FORM OF TENDER SECURITY (TENDER BOND) [. The Surety shall fill in this Tender Bond Form in accordance with the instructions indicated.] BOND NO. BY THIS BOND [name of Tenderer] as Principal (herein after called “the Principal”), and [name, legal title, and address of surety],authorized to transact business in Kenya ,as Surety (hereinafter called “the Surety”), are held and firmly bound unto [name of Procuring Entity] as Obligee (hereinafter called “the Procuring Entity”) in the sum of [amount of Bond][amount in words], for the payment of which sum, well and truly to be made, we, the said Principal and Surety, bind ourselves, our successors and assigns, jointly and severally, firmly by these presents. WHERE AS the Principal has submitted or will submit a written Tender to the Procuring Entity dated the day of , 20 , for the supply of [name of Contract](herein after called the “Tender”).
