B.08 RFP_Att#8 - Bank Letter of Assurance (BLA) Template.docx
DOCX document 17 KB Posted
- Solicitation number
- W912GB26RA030
- Issued by
-
Department of the Army European Command
About this file
This file is a Bank Letter of Assurance (BLA) template for Solicitation W912GB26RA0030, a design-build construction contract for a Water Supply Storage System in Bazum Village, Armenia, issued by the US Army Corps of Engineers, Europe District. The template is provided to prospective offerors as a required submission document during the proposal phase.
The BLA template requires a bidder's bank to assure that it will issue a Bank Letter of Guaranty equal to 10% of the proposed contract price upon contract award. The bank must commit to providing the Letter of Guaranty within 14 calendar days after contract award and confirm the firm's ability to obtain additional bond security at any time in accordance with FAR Clause 52.228-2. Offerors must complete the template with their firm name, the bank name and authorized representative, and the 10% guaranty amount based on their proposed price. The completed BLA must be submitted with the proposal and signed by an authorized bank representative.
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Text version
BANK LETTER OF ASSURANCE
(BANK LETTERHEAD)
DATE
US Army Corps of Engineers, Europe District ATTN: Contracting Officer McCully Barracks, Bldg. 6206 Ober-Olmer-Strasse 55263 Ingelheim am Rhein, Germany
SUBJECT: Bank Letter of Assurance for Solicitation: W912GB26RA0030
PROJECT: Water Supply System for Bazum Village, Bazum, Armenia
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 .