Catalogue / Bank guarantees & surety bonds
Performance bank guarantee facility, Titan seriesSample
by Coorg Associates (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Coorg Titan performance bank guarantee facility, offered in 6 guarantee amount options from INR 10 lakh to INR 100 crore. Design: alternative to cash margin, extension management and relief to working capital. Used by EPC contractors bidding for projects, exporters and equipment suppliers. Delivered in line with IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees and Indian Contract Act 1872. Mobilisation Renewals 3 days; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Coorg
- Model
- COO-328 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Renewals 3 days
- Warranty
- As per guarantee terms
- Standards
- IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
- Delivers to
- West India
- GST rate
- 18 %
- Country of origin
- India
- Delivery terms
- Site mobilisation as per work order
- Returns
- Re-work of defective scope at no cost
- Other terms
- Sample data for testing; not a real offer.
Variants
| Variant | Specifications | Min. order · lead time | Price, ex GST |
|---|---|---|---|
| Guarantee amountINR 10 lakhCOO-328-01 | Guarantee amount: INR 10 lakh | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 50 lakhCOO-328-02 | Guarantee amount: INR 50 lakh | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 1 croreCOO-328-03 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 5 croreCOO-328-04 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 25 croreCOO-328-05 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 100 croreCOO-328-06 | Guarantee amount: INR 100 crore | 1 job · Renewals 3 days | on quote |
Specifications
| Guarantee amount | INR 10 lakh to INR 100 crore (see variants) |
|---|---|
| Instrument | Bank guaranteemade to order: Insurance surety bond / Standby letter of credit |
| Purpose | Bid securitymade to order: Advance payment / Performance / Retention |
| Validity | 36 monthsmade to order: 12 months / 24 months |
| Margin | 10-25%made to order: Nil with surety |
| Collateral | Fixed depositmade to order: Hypothecation of receivables |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Beneficiary format verifiedmade to order: Format as per tender |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Managed renewal |
| Fee basis | One-time |