Performance Guarantee in Construction – Surety Bond
8
● Case Study: ● Bronze Wing Trading Provided Performance Guarantee in Construction for a Spanish Contractor Presented by www.importletterofcredit.com
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This document is published by Bronze Wing Trading L.L.C., the Performance Bond Providers in Dubai. Read this document to see Bronze Wing Trading helped a Spanish contractor to sign a worthy building contract by providing Performance Guarantee in Construction. To read the full story, https://importletterofcredit.com/performance-guarantee-in-construction/
Avail Performance Bond from us to assure the positive completion of project on time! Send us your requirements to: [email protected] or call us at: 0097145519699
Transcript of Performance Guarantee in Construction – Surety Bond
● Case Study:
● Bronze Wing Trading
Provided
Performance Guarantee
in Construction for a
Spanish Contractor
Presented by
www.importletterofcredit.com
Success Story Overview
A Spanish Contractor signed millions dollar worth of
building project by availing Performance Guarantee in
Construction from Bronze Wing Trading.
Problem Solution Challenge
The Developer & The Contractor Signed the
Agreement
Problem: The Contractor Required
Performance Guarantee
A Developer in Madrid announced a tender for their high rise
building project. The contractor submitted their bid & won the
contract.
Before signing the contract, the developer demanded for the
Performance Guarantee on behalf of the contractor and in favor of
their company.
Challenge: How to Avail Performance
Guarantee
The Contractor contacted their bank with a request to avail the
required guarantee on their behalf. Since they exhausted their
bank facilities, they were unable to avail from their bank.
Also, since they don’t have enough hard cash in their hands, it
was not possible for them to avail the bond from private lenders.
While searching for performance bond providers on Google, they
came across to one of our infographic post & then, they
contacted us via email.
Solution: BWT Issued the Required Guarantee
Upon the receipt of their request, we studied their contractual
terms and approved their request. Then, the client visited our
office to sign the agreement and paid the admin charges.
Then we structured their performance bond by blocking our bank
limit & sent the draft for the client’s review. The client approved
the draft and paid the issuance fee charges.
Accordingly, we instructed our bank to issue the Performance
Bond on behalf of the contractor to the developer’s bank via
authenticated Swift MT760.
Success: The Developer Signed the Agreement
with the Contractor
After receiving the Performance Guarantee, the Developer
signed the agreement with the Contractor.
This is how the Deal Concluded Successfully!
Read the Full Story
Avail Performance Bond From Us
Bronze Wing Trading L.L.C. Provides Performance Bond
From Rated Banks On Behalf of Your Company!
Apply Performance Bond Now!
Contact Bronze Wing Trading L.L.C.!
No Cash Margin! No Hidden Fees!
Apply Performance Bond
00971-4-5519699
Office 3002, 30th Floor,
Aspect Tower,
Al-Sa'ada Street,
Business Bay, Dubai,
United Arab Emirates.
Avail Performance Bond From
Us Without Blocking Cash
Funds!
Contact Bronze Wing Trading L.L.C.
Visit us:
www.importletterofcredit.com
