Bid Bond Guarantees for Tenders & EPC Bids

Bid Bond Guarantees for Tenders & EPC Bids

Bid Bond Guarantees (Tender Bonds)

Tender authorities want proof you’re serious before they open your price. We issue Bid Bond Guarantees that meet tender specs, name the correct beneficiary, and keep you in the race. Underwriting is swift and focused on capacity, track record, and your ability to post the final performance security if awarded.

Outcome: A compliant bid bond in the format the tender requires, delivered on time, with clear validity dates and extension mechanics if the award is delayed.

Who Needs a Bid Bond

EPC and Construction Bidders
Government and SOE tenders that demand 2%–10% bid security of the contract value.
O&M and Services Providers
Framework bids that require a bond to validate participation and deter frivolous pricing.
Developers and Sponsors
PPP and IPP rounds where bid security is mandatory before technical opening.
Consortia / JVs
Multi-party bids needing clear beneficiary, joint liability wording, and signatory proof.

Terms and Pricing

Item Details
Coverage amount Typically 2%–10% of tender price (as per tender rules)
Validity Usually 90–180 days, extendable on request
Upfront premium 3%–7% of guaranteed amount, risk-based (minimum fee applies)
Annual / extension fee 2%–3% p.a. pro-rated for extensions beyond original validity
Security / conditions May require cash margin, standby support, or covenants (case by case)

Underwriting Focus

  • Tender documents: instructions to bidders, bid security format, expiry, claim language
  • Applicant capacity: sector track record, team, equipment, local partner readiness
  • Financial footing: balance sheet strength, cash runway, access to performance security if awarded
  • Compliance: KYC, UBOs, sanctions, jurisdiction checks
  • Contingency: plan to convert to Performance Bond or APG on award

Process and Timing

1) File Intake
Send ITB, draft bond wording, bid forms, and bid price range.
2) Risk Review
Fast screening of capacity, past performance, and compliance.
3) Terms Issued
Premium and conditions, validity, claim language alignment.
4) Bond Delivery
Final issuance to the named beneficiary. Extensions on request.

Common Reasons for Decline

  • Unclear beneficiary details or conflicting tender instructions
  • No path to performance security if the bid wins
  • Thin financials relative to contract size
  • Missing permits or disallowed jurisdictions
  • Anonymous UBOs or incomplete KYC

Documents Required

Document Purpose
ITB / RfP and draft bid bond format Defines wording, validity, beneficiary, and claim rules
Company KYC and UBOs Compliance clearance
Past performance / references Capacity proof for scope and geography
Financials and bank letter (if any) Shows ability to post performance/APG on award

Request a Bid Bond Guarantee

Send the tender pack and bond format. We’ll confirm eligibility and issue terms on a tight timeline.

Start the Process

Bid Bonds are issued subject to underwriting, compliance checks, and approval. Wording must match tender requirements and governing law. Extensions may incur additional fees. We do not offer unconditional guarantees.

Get Started With Us

Submit Your Deal & Receive a Proposal Within 1-3 Working Days

Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.


All submissions are promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.

Trade Finance

Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.

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Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.

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Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.

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For Banks

Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.

Submit a Request

Once we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.

Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.