Bid/Tender Bonds

Bid/ Tender Bonds

This is a guarantee issued as part of a supply bidding process by the contractor
to the project owner
. It is a guarantee that the winning bidder will undertake the
contract under the terms at which they bid.

Security:

None for amounts below Ksh.10 Million.Cash or conventional tangible asset.

Charges:

1% per quarter subject to Kes 5,000.00 per quarter.

Requirements:

  • A copy of the Tender document page showing the description of the tender.
  • A copy of the Tender documents’ page showing Procurement Entity Address.
  • A copy of the Tender document page showing the validity date.
  • A copy of the Tender document showing the format.

Borrowing Solutions Form

  • Your contact information

  • Borrowing Solutions

  • Date Format: MM slash DD slash YYYY
    Choose a date that is convenient for you
  • :
    Please choose a time when the branch is open for business.
USD: BUY 107.30 SELL 109.85GBP: BUY 139.20 SELL 141.80EUR: BUY 127.05 SELL 129.70