Construction Bond

ilcredit

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

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