WHEREAS the Procuring Entity invited Tenders for certain goods and related services, viz, [brief description of goods and related services] and has accepted a Tender by the Supplier for the supply of those goods and related services in the sum of Taka [Contract Price in figures and in words] (hereinafter called “the Contract Price”).
WHEREAS. We [insert complete name of Manufacturer], who are official manufacturers of[insert type of goods manufactured], having factories at authorize [insert complete name of Tenderer]to supply the following Goods, manufactured by us [insert name and or brief description of the Goods]. We hereby extend our full guarantee and warranty as stated underGCC Clause 31 of the General Conditions of Contract, with respect to the Goods offered by the above Tenderer. Signed: [insert signature(s) of authorized representative(s) of the Manufacturer] Name: [insert complete name(s) of authorized representative(s) of the Manufacturer] Address: [insert full address including Fax and e-mail] Title: [insert title] Date: [insert date of signing] Invitation for Tender No: Date: Tender Package No: Tender Lot No: To: [Name and address of Procuring Entity] TENDER GUARANTEE No:[xxxxx number] We have been informed that [insert name of Tenderer] (hereinafter called “the Tenderer”) intends to submit to you its Tender dated [insert date of Tender] (hereinafter called “the Tender”) for the supply of [description of goods and related services] under the above Invitation for Tenders (hereinafter called “the IFT”). Furthermore, we understand that, according to your conditions, Tenders must be supported by a Bank Guarantee for Tender Security. At the request of the Tenderer, we [insert name of Bank] hereby irrevocably unconditionally undertake to pay you, without cavil or argument, any sum or sums not exceeding in total an amount of Tk [insert amount in figures and in words] upon receipt by us of your first written demand accompanied by a written statement that the Tenderer is in breach of its obligation(s) under the Tender conditions, because the Tenderer: a. has withdrawn its Tender after opening of Tenders but within the validity of the Tender Security ; or b. refused to accept the Notification of Award (NOA) within the period as stated under Instructions to Tenderers (ITT) ; or c. failed to furnish Performance Security within the period as stipulated in the NOA; or d. refused to sign the Contract Agreement by the time specified in the NOA; or e. did not accept the correction of the Tender price following the correction of the arithmetic errors in accordance with the ITT. This guarantee will expire: (a) if the Tenderer is the successful Tenderer, upon our receipt of a copies of the contract signed by the Tenderer and the Performance Security issued to you in accordance with the ITT; or (b) if ...
WHEREAS the Procuring Entity invited Tenders for certain Services named [brief description of Service] and has accepted the Tender submitted by the Tenderer for providing those Services in the sum of Taka [Contract price in figures and in words] (hereinafter called “the Contract price”).