Catalogue / Bank guarantees & surety bonds
Advance payment guarantee arrangement, Xtra 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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Advance payment guarantee arrangement from Coorgshakti, Xtra series: 4 guarantee amount options between INR 50 lakh and INR 25 crore. Design: bank and surety quotes compared, alternative to cash margin and relief to working capital. Suited to developers, EPC contractors bidding for projects and exporters. 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-1D5 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Issuance in 3-10 days
- Warranty
- As per guarantee terms
- 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 50 lakhCOO-1D5-01 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 1 croreCOO-1D5-02 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 5 croreCOO-1D5-03 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 25 croreCOO-1D5-04 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
Specifications
| Guarantee amount | INR 50 lakh to INR 25 crore (see variants) |
|---|---|
| Instrument | Standby letter of creditmade to order: Bank guarantee / Insurance surety bond |
| Purpose | Performancemade to order: Bid security / Advance payment / Retention |
| Validity | 12 months |
| Margin | Nil with suretymade to order: 10-25% |
| Collateral | Fixed deposit |
| Issuance time | 3-5 daysmade to order: 1-2 weeks |
| Beneficiary acceptance | Format as per tendermade to order: Beneficiary format verified |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Managed renewalmade to order: Auto-reminder |
| Fee basis | One-time |