Project construction bidding contract model (bid bank guarantee)

Tender bank guarantee

In view of the fact that ____ has submitted a tender for the construction of ________.

According to this file, it is hereby declared that our bank ____ guarantees the deposit of __ to the owner. This warranty is binding on the bank and its successors and assigns.

stamp:_____

__year month day

The conditions for this warranty are:

If the bidder withdraws the bid in the validity period of the bid specified in the bid; or if the bidder receives the notice of winning the bid from the owner within the validity period of the bid;

Failure to or refuse to sign the contractual agreement as required in accordance with the requirements of the tender; or fail to or refuse to comply with the requirements of the tender, and provide the deposit of the law.

We guarantee that after receiving the first written request from the owner, we will pay the above amount to the owner. There is no need for the owner to issue any proof. In the written request, the condition is that the owner will be required to notice that the payment is due to the occurrence. One or two of the above conditions, and specify the situation. This warranty is valid for 30 days after the validity period specified in the bidding notice or the validity of the extended bids before that date. The extension of the validity period of the tender does not require the bank to be notified, and any request for payment should be submitted to the bank before the above date.

Date _____ bank name _____

Witness signature _________ stamp: ______

Witness unit and address: ______________