bid guarantee
The bid bond refers to the written guarantee issued by the bank to ensure that the bidder can't cancel the bid documents and conclude a contract with the tenderer after winning the bid without justifiable reasons.
warranty period
The validity period of the bid bond shall be stipulated in the guarantee contract, and the deadline of the validity period of the guarantee contract shall be 30 days to 180 days after the validity period of the bid.
amount guaranteed
The amount of guarantee is generally 2% of the total bid price, and the maximum is generally not more than 800,000 yuan.
Guarantee mode
It is stipulated by the tenderer in the tender documents or agreed in the project construction contract, and can be in the form of bank guarantee, professional guarantee company guarantee, deposit (deposit) and so on.
Processing flow (the letter will be sent as early as the same day)
1. Submit electronic bidding documents and business license;
2. Analyze the project type and guarantee requirements, such as bank requirements or format requirements:
(1) General format for general projects, direct submission letter;
(2) For special projects (such as PPP, World Bank, online search guarantee, remote areas) and special formats (including collusive bidding, false materials, and other circumstances in which the deposit is not returned), revolutionary payment shall be made after signing an agreement, providing personal counter-guarantee or sending a letter as appropriate;
3. issue a scanned copy of the letter of guarantee and send the original by express delivery.