Attachment D SAMPLE PERFORMANCE SURETY - BANK LETTER OF ASSURANCE.pdf
PDF 113 KB Posted
- Attached to
- ATC Tower Repairs at Al Asad Air Base, Iraq
- Solicitation number
- W5J9JE23R0010
About this file
This letter of assurance is a guarantee from a financial institution that it will provide a letter of guaranty for 15% of the bid amount or $150,000, whichever is less, to the U.S. Army Corps of Engineers within 10 days of contract award. The letter of assurance relates to solicitation number W5J9JE23R0010 for repairs to the air traffic control tower at Al Asad Air Base in Iraq. The financial institution guarantees it will issue the letter of guaranty containing the conditions in the sample provided in the solicitation to the bidder, should its bid for the tower repairs contract be selected for award.
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Text version
ATTACHMENT
SAMPLE PERFORMANCE SURETY - BANK LETTER OF ASSURANCE
[Bank Letterhead] [Place] [Date]
To: U.S. Army Corps of Engineers, Transatlantic Expeditionary District Attn: Contracting Officer Building T-340
APO, AE 09366
Letter of Assurance Number: __________________________________________
Subject: Letter of Assurance for Solicitation: _________________________________
I/We, the undersigned, acting as the duly authorized representatives of ____________________________ (Name of Financial Institution), assure that we will issue a Letter of Guaranty for account of ____________________________________ (Firm Name (for Joint Venture pursued under subject solicitation be awarded to them.
The Letter of Assurance is issued for _______________ (proposal amount), as presented by this firm, _______________________________________ (Firm Name).
The Letter of Guaranty will be issued for $__________ (15% of proposal amount or $150,000 whichever is less), as presented by this firm, __________________________ (Firm Name). The Letter of Guaranty will be provided to you within ten (10) calendar days after contract award and will contain all conditions listed in the sample provided by this solicitation.
In addition, I/We, the undersigned, acting as the duly authorized representatives of ________________________ (Name of Financial Institution), assure that ________________________ (Firm Name), can at any time obtain a Letter of Guaranty in accordance with Federal Acquisition Regulation (FAR) Clause 52.228-2, Additional Bond Security.
Sincerely, Authorized Representative of the Financial Institution
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