C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)

101
PERFORMANCE BAI{K GUARANTEE
To
(name of Employer)
(address of Employer)
WHEREAS name and address of Contractorl (hereafter
called "the Contractor") has undertaken, in pursuarlce of Contract No. _ _ _ dated
-[name of contract and brief description of works]
(h.r.rft.r.=11":""att"Htt-""rL
AND WHEREAS it has been stipulated by you in the said Contract that the Contractor shall
furnish you with a Bank Guararrtee by a recognized bank for the sum specified therein as security
for compliance with his obligation in accordance with the Contract;
AND WHEREAS we have agreed to give the Contractor such a Bank Guarantee:
NOW THEREFORE we hereby a-fnrm that we are the Guarantor and responsible to you
--- on
t'ehafF"of-@ *atG.f-
,"" or-"".ra""i"a
in which the
demand and
contract Price is payable, and we undertake to pay you, upon your first written
without cavil or a-rgument, any sum or sums within the limits of
?: J'.#Ttri:: r,n?"
"ff :T#L.:':|::""1""'
We hereby waive the necessity of your dernanding the said debt from the contractor
presenting us with the demand.
before
We further agree that no change or addition to or other modification of the terms of the
Contract of the Works to be performed thereunder or of any of the Contract documents which may
be made between your and the Contract shatl in way release us from any liability under this
guarantee, and we hereby waive notice of any such change, addition or modification.
This guarantee shall be vdid u+til28 dayslrom the dateof-xpiryefthe Defeet Liabiiity
Period.
Signature and Seal ofthe guarantor
Name of Bank
Address
Date
An amount shall be inserted by the Guarantor, representing the p€rcentage
the contract Price specified in the contract including additional security for
unbalanced Bids, if any and denominated in Indian Rupees.
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