B.08.02 ar182_Att #10 Bank Letter of Assurance Sample.docx
DOCX document 17 KB Posted
- Attached to
- IAF-24-0002 C Botswana - Seronga Helath Clinic
- Solicitation number
- W912GB24R0034
- Issued by
-
Department of the Army European Command
About this file
This document contains a bank letter of assurance template and details of a federal contract opportunity for construction of a health clinic in Botswana. The bank letter of assurance is to be provided by an offeror's bank within 14 calendar days of contract award, guaranteeing the offeror can obtain performance and payment bonds equal to 10% of the proposed contract price. The federal contract opportunity involves a design-build project for construction of a health clinic facility in Seronga, Ngamiland District, Botswana, including related construction items. The estimated value is between $250,000 and $500,000. The solicitation will result in a single firm-fixed price contract awarded using a best value tradeoff method. The contract currency will be US dollars and the contracting agency is the US Army Corps of Engineers Europe District.
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Text version
BANK LETTER OF ASSURANCE
(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: W912GB24R0034
PROJECT: IAF-24-0002_C Seronga Health Clinic, Botswana
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 $ [10% of proposed price], as presented by this firm, ________________________ (Firm Name).
The Bank Letter of Guaranty will be issued for $ [10% of proposed price], as presented by this firm, ___________________________. The Bank Letter of Guaranty will be provided to you within 14 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 ________________________ (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) |
File details come from the government source that posted it. Updated .