Attachment D (Amdt 0003) - Bank Letter of Assurance Sample.pdf

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Attached to
Mosul Youth Detention Center, Mosul Iraq
Solicitation number
W5J9JE-23-R-0008
Issued by

About this file

This solicitation is for renovations to the Mosul Youth Detention Center in Mosul, Iraq. The work includes demolishing and constructing a new guard barracks, replacing portions of the north and east perimeter walls, adding additional guard towers, constructing a new enclosure for the center yard, and replacing the generator. Furnishings, fixtures and equipment such as metal detectors, an airport baggage scanner, new security cameras and fire extinguishers will also be provided. The solicitation was issued by the Department of the Army Corps of Engineers for minor renovations to improve security, force protection and safety at the facility.

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ATTACHMENT D

SAMPLE PERFORMANCE SURETY - BANK LETTER OF ASSURANCE

[Bank Letterhead]

[Place]

[Date]

To: U.S. Army Corps of Engineers, Transatlantic Expeditionary District

Attn: 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

File details come from the government source that posted it. Updated .