Attachment 5 - BANK LETTER OF ASSURANCE.docx

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Attached to
Fiscal Year 2017 (FY17) Playgrounds Single Award Task Order Contract (SATOC)
Solicitation number
W912GB-17-R-0009
Issued by

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BANK LETTER OF ASSURANCE (SAMPLE)

(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: W912GB-17-R-0009

PROJECT: FY2017 Germany, Belgium, Spain, Italy, Netherlands, and Turkey Playground Inspection, Maintenance and Repair Contract

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 €300,000, as presented by this firm, _______________________________ (Firm Name).

The Bank Letter of Guaranty will be issued for thirty percent (30%) of the value of the task order, as presented by this firm, ______________________________________________________. The Bank Letter of Guaranty will be provided to you within 7 days after each task order 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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