Part I

(o\rmansgeLncnr sen ic(s (p! 0 Lrd l'rge-19 Warehouse at K€raFalapitiya

 Part 1

FORM OF BID SECURITY

(this Guarantee frotn shall be filled in accorddnce with the instructions indicated in brackets)

TERMINAL ROAD. WATTALA

GARDINER MAWATIIA. COLOMBO 02. SRI LANKA

SUB CONTRACT FOR- FIRE PROTECTION AND DETECTION SYSTEM

(insert issuing qgency's name, qnd address of issuing
branch or off;ce)

Beneficiary:

(insert name and addrex of Employer)

Date: .................... . (insert (by issuing agency) date)

BID GUARANTEE NO: ..................................,..... (tusert (by issuing qgency) number)

We have been informed that ...................... ................ . .. .(insert (by issuing

agency) name of the Bidder) (hereinafter called "the Bidder") has submitted to you its bid dated
....................(insert (by issuing agency) date) (hereinafter called ,,the Bid,') for the
execution of .........................-.....(insert name of Contrqct) under Invitation for Bids.
.......(insert IFB numrer) (" the IFB')

Furthermore, we understand that, according to your conditions, Bid must be supported by a Bid
Guarantee.

At the request of the Bidder, we ........................

................(insert name of issuing
agency) hereby inevocably undertake to pay you any sum or sums not exceeding in total an amount of
..................................(insert amoLtnt in figures)

;;;;;, ;; ;"*; ;;;;;;i.J ;; ^ : #::,K:#",':#',flJffi ;::J; ll,T ;:Jfl l;i

obligation (s) under the bid conditions, because the Bidder:

a) Has withdrawn its Bid during rhe period ofbid validiry specified; or

b) Does not accept th€ correction of errors in accordance with the Instructions to Bidders
(hereinafter "the ITB") ofthe IFB; or

c) Having been notified ofthe acceptance of its Bid by the Employer during the period ofbid
validity, (i) fails or refuses to execute the Contract Form, ifrequired, or (ii) fails or refuses
to fumish the Performance Security, in accordance with the ITB.

costmcnrgemcnt .ervices fp\ t) LId Page - 30 Warehouse al Kerawrlapirila

 Paxt 1

This Guarantee shall expire: (a) if the Bidder is the bidder, upon our receipt of copies of the
Contact signed by the Bidder and of the Security issued to you by the Bidder; or (b) if
the Bidder is not the successful biddeq upon the of (i) the successful bidder fumishing the
performance security, otherwise it will remain in up to ............................................(insert date)

Consequently, any demand for payment under this must be received by us at the office on or
before that date.....

[signature (s) of authorized representative(s)]

Name and title of signaiories

Agency

costmanagement seflices (pv, Ltd warehouse at Kerawalapitiya