Idari Sartname - Hava Lojistik KomutanlıÄı
Idari Sartname - Hava Lojistik KomutanlıÄı
Idari Sartname - Hava Lojistik KomutanlıÄı
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
APPENDIX-9<br />
PERFORMANCE BOND<br />
[Name of the Contracting Entity]<br />
…. /.../….<br />
No…<br />
Whereas the…… [name of the bank] has guaranteed the price of the price of the performance bond<br />
……..[the price of the performance bond 1 ] required to be issued by the Contractor [name/surname/title of<br />
the Contractor] undertaking the work [name of the work] to fulfill the provisions of 2009/14973 numbered<br />
Decision of the Council of Ministers dated 20th April 2009 which has been issued in accordance with Article<br />
3 (b) and provisionary 4 (b) of Law No.4734 on Public Tenders and Law No.4735 as well as those of the<br />
tender document and the contract,<br />
Whereas the Contractor fails to meet his commitment under the said laws and provisions of the<br />
tender document and contract partially or fully;<br />
On behalf and for…….. [name of the bank], the undersigned being conferred upon the title of<br />
authorized representative and officer [name of the bank] to sign hereby commit and certify to pay the price<br />
set forth herein immediately and without any delay, in cash and completely including its legal interest<br />
charged between the request date and payment date to the Contracting Entity upon the first request<br />
needless of any protest, decision and approval of the undermentioned as well as any dispute between…….<br />
[name/surname/title of the Contractor] and the Contracting Entity and implications and legal repercussions<br />
thereof.<br />
This performance bond shall be effective till _ _/_ _/_ _ _ _ ² (Date). In case this validity date is not<br />
sufficient;<br />
[Name of the bank)<br />
[Branch Name of the Bank)<br />
Name, Title, Signature of Authorized Officers<br />
NOTE: 1a) In the performance bonds to be issued against the counter guarantees of foreign bank or similar credit<br />
institutions, the name of the foreign bank or credit institution and that the performance bond is counterguarenteed shall<br />
be underlined. In the event that the payment currency unit is Turkish Lira, performance bonds to be issued against<br />
counter guarantees shall be issued over Turkish Lira.<br />
b) In the event that bidding in foreign currencies is allowed in the article “Valid Currency in Bidding and Payments” in the<br />
administrative specification; tenderers shall issue performance bonds over the currency they bid.<br />
2- In the event that letter of guarantee is issued in the currency other than Turkish Lira, at the end of such letter, the<br />
statement “In case of the liquidation of this letter of guarantee, the payment of letter..........................[related foreign<br />
currency] will be made to the Contracting Entity.” shall be written however the letter of guarantee is issued in foreign<br />
curreny, in case the liquidation shall be processed only in Turkish Lira due to the financial regulations of the Contracting<br />
Entity, the statement “In case of the liquidation of this letter of guarantee; the payment shall be made in accordance with<br />
the valid currency sale rate of the Turkish Central Bank .<br />
¹ The currency of bid shall be written.<br />
2 In accordance with the Article 13 of Decision of Council of Ministers on April 20 th , 2009 No.2009/14973;<br />
a) In the event that a warranty period is provided for the purchase of the good for tender, this period shall cover a<br />
period exceeding one month after the end of the warranty period. In the event that this is not sufficient, a provision<br />
stipulating that this period shall be automatically extended in certain intervals (….day/month/year) needless of any<br />
notice of the Contracting Entity shall be stated.<br />
b) In the event that a warranty period is not provided for the purchase of the good for tender, this period shall be valid<br />
for a period exceeding one month following final acceptance inspection. In the event that period is not sufficient, a<br />
provision stipulating that this period shall be automatically extended in certain intervals (…..day/month/year)<br />
needless of any notice of the Contracting Entity shall be stated.<br />
Also, no time limit letter of guarantee can be given.<br />
HK12-A7-041 90