L1.C (Template 1.C) - Surety Form.docx

Template 1.C

PERFORMANCE BOND/SURETY FORM

USAID SOL XXXXXXXXXXXXX

(Ability to Obtain Performance Bond/Surety: To be completed by Surety and submitted by Prospective Contractor) The purpose of this form is for USAID Malawi to collect information on the prospective contractor’s ability to obtain a performance bond for the purpose of a construction project. Alternatively, the prospective contractor’s insurer or bank may provide an official letter that informs USAID of the bank or insurer’s willingness to fully cover the prospective contractor’s performance bond should they be successful in their bid.

Surety Name:

Agent’s Name:

Address:

Phone Number:

Prospective contractor Name:

Address:

Phone Number:

How long have you provided bonding for the above prospective contractor?

Bonding Limit for a Single Project:

Aggregate Bonding Amount currently used by the prospective contractor:

Current Bonding Amount Available to the prospective contractor:

Have you ever had to finish/complete a project for the prospective contractor (Yes/No)?

If yes, explain:

Have there ever been complaints of non-payment by Subcontractor/Suppliers of the prospective contractor? (Yes/No)?

Has the Surety had to pay Subcontractors/Suppliers of the prospective contractor? (Yes/No)?

Note: Form may be expanded.

Template 1.C – Surety Form rev.1 02/22 Page of