Bid Bond Guarantee - Tender Bid - Tender Bond

1. Case Study: Case Study: Construction Firm Won a Construction Firm Won a Lucrative Construction Lucrative Construction Project by Availing Project by Availing Bid Bond Guarantee Bid Bond Guarantee from from Bronze Wing Trading Bronze Wing Trading Bronzewt Presented By www.importletterofcredit.com

2. Introduction Bid Bond Guarantee is a written assurance given by bank on behalf of contractors to guarantee the developer that bidder will honor the terms of the bid, if awarded. Also, it assures the developer that if the contractor fails to perform the job as per the terms stated in the bid, then the developer will be compensated. Having Bid Bond Guarantee increases the chances of winning the contract & also assures the developer that the project will be completed as per the bidding contract. Bronze Wing Trading have a track record in helping contractors to avail Bid Bond Guarantee on behalf of their company & in favor of their developer to get pre-qualified to enter into the bidding contest and to increase the chance of winning the bid. Here, BWT shares their success on how they helped a construction firm to won the bidding contest by providing Bid Bond Guarantee on the contractor’s behalf. Challenge: Problem: Solution: To Find Bid Bond Contractor Required BWT Provided Bid Guarantee Providers Bid Bond Guarantee Bond Guarantee Problem: Contractor Required Bid Bond Guarantee The South African Construction firm decided to bid for the construction project. For this, the developer demanded Bid Bond Guarantee along with the tender documents from the contractor to secure themselves from any default after winning the bid. To increase the chance of winning the bid, the contractor agreed to provide Bid Bond Guarantee and contacted their bank with the Bid Bond Guarantee request. As they had a low credit score, the bank rejected their request. So, they started looking for other ways to avail Bid Bond guarantee on behalf of their company. Challenge: To Find Bid Bond Guarantee Providers The contractor did their best to search online to find the reliable and genuine providers. By their luck, they found Bronze Wing Trading via Facebook News Feed. They instantly visited Submit Your Requirements to us: support@importletterofcredit.com visit https://importletterofcredit.com/bid-bond

3. our website & studied the process mentioned on the website and applied for Bid Bond Guarantee via website online form. Solution: BWT Provided Bid Bond Guarantee on Their Behalf Our team at BWT analyzed the contractual documents of the client to ensure whether they are eligible to proceed with their Bid Bond request or not. As they comply with all our terms, we approved their request. Accordingly, they paid the admin charges & provided all the documents needed. Instantly, we blocked our bank limit & provided the Bid Bond draft for their approval. The client approved the Bid Bond draft and paid the issuance fee charges. Finally, we instructed our bank to issue the required Bid Bond guarantee on behalf of the contractor to the developer’s bank. And the bank transmitted the required Bid Bond via authenticated Swift MT760 within 2 banking days. Final Outcome The Contractor submitted the Bid documents along with a copy of Bid Bond Guarantee already issued in favor of developer & qualified to enter into the Bidding Contest. And finally, they won the construction contract. Are You Going To Submit The Bid For The Upcoming Project Or Trade Deal? Avail Bid Bond Guarantee From Us To Increase The Chance Of Winning The Bid! Apply for Bid Bond Guarantee Now Contact Details Address: Office 3002, Aspect Tower, Business Bay, Dubai, UAE. Visit Us: www.importletterofcredit.com Email Us: support@importletterofcredit.com Call Us: 00971-4-5519699 Submit Your Requirements to us: support@importletterofcredit.com visit https://importletterofcredit.com/bid-bond