TENDER DOCUMENT - SSA Punjab

ANNEXURE-10PERFORMANCE SECURITY FORMTo-------------------------------------------------------------Sir/Madam,WHEREAS…………………………………………. (Name of the Bidder) hereinaftercalled “the Bidder” has undertaken, in pursuance of Contract No…………dated………..2009 to (a) produce, supply Multimedia Based Educational Content(b) Provide manpower at respective locations (c) provide training to MasterTrainers, hereinafter called “the Contract”.AND WHEREAS it has been stipulated by you in the said Contract that theBidder shall furnish you with a Bank Guarantee by a Nationalised Bank for thesum specified therein as security for compliance with the Bidders performanceobligations in accordance with the Bidder.AND WHEREAS we have agreed to give the Bidder a Guarantee:THEREFORE WE hereby affirm that we are Guarantor and responsible to you,on behalf of the Bidder, up to a total of…………………………………………………. (Amount of the Guarantee in Wordsand Figures) and we undertake to pay you, upon your first written demanddeclaring the Bidder to be default under the Contract and without cavil orargument, any sum or sums within the limit of………………………….. (Amount ofGuarantee) as aforesaid, without your needing to prove or show grounds orreasons for your demand for the sum specified therein.This guarantee is valid until the……………….. day of…………………..2009.Signature and Seal of Guarantors…………………………………………………………….…………………………………………………………….…………………………………………………………….Date……………………….Address………………………………………………….……………………………………………………….36