Are you a contractor bidding for the next big project? The Bid Guarantee will ensure that you bag it, while assuring an employer that you will not withdraw the bid within the specified period for acceptance. It also assures them that you will hold up your end of the bargain and furnish the required bonds in the agreed period of time.

You have an option of an unsecured Bid Guarantee of up to KSh 50 Million or equivalent in foreign currency.

What we need from you:

Duly filled Guarantee Application form (format of the bid security)

Rates and Fees*

4% commission per annum on unsecured Bid Guarantee (negotiable)

*Charges are not inclusive of tax