Catalogue / Bank guarantees & surety bonds

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Bid bond and EMD substitution, Flex seriesSample

by Nalanda Corporate Services (Sample) · verified by BARREL

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

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Bid bond and EMD substitution from Nalanda, Flex series: 6 guarantee amount options between INR 10 lakh and INR 100 crore. Design: tender-format compliance check, relief to working capital and bank and surety quotes compared. Typically used for exporters, equipment suppliers 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 Renewals 3 days; serves South India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Nalanda
Model
NAL-222 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Renewals 3 days
Warranty
As per guarantee terms
Standards
IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
Delivers to
South 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 lakhNAL-222-01Guarantee amount: INR 10 lakh1 job · Renewals 3 dayson quote
Guarantee amountINR 50 lakhNAL-222-02Guarantee amount: INR 50 lakh1 job · Renewals 3 dayson quote
Guarantee amountINR 1 croreNAL-222-03Guarantee amount: INR 1 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 5 croreNAL-222-04Guarantee amount: INR 5 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 25 croreNAL-222-05Guarantee amount: INR 25 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 100 croreNAL-222-06Guarantee amount: INR 100 crore1 job · Renewals 3 dayson quote

Specifications

Guarantee amountINR 10 lakh to INR 100 crore (see variants)
InstrumentInsurance surety bondmade to order: Bank guarantee / Standby letter of credit
PurposePerformance
Validity24 months
Margin10-25%made to order: Nil with surety
CollateralHypothecation of receivables
Issuance time1-2 weeksmade to order: 3-5 days
Beneficiary acceptanceFormat as per tendermade to order: Beneficiary format verified
Claim handlingDocumentation review
RenewalManaged renewalmade to order: Auto-reminder
Fee basisPer annum percentagemade to order: One-time

BARREL: Bharat Atom Renewable Resources Energy Limited