Attachment 13 - Bank Letter of Assurance Sample.docx

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Mamoeketsi Primary School, Lesotho
Solicitation number
IAF-23-008
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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: W912GB23R0046

PROJECT: IAF-23-0014 Electrification of Redemption Hospital, Liberia

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)

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