Catalogue / Bank guarantees & surety bonds
Retention money guarantee, Plus 5 seriesSample
by Coorgshakti Energy Services (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Coorgshakti Plus 5 retention money guarantee, offered in 4 guarantee amount options from INR 10 lakh to INR 5 crore. Design: bank and surety quotes compared, quick turnaround for bids and tender-format compliance check. Used by equipment suppliers, exporters and EPC contractors bidding for projects. Delivered in line with IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees and Indian Contract Act 1872. Mobilisation Issuance in 3-10 days; serves North India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Coorgshakti
- Model
- COO-441 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Issuance in 3-10 days
- Warranty
- Verification letter provided
- Standards
- IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
- Delivers to
- North 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-441-01 | Guarantee amount: INR 10 lakh | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 50 lakhCOO-441-02 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 1 croreCOO-441-03 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 5 croreCOO-441-04 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | on quote |
Specifications
| Guarantee amount | INR 10 lakh to INR 5 crore (see variants) |
|---|---|
| Instrument | Insurance surety bondmade to order: Bank guarantee / Standby letter of credit |
| Purpose | Retention |
| Validity | 36 monthsmade to order: 12 months / 24 months |
| Margin | 10-25% |
| Collateral | Fixed deposit |
| Issuance time | 1-2 weeksmade to order: 3-5 days |
| Beneficiary acceptance | Format as per tendermade to order: Beneficiary format verified |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Managed renewal |
| Fee basis | One-time |