TENDER BOND (GUARANTEE)
Name of the bank: In accordance with the Invitation to tender for the provision of real estate sales services – the sale of diplomatic real estate in New Yok (United States of America), Tokyo (Japan), Bonn (Germany), and Berne (Switzerland), dated ______________ for the following transaction: 1. Service of brokering the sale of immovable property listed above by a single real estate agency, which will be awarded the contract by the successor states of the former SFRY for the needs of the Contracting Authority (beneficiary of this guarantee), the Tenderer _______________________________________________________________________ is bound - in order to prove seriousness of the Tender in this procurement procedure - to submit a bank guarantee amounting to USD 50,000.00 (fifty thousand 00/100).
The bank is bound to pay the sum indicated in the following cases: We hereby undertake to be bound within 15 days upon the receipt of the first written claim of the Contracting Authority to pay to the Contracting Authority the abovementioned sum without requiring any additional argumentation, if it states in its claim that this sum belongs to it due to the occurrence of one or both of the above cases and states which case or cases occurred.
The claim invoking the bond shall be submitted to the bank and it shall contain:
This bond decreases with each, by this guarantee, realized payment.
If we do not receive any claim from you regarding the payment of the guaranteed sum within 90 days from the deadline for submitting tenders, this guarantee ceases to be valid regardless of whether it has been returned.
Bank INSTRUCTIONS FOR COMPLETING THE FORM*: Tender Bond (Form B-1) The Tenderer may submit equivalent suretyship insurance with an insurance company with the same content as defined in this sample. |