Professional Documents
Culture Documents
BID BOND
Kuwait Oil Co. (K.S.C.)
P.O. Box 9758
61008 - Ahmadi
Kuwait
Dear Sirs,
We have the honour to advise you that we hereby guarantee Messrs. __________________
______________________________________ for the sum of Kuwaiti Dinars
___________________________________________ (KD __________/-) as a bid bond for
RFP - relating to the execution of LANDFILL MAINTENANCE AND
REPAIRS (SOUTH-EAST KUWAIT) for which they have submitted a bid.
This guarantee shall be valid for a period of 90 days from the bid closing date on _____ and no
claim may be made by you after the said 90 days.
We undertake to pay to your order upon first request from you the full amount mentioned above
regardless of any objection of Messrs. _________________________________ and we choose
Kuwait as our place of residence for all matters relating to the execution of this Guarantee, in
our branch ___________________________ (Address).
Signature:
Date:
Appendix A to the Particular Instructions to the Bidder
Dear Sirs,
We shall make payment hereunder notwithstanding any contestation by the said Contractor.
Our liability hereunder shall not be affected by any modifications or additions to the terms of the
said Contract or its scope or any extension of time which may be agreed between the said
Contractor and yourselves or by any indulgence or forbearance which you may grant to the said
Contractor.
Performance Bond shall be valid until the Date for Completion issuing the Certificate for Completion,
and any demand received by us thereafter shall be null and void.
Yours faithfully,
______________________________
(Name of Bank)
______________________________
(Address)
By:
_____________________________
(Authorized Signature)
_____________________________
(Date)