Guarantee for tender participation
Secures a bidder's obligations in an RFP or auction

Guarantee limits
Up to 100 billion UZS

Term
Not exceeding the tender period

Issue fee
From 2%
Basic conditions
Purpose: Ensures the fulfillment of obligations for participation in tender bidding.
Client Account: Primary and secondary accounts (a secondary account opened in the bank within the last year can also be transferred to a secondary account if its turnover exceeds that of the primary account).
Currency: Available in Uzbekistani Sum (UZS) and foreign currencies.
Eligible Clients: Business entities with legal entity status.
Guarantee Amount: Up to 100 billion UZS (or equivalent in foreign currency).
Approval process: Issued based on positive bank branch approval.
Guarantee Amount | Commission Fee | Interest Rate | Terms & Conditions | |
Bank Guarantee Issuance Fee | up to 200 mln. UZS | equal to 3 BCU | equal to 8 BCU | In case of being recognized as the winner of the tender In the amount of 8 BCU ( with deduction of initial 3 BCU ) |
Fee for issuing a bank guarantee | over 200 million UZS | equal to 3 BCU | 2% | 2% of the amount of the bank guarantee in case of being recognized as the winner of the tender less the initial 3 BCU's) |
Required documents
Application;
Consent of the founders of the principal company to obtain a bank guarantee, executed in accordance with the procedure established by the current legislation;
Announcement of tender bidding for the facility and information on tender conditions;
Third party (natural person) providing funds as a pledge - copy of passport, third party (legal entity) - copies of passports of the founders and director of the company and consent to provide funds as a pledge.
Collateral
In the amount of at least 125% of the amount of the bank guarantee (130% for related parties).
Acceptable types of collateral:
- Movable and immovable property;
- Cash;
- Surety of a third legal entity;
- Insurance policy.
These types of collateral are accepted based on the requirements of the bank's internal regulatory documents.
How do I get a guarantee?
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Fill out the form and submit
the required documents
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Sign the agreement and pay
the commission fee
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Receive your guarantee
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