Attachment D (Amdt 0001) - Bank Letter of Assurance Sample.pdf

ATTACHMENT D

SAMPLE PERFORMANCE SURETY - BANK LETTER OF ASSURANCE

[Bank Letterhead] [Place] [Date]

To: U.S. Army Corps of Engineers, Transatlantic Expeditionary District Attn: Yvette Walker, Contracting Officer Building T-340

APO, AE 09366

Letter of Assurance Number: __________________________________________

Subject: Letter of Assurance for Solicitation: _________________________________

I/We, the undersigned, acting as the duly authorized representatives of ____________________________ (Name of Financial Institution), assure that we will issue a 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 Letter of Assurance is issued for _______________ (proposal amount), as presented by this firm, _______________________________________ (Firm Name).

The Letter of Guaranty will be issued for $__________ (15% of proposal amount or $150,000 whichever is less), as presented by this firm, __________________________ (Firm Name). The Letter of Guaranty will be provided to you within ten (10) 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 ________________________ (Name of Financial Institution), assure that ________________________ (Firm Name), can at any time obtain a Letter of Guaranty in accordance with Federal Acquisition Regulation (FAR) Clause 52.228-2, Additional Bond Security.

Sincerely, Authorized Representative of the Financial Institution