Catalogue / Bank guarantees & surety bonds
Bid bond and EMD substitution, Volt 5 seriesSample
by Taxila Capital Advisors (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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The Volt 5 service of bid bond and EMD substitution by Taxila covers 3 guarantee amount options (INR 5 crore to INR 100 crore). Key features: relief to working capital, quick turnaround for bids and extension management. Suited to EPC contractors bidding for projects, exporters and developers. 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
- Taxila
- Model
- TAX-223 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
| Variant | Specifications | Min. order · lead time | Price, ex GST |
|---|---|---|---|
| Guarantee amountINR 5 croreTAX-223-01 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 25 croreTAX-223-02 | Guarantee amount: INR 25 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 100 croreTAX-223-03 | Guarantee amount: INR 100 crore | 1 job · Issuance in 3-10 days | on quote |
Specifications
| Guarantee amount | INR 5 crore to INR 100 crore (see variants) |
|---|---|
| Instrument | Insurance surety bondmade to order: Bank guarantee / Standby letter of credit |
| Purpose | Bid security |
| Validity | 12 monthsmade to order: 24 months / 36 months |
| Margin | 10-25%made to order: Nil with surety |
| Collateral | Hypothecation of receivablesmade to order: Fixed deposit |
| Issuance time | 1-2 weeksmade to order: 3-5 days |
| Beneficiary acceptance | Format as per tender |
| Claim handling | Documentation review |
| Renewal | Auto-reminder |
| Fee basis | Per annum percentagemade to order: One-time |