15. sp6_Tender Guarantee.docx

Tender guarantee form

Specimen tender guarantee

To be completed on paper bearing the letterhead of the financial institution

For the attention of <address of the contracting authority> referred to below as the ‘contracting authority’

<Date>

Title of contract: < Title of contract>

Identification number: <Publication reference>

We, the undersigned, <name and address of financial institution>, hereby irrevocably declare that we will guarantee as primary obligor, and not merely as a surety on behalf of <tenderer's name and address> the payment to the contracting authority of <amount of the tender guarantee>, this amount representing the guarantee referred to in article 11 of the contract notice.

Payment shall be made without objection or legal proceedings of any kind, upon receipt of your first written claim (sent by registered letter with confirmation of receipt) if the tenderer does not fulfil all obligations stated in its tender. We shall not delay the payment, nor shall we oppose it for any reason whatsoever. We shall not under any circumstances benefit from the defences of the security. We shall inform you in writing as soon as payment has been made.

We note that the guarantee will be released at the latest within 45 days of the expiry of the tender validity period, including any extensions, in accordance with Article 8 of the Instructions to tenderers [and in any case at the latest on (1 year after the deadline for submission of tenders)].

The law applicable to this guarantee shall be that of <name of country>

The guarantee will enter into force and take effect from the submission deadline of the tender.

Name: …………………………… Position: …………………

Signature: ……………………….Date: