Bid Bond Guarantee – Tender Bid – Bid Bond
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Transcript of Bid Bond Guarantee – Tender Bid – Bid Bond
Case Study:Bronze Wing Trading
Helped a Construction Firm to Win the Tender
withBid Bond Guarantee
Presented bywww.importletterofcredit.com
Construction Firm Win the Tender with Bid Bond Guarantee
01
Problem: Developer Demanded Bid Bond Guarantee
02
Challenge: Avail Bid Bond Guarantee to Contest in a Bid
03
Solution: BWT Provided Bid Bond in Favor of the Developer
A Construction Firm in South Africa required Bid Bond Guarantee to win the tender of the large construction project. For this, Bronze Wing Trading assisted them by facilitating Bid Bond/Tender Bid Guarantee from rated banks within 48 working hours.
Problem: Developer Demanded Bid Bond Guarantee
A Construction Firm in South Africa submitted their proposal
for the bidding of a construction project.
The developer asked for a Bid Bond Guarantee along with
the proposal to secure themselves from any default.
So, the contractor started the process to avail Bid Bond
Guarantee on behalf of their company and in favor of their
developer.
Challenge: Avail Bid Bond Guarantee to Contest in a Bid
The Contractor contacted their Bank to avail Bid Bond
Guarantee on behalf of their company, but the bank declined
their request, as they didn’t have sufficient financial means.
On the other hand, when they approached other financial
institutions to avail Bid Bond Guarantee, they demanded
cash margin or very high fees to issue the Bid Bond
Guarantee.
By luck, the contractor found Bronze Wing Trading L.L.C.
from Facebook Ad and they contacted us with their Bid Bond
request.
Solution: BWT Provided Bid Bond in Favor of the Developer
Our team carefully analyzed their contractual document & approved
their request. The client signed the service agreement with us & paid
the admin charges to initiate the transaction.
Then, we sent the Bid Bond draft for their approval. Also, we asked
them to pay the Bid Bond issuance fee & provide required documents
to proceed with the issuance of Bond.
After receiving the draft approval, documents & charges, we
instructed our bank to issue the required Bid Bond to the developer’s
bank via authenticated Swift MT760.
Final Outcome: The Contractor Entered into the Contest & Won the Tender
The Contractor submitted the proposal along with the Bid Bond Guarantee & got pre-qualified to enter into the bidding contest. Finally, the contractor won the bid of the Construction project.
The Contractor Thanked Us for Providing the Required Guarantee Within Set Time Limit.
This is How the South African Contractor Won the Multi-Million Construction Project!
Read the Full Story – Click Here
Avail Bid Bond Guarantee from Us & Get Qualified to Enter the Bidding Contest
Contact Bronze Wing Trading L.L.C. to avail Bid Bond Guarantee
on behalf of your company without blocking your working
capital.
We provide Bid Bond Guarantee on behalf of your company from
rated banks within 48 working hours! Apply For Bid Bond Guarantee
Avail Bid Bond Guarantee from Us & Get Qualified to Enter the Bidding Contest
Contact Bronze Wing Trading L.L.C. to avail Bid Bond Guarantee
on behalf of your company without blocking your working
capital.
We provide Bid Bond Guarantee on behalf of your company from
rated banks within 48 working hours! Apply For Bid Bond Guarantee
Contact Bronze Wing Trading L.L.C. We Can Provide Complete Solution for All Your Trade Finance Needs!
00971-4-5519699
Office 3002, 30th Floor, Aspect Tower, Al-Sa'ada Street, Business Bay, Dubai, UAE.
For All Your Queries, Visit https://importletterofcredit.com