Catalogue / Bank guarantees & surety bonds

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Bid bond and EMD substitution, Edge seriesSample

by Jhelum Associates (Sample) · verified by BARREL

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Ordered and invoiced through BARREL — one contract, one GST invoice.

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The Edge service of bid bond and EMD substitution by Jhelum covers 6 guarantee amount options (INR 10 lakh to INR 100 crore). Highlights: relief to working capital, alternative to cash margin and bank and surety quotes compared. Typically used for EPC contractors bidding for projects, equipment suppliers 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 All India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Jhelum
Model
JHE-221 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
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

VariantSpecificationsMin. order · lead timePrice, ex GST
Guarantee amountINR 10 lakhJHE-221-01Guarantee amount: INR 10 lakh1 job · Issuance in 3-10 dayson quote
Guarantee amountINR 50 lakhJHE-221-02Guarantee amount: INR 50 lakh1 job · Issuance in 3-10 dayson quote
Guarantee amountINR 1 croreJHE-221-03Guarantee amount: INR 1 crore1 job · Issuance in 3-10 dayson quote
Guarantee amountINR 5 croreJHE-221-04Guarantee amount: INR 5 crore1 job · Issuance in 3-10 dayson quote
Guarantee amountINR 25 croreJHE-221-05Guarantee amount: INR 25 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 100 croreJHE-221-06Guarantee amount: INR 100 crore1 job · Renewals 3 dayson quote

Specifications

Guarantee amountINR 10 lakh to INR 100 crore (see variants)
InstrumentInsurance surety bond
PurposeAdvance payment
Validity24 months
MarginNil with suretymade to order: 10-25%
CollateralFixed deposit
Issuance time3-5 daysmade to order: 1-2 weeks
Beneficiary acceptanceBeneficiary format verified
Claim handlingDocumentation review
RenewalAuto-reminder
Fee basisPer annum percentagemade to order: One-time

BARREL: Bharat Atom Renewable Resources Energy Limited