the manner guaranteed by the bidders in fulfilling the obligations stipulated in the bidding documents:
First, the scope of the guarantee and the guaranteed amount
We assume the guarantee responsibility when the bidder has the following circumstances:
1. The bidder withdraws the bidding file without your permission within the validity period of the bidding specified in the bidding file, that is, __________________________________________________________________________________________________________________________________________________________________________
2. After the bidder has won the bid, he/she has not signed the “Construction Construction Contract” with you for the time specified in the bidding file;
3. After the bidder wins the bid, the bidder cannot provide the performance guarantee in accordance with the provisions of the bidding file;
4. Other circumstances in which the bidder specified in the bidding file shall pay the bid bond.
The amount guaranteed by us is RMB ____________.
Second, the guarantee method and guarantee period
The way we guarantee is: joint responsibility guarantee.
Our guarantee period is: from the effective date of this guarantee to the ______ day after the expiration of the validity period of the bidding documents, that is, until ______ years ______ months ______ days.
If the validity period of the bid is extended, with the written consent of us, the guarantee period of this guarantee shall be adjusted accordingly.
Third, assume the form of guarantee responsibility
We will assume the guarantee responsibility in accordance with your request in one of the following ways:
The bidder will pay the bid bond to you in RMB __________________.
If you choose to re-tender, I will pay you the fee for re-tendering, but the amount of payment shall not exceed the guarantee amount stipulated in Article 1 of this guarantee letter, that is, no more than RMB ____________.
Fourth, the arrangement of compensation
If you request that we assume the responsibility of guarantee, we shall send a written notice of claim to us. The notice of claim shall state the amount of the claim for the claim, the account number to which the payment should be made, and a supporting document stating that the bidder’s default caused your loss.
Upon receipt of your written notice of the claim and the corresponding supporting materials, we will assume the guarantee responsibility in accordance with the commitment of this guarantee letter after the verification within ______ working days.
Fifth, the release of the guarantee responsibility
1. If the warranty period expires, you have not submitted a written guarantee to us, and we will release the guarantee responsibility from the day after the expiration of the guarantee period.
2. After we have fulfilled the guarantee responsibility to you in accordance with this guarantee, the guarantee responsibility will be released from the date of payment by you.
3. In accordance with the provisions of laws and regulations or other circumstances that should be relieved of our guarantee obligations, our warranty obligations under this letter of guarantee are also lifted.
After we release the guarantee responsibility, you shall return the original of this letter of guarantee to us within ____________ working days from the date of the cancellation of the self-guarantee responsibility.
6. Disclaimer
1. We will not assume the guarantee responsibility if the bidder fails to perform the obligation due to your breach of contract.
2. In accordance with the provisions of the law or your separate agreement with the bidder, exempting the bidder from part or all of the obligations, we also waive its corresponding guarantee responsibility.
3. If the bidder cannot fulfill the obligation due to force majeure, we will not assume the guarantee responsibility.
Seven, the settlement of the dispute
The dispute arising from this letter of guarantee shall be settled by negotiation between you and us. If the negotiation fails, the case shall be settled through litigation, and the court of the jurisdiction shall be ____________ the court.
8. The effective date of the letter of guarantee
This Guarantee is effective as of the date on which the representative’s signature is signed or stamped and delivered to you.
The term "delivery" as used in this article means: ______________________________
guarantor:____________________________
Legal representative: ________
____________year month day
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