Construction Bond

Case Study:
Bronze Wing Trading Helped
a Construction Firm to Win
the Tender with
Bid Bond Guarantee
Presented by
www.importletterofcredit.com

Construction Firm Win the Tender with
Bid Bond Guarantee
A Construction Firm in South Africa required Bid Bond Guarantee to win the
tender of the large construction project. For this, Bronze Wing Trading assisted
them by facilitating Bid Bond/Tender Bid Guarantee from rated banks within 48
working hours.
01
Problem: Developer Demanded Bid
Bond Guarantee
02
Challenge: Avail Bid Bond Guarantee
to Contest in a Bid
03
Solution: BWT Provided Bid Bond in
Favor of the Developer

Problem: Developer Demanded Bid Bond Guarantee
A Construction Firm in South Africa submitted their proposal for
the bidding of a construction project.
The developer asked for a Bid Bond Guarantee along with the
proposal to secure themselves from any default.
So, the contractor started the process to avail Bid Bond
Guarantee on behalf of their company and in favor of their
developer.

Challenge: Avail Bid Bond Guarantee to Contest in a Bid
The Contractor contacted their Bank to avail Bid Bond
Guarantee on behalf of their company, but the bank declined
their request, as they didn’t have sufficient financial means.
On the other hand, when they approached other financial
institutions to avail Bid Bond Guarantee, they demanded cash
margin or very high fees to issue the Bid Bond Guarantee.
By luck, the contractor found Bronze Wing Trading L.L.C. from
Facebook Ad and they contacted us with their Bid Bond request.

Solution: BWT Provided Bid Bond in Favor of the
Developer
Our team carefully analyzed their contractual document & approved their
request. The client signed the service agreement with us & paid the admin
charges to initiate the transaction.
Then, we sent the Bid Bond draft for their approval. Also, we asked them to
pay the Bid Bond issuance fee & provide required documents to proceed with
the issuance of Bond.
After receiving the draft approval, documents & charges, we instructed our
bank to issue the required Bid Bond to the developer’s bank via
authenticated Swift MT760.

Final Outcome: The Contractor Entered into the Contest
& Won the Tender
The Contractor submitted the proposal along with the Bid Bond Guarantee & got
pre-qualified to enter into the bidding contest. Finally, the contractor won the
bid of the Construction project.
The Contractor Thanked Us for Providing the Required Guarantee
Within Set Time Limit.
This is How the South African Contractor Won the Multi-Million
Construction Project!
Read the Full Story – Click Here

Avail Bid Bond Guarantee from Us & Get Qualified to
Enter the Bidding Contest
Contact Bronze Wing Trading L.L.C. to avail Bid Bond Guarantee on
behalf of your company without blocking your working capital.
We provide Bid Bond Guarantee on behalf of your company from rated
banks within 48 working hours!
Apply For Bid Bond Guarantee

Avail Bid Bond Guarantee from Us & Get Qualified to
Enter the Bidding Contest
Contact Bronze Wing Trading L.L.C. to avail Bid Bond Guarantee on
behalf of your company without blocking your working capital.
We provide Bid Bond Guarantee on behalf of your company from rated
banks within 48 working hours!
Apply For Bid Bond Guarantee

Contact Bronze Wing Trading L.L.C.
We Can Provide Complete Solution for All
Your Trade Finance Needs!
00971-4-5519699
support@importletterofcredit.com
Office 3002, 30th Floor,
Aspect Tower,
Al-Sa'ada Street,
Business Bay, Dubai, UAE.
For All Your Queries, Visit
https://importletterofcredit.com