B.08.02 Att 14 Bank Letter of Assurance Sample.docx

DOCX document 17 KB Posted

Attached to
IAF-23-0009 Mauritania - Hassi Ehel Ahmed Bichna School
Solicitation number
W912GB23R0044
Issued by

About this file

This is a sample bank letter of assurance template to be provided by a bidder for the solicitation IAF-23-0009 Mauritania - Hassi Ehel Ahmed Bichna School from the Department of the Army European Command. The letter assures the contracting officer that the bank will issue a letter of guaranty for 10% of the proposed price within 14 calendar days of contract award, containing the conditions in the sample provided. It also assures the ability to obtain additional bond security in accordance with FAR Clause 52.228-2. The solicitation is for the Mauritania - Hassi Ehel Ahmed Bichna School project to be awarded by the Department of the Army European Command.

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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: W912GB23R0044

PROJECT: IAF-23-0009 Mauritania - Hassi Ehel Ahmed Bichna School

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.

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 .