B.08 Att10 - Bank Letter of Assurance (BLA) Template_IAF-24-0001.docx
DOCX document 17 KB Posted
- Solicitation number
- W912GB24R0048
- Issued by
-
Department of the Army European Command
About this file
This document is a Bank Letter of Assurance template related to the federal contract opportunity for the IAF-24-0001 Phillip Mtywaku Secondary School Renovation project in South Africa.
The key details are:
- The US Army Corps of Engineers, Europe District is soliciting proposals for a design-build project to construct a new 5-classroom building, renovate the existing kitchen and library, and provide site work at the Phillip Mtywaku Secondary School.
- The anticipated contract value is between $1-5 million USD and the performance period is 450 calendar days.
- The contract will be a Firm Fixed Price design-build contract awarded through full and open competition, with no small business set-asides.
- The Bank Letter of Assurance template states that the bank will issue a Bank Letter of Guaranty for 10% of the proposed price within 14 days of contract award, as required by the solicitation.
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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: W912GB24PXXXX
PROJECT: IAF-24-0001 Phillip Mtywaku Secondary School Eastern Cape, South Africa
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 .