Catalogue / Bank guarantees & surety bonds
Bid bond and EMD substitution, Core 2 seriesSample
by Pushpakmax Energy Markets (Sample) · verified by BARREL
Price for verified buyers
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Bid bond and EMD substitution from Pushpakmax, Core 2 series: 4 guarantee amount options between INR 50 lakh and INR 25 crore. Key features: relief to working capital, tender-format compliance check and bank and surety quotes compared. Suited to developers, 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 Renewals 3 days; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Pushpakmax
- Model
- PUS-228 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
- West 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 lakhPUS-228-01 | Guarantee amount: INR 50 lakh | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 1 crorePUS-228-02 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 5 crorePUS-228-03 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 25 crorePUS-228-04 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | for verified buyers |
Specifications
| Guarantee amount | INR 50 lakh to INR 25 crore (see variants) |
|---|---|
| Instrument | Standby letter of credit |
| Purpose | Retentionmade to order: Bid security / Advance payment / Performance |
| Validity | 12 months |
| Margin | 10-25%made to order: Nil with surety |
| Collateral | Hypothecation of receivablesmade to order: Fixed deposit |
| Issuance time | 3-5 days |
| Beneficiary acceptance | Beneficiary format verified |
| Claim handling | Documentation review |
| Renewal | Managed renewal |
| Fee basis | Per annum percentage |