Catalogue / Bank guarantees & surety bonds
Performance bank guarantee facility, Neo 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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Godavariakshay Neo performance bank guarantee facility, offered in 4 guarantee amount options from INR 1 crore to INR 100 crore. Key features: tender-format compliance check, extension management and quick turnaround for bids. Typically used for 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 Renewals 3 days; serves All India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Godavariakshay
- Model
- GOD-326 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Renewals 3 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-326-01 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 5 croreGOD-326-02 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 25 croreGOD-326-03 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 100 croreGOD-326-04 | 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 | Insurance surety bondmade to order: Bank guarantee / Standby letter of credit |
| Purpose | Retentionmade to order: Bid security / Advance payment / Performance |
| Validity | 24 months |
| Margin | Nil with suretymade to order: 10-25% |
| Collateral | Fixed depositmade to order: Hypothecation of receivables |
| Issuance time | 3-5 daysmade to order: 1-2 weeks |
| Beneficiary acceptance | Format as per tender |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Auto-reminder |
| Fee basis | Per annum percentagemade to order: One-time |