B.08 RFP Att 10 - Bank Letter of Assurance Sample.docx
DOCX document 17 KB Posted
- Attached to
- IAF-25-0004 Ndava Primary School Construction
- Solicitation number
- W912GB25R0041
- Issued by
-
Department of the Army European Command
About this file
This document is a Bank Letter of Assurance template for the Ndava Primary School Construction project (Solicitation W912GB25R0041) in Oyem, Gabon. The letter requires a bank to commit to issuing a Bank Letter of Guaranty for 10% of the proposed contract price within 14 calendar days after contract award. The letter confirms the bank's ability to provide additional bond security in accordance with Federal Acquisition Regulation (FAR) requirements.
The related federal contract opportunity involves a design-build project for constructing a new primary school facility, which includes two classroom buildings, rainwater collection systems, ventilated improved pit (VIP) latrines, an access road, parking lot, perimeter fence, concrete aprons and ramps, and power and lighting infrastructure. The project is a full and open procurement under NAICS code 236220 with a size standard of $45,000,000, managed by the Department of the Army European Command and located in Gabon at coordinates 1°34'28.88"N, 11°33'10.89"E.
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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: W912GB25R0041
PROJECT: IAF-25-0004 Ndava School Construction, Gabon
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 .