Solicitation_SJA800-16-R-0002_Attachment_J-11_Sample_Letter_of_Bank_Guaranty.pdf

Solicitation No. SJA800-16-R-0002

Attachment J-11

Attachment J-11 – Sample Letter of Bank Guaranty

(bank letterhead paper) Date [ ]

Contracting Officer

U.S. Embassy

1-10-5 Akasaka

Minato-ku, Tokyo 107-0052

Letter of Guaranty No. _______

SUBJECT: Performance/Payment Guaranty

The Undersigned, acting as the duly authorized representative of the bank, declares that the bank hereby guarantees to make payment to the

Contracting Officer by check made payable to the Treasurer of the

United States, immediately upon notice, after receipt of a simple written request from the Contracting Officer, immediately and entirely without any need for the Contracting Officer to protest or take any legal action or obtain the prior consent of the Contractor to show any other proof, action, or decision by another authority, up to the sum of [20% of the awarded annual contract price], which represents the deposit required of the Contractor to guarantee fulfillment of his/her obligations for the satisfactory, complete, and timely performance of the said contract [embassy contract number] for Building Maintenance

Services at the U.S. Embassy Tokyo in strict compliance with the terms, conditions and specifications of said contract, entered into between the U.S. Government and [name and address of Contractor] on

[contract date].

The undersigned agrees and consents that said contract may be modified by Change Order or Supplemental Agreement affecting the validity of the guaranty provided, however, that the amount of this guaranty shall remain unchanged.

The undersigned agrees and consents that the Contracting Officer may make repeated partial demands on the guaranty up to the total amount of this guaranty, and the bank will promptly honor each individual demand.

This letter of guaranty shall remain in effect until 3 months after completion of the guaranty period of Contract requirement.

Depository Institution: [Name]

Address: Location: ______________

Representative(s)*: _____ ___________ State of Inc.: ____________

________ ___________ Corporate Seal:

*Certificate of Authority is attached evidencing authority of the signer to bind the bank to this document.