B.08 Att 10 Bank Letter of Assurance (BLA).docx

DOCX document 17 KB Posted

Attached to
Mat Fire Rescue Station, Albania
Solicitation number
W912GB25R0038
Issued by

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This document is a Bank Letter of Assurance (BLA) for a US Army Corps of Engineers solicitation (W912GB25R0038) for a fire station construction project in Albania. The bank commits to issuing a Bank Letter of Guaranty for 10% of the proposed contract price within 14 calendar days after contract award. The project involves constructing a single-story fire and rescue station with three emergency vehicle bays, with an estimated construction value between $500,000 and $1,000,000. The solicitation is a full and open competition using a best value trade-off acquisition method, with the contract to be awarded in US dollars under NAICS code 236220, which has a size standard of $45,000,000.

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Text version

BANK LETTER OF ASSURANCE

(BANK LETTERHEAD)

DATE

US Army Corps of Engineers, Europe District ATTN: Contracting Officer Konrad-Adenauer-Ring 39, Box 7 65187 Wiesbaden, Germany

SUBJECT: Bank Letter of Assurance for Solicitation: W912GB25R0038

PROJECT: IEU-25-0026 Mat Fire Station, Albania

I/We, the undersigned, acting as the duly authorized representatives of ___________________ _______________________ (Bank Name), assure that we will issue a Bank Letter of Guaranty for account of ____________________________________________ (Firm Name (for Joint Venture – each party’s name shall be listed)), should the contract pursued under subject solicitation be awarded to them.

The Bank Letter of Assurance is issued for $ [10% of proposed price], as presented by this firm, ________________________ (Firm Name).

The Bank Letter of Guaranty will be issued for $ [10% of proposed price], as presented by this firm, ___________________________. The Bank Letter of Guaranty will be provided to you within 14 calendar days after contract award and will contain all conditions listed in the sample provided by this solicitation (copy attached for reference on page 2).

In addition, I/We, the undersigned, acting as the duly authorized representatives of ________________________ (Bank Name), assure that ________________________ (Firm Name), can at any time obtain a Bank Letter of Guaranty in accordance with Federal Acquisition Regulation (FAR) Clause 52.228-2, Additional Bond Security.

Sincerely,

_________________________________
(Authorized Representative of the Bank)

File details come from the government source that posted it. Updated .