Catalogue / Bank guarantees & surety bonds
Bid bond and EMD substitution, Volt seriesSample
by Godavariakshay Advisory (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Bid bond and EMD substitution from Godavariakshay, Volt series: 4 guarantee amount options between INR 1 crore and INR 100 crore. Key features: relief to working capital, alternative to cash margin and tender-format compliance check. Typically used for exporters, EPC contractors bidding for projects and equipment suppliers. 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 All India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Godavariakshay
- Model
- GOD-226 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
- All 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 1 croreGOD-226-01 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 5 croreGOD-226-02 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 25 croreGOD-226-03 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 100 croreGOD-226-04 | Guarantee amount: INR 100 crore | 1 job · Renewals 3 days | on quote |
Specifications
| Guarantee amount | INR 1 crore 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 | 24 months |
| Margin | Nil with surety |
| Collateral | Fixed depositmade to order: Hypothecation of receivables |
| Issuance time | 1-2 weeksmade to order: 3-5 days |
| Beneficiary acceptance | Beneficiary format verifiedmade to order: Format as per tender |
| Claim handling | Notification support |
| Renewal | Auto-reminder |
| Fee basis | One-time |