Uploaded on Mar 24, 2020
Bronze Wing Trading L.L.C. shares their success on helping a South African Construction Company to won lucrative construction project by facilitating Bid Bond Guarantee on behalf of the contractor & in favor of their developer. To read the full story, click https://importletterofcredit.com/bid-bond-guarantee To avail Bid Bond Guarantee from rated banks within 48 working hours, send us your requirements to [email protected] or call 0097145519699.
Bid Bond Guarantee – Tender Bid – Tender Bond
Presented By
www.importletterofcredit.co
m
Case Study:
Construction Firm Won a
Lucrative Construction
Project by Availing
Bid Bond Guarantee
from
Bronze Wing Trading
Bronzewt
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.
Problem: Challenge: Solution:
Contractor Required To Find Bid Bond BWT Provided Bid
Bid Bond Guarantee Guarantee Providers 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
Submit Your Requirements to us: [email protected]
visit https://importletterofcredit.com/bid-bond
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 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: [email protected]
Submit Your Requirements to us: [email protected]
visit https://importletterofcredit.com/bid-bond
Call Us: 00971-4-5519699
Submit Your Requirements to us: [email protected]
visit https://importletterofcredit.com/bid-bond
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