Bid security sample 2026

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The document is a Bid Security Form in which a bank guarantees a sum of Rs. 2,50,000 to WBEIDC Limited on behalf of a bidder who has submitted a bid. It outlines the conditions under which the bank will pay this amount, including scenarios such as bid withdrawal or failure to provide necessary documentation after winning the bid. The guarantee remains valid for 60 days after the bid validity period.

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Click ‘Get Form’ to open the bid security sample in the editor.
Begin by entering the name of the Bidder in the designated field, followed by the date of your bid submission.
Fill in the RFP reference number and date as specified in your documentation.
In the section for the Bank details, input your Bank Name and Branch Name, along with its registered office address.
Clearly state the amount of bid security, ensuring it matches Rs. 2,50,000/- as required.
Review and check off each condition that applies to your obligation under this guarantee.
Sign and date the document where indicated, ensuring you include a witness's signature and address.

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