Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Construction Bank Guarantee
"I need a Construction Bank Guarantee for a €5 million office building project in Amsterdam, where our construction company requires the guarantee to be valid from March 1, 2025, through December 31, 2025, with a stepwise reduction clause based on construction milestones."
1. Parties: Identification of the Bank (Guarantor), the Beneficiary (typically the project owner), and the Principal (the contractor)
2. Background: Reference to the underlying construction contract and the requirement for this guarantee
3. Definitions: Key terms used in the guarantee, including 'Guaranteed Sum', 'Expiry Date', and 'Demand'
4. Guarantee Amount: Clear statement of the maximum guaranteed amount and currency
5. Duration and Validity: Specification of when the guarantee becomes effective and its expiry date
6. Demand Requirements: Formal requirements for making a valid demand under the guarantee
7. Payment Terms: Conditions and timeframe for payment upon receipt of a valid demand
8. Governing Law and Jurisdiction: Explicit statement that Dutch law governs and specification of competent courts
1. Reduction Clause: Optional clause specifying if and how the guarantee amount may be reduced over time as construction progresses
2. Transfer Provisions: Include when the guarantee needs to be transferable to new beneficiaries
3. Multiple Demands Clause: Specify if multiple partial demands are permitted, include when project complexity requires flexibility in calling the guarantee
4. Force Majeure: Include specific force majeure provisions when required by the underlying construction contract or local conditions
5. Anti-Assignment Clause: Include when transfer of rights under the guarantee should be restricted
1. Schedule 1: Construction Contract Details: Essential details of the underlying construction contract, including contract date, project reference, and contract parties
2. Schedule 2: Form of Demand: Template for making a valid demand under the guarantee
3. Schedule 3: Special Conditions: Any specific conditions or requirements particular to this guarantee or the underlying project
4. Appendix A: Project Milestone Schedule: If guarantee amount is linked to project milestones, schedule of relevant dates and amounts
Authors
Construction
Infrastructure
Real Estate Development
Banking and Finance
Public Works
Commercial Property
Industrial Development
Residential Development
Energy and Utilities
Transportation
Legal
Finance
Treasury
Risk Management
Commercial
Project Management
Procurement
Construction Operations
Business Development
Contract Administration
Construction Project Manager
Legal Counsel
Contract Manager
Chief Financial Officer
Treasury Manager
Risk Manager
Commercial Director
Project Director
Banking Relationship Manager
Procurement Manager
Development Director
Construction Site Manager
Financial Controller
Company Secretary
Head of Construction
Find the exact document you need
Bank Guarantee Draft
A Dutch law-governed bank guarantee template establishing a bank's commitment to pay a specified sum to a beneficiary under defined conditions.
International Bank Guarantee
A Dutch law-governed bank guarantee providing financial security in international transactions, issued by a bank to guarantee obligations of one party to another.
Performance Bond Guarantee
A Dutch law-governed guarantee instrument where a financial institution guarantees a contractor's performance obligations to a beneficiary.
Fast Bank Guarantee
A Dutch law-governed expedited bank guarantee document providing financial security through an irrevocable payment undertaking from a bank to a beneficiary.
Cash Bank Guarantee
A Dutch law-governed bank guarantee document where a bank commits to pay a specified sum to a beneficiary upon demand, subject to stated conditions.
Bank Guarantee Demand Letter
A formal demand letter under Dutch law used to claim payment against a bank guarantee, complying with Dutch banking regulations and civil code requirements.
Purchase Bank Guarantee
A Dutch law-governed bank guarantee securing payment obligations in purchase transactions, providing financial security from a bank to a buyer against seller's default.
Construction Bank Guarantee
A Dutch law-governed bank guarantee providing financial security from a bank to a project owner for a contractor's construction obligations.
Down Payment Bank Guarantee
A Dutch law-governed bank guarantee securing advance payments made by a buyer to a seller, providing financial security for upfront payments in commercial transactions.
Financial Bank Guarantee
A Dutch law-governed bank guarantee document providing the bank's commitment to pay a specified sum to a beneficiary upon default of the principal's obligations.
Indirect Bank Guarantee
Dutch law-governed Indirect Bank Guarantee template establishing a bank guarantee arrangement between multiple parties, including specific provisions under Dutch banking regulations.
Direct Bank Guarantee
A Dutch law-governed bank guarantee establishing a direct payment obligation from a bank to a beneficiary upon demand, providing immediate financial security.
Deposit Guarantee
A Dutch law-governed agreement establishing a guarantee for deposited funds, detailing terms, conditions, and claim procedures in compliance with Dutch financial regulations.
Bid Security Bank Guarantee
A Dutch law-governed bank guarantee securing a bidder's obligations in a tender process, providing financial protection to the tender issuer.
Surety Bond Bank Guarantee
A Dutch law-governed bank guarantee document establishing the bank's obligation to pay a specified sum to a beneficiary upon demand, securing the principal's obligations.
Advance Bank Guarantee
A Dutch law-governed bank guarantee securing advance payments in commercial transactions, providing financial security through an irrevocable bank undertaking.
Unlimited Bank Guarantee
A Dutch law-governed bank guarantee document establishing an unlimited, unconditional payment obligation by a bank to a beneficiary upon first demand.
Standby Bank Guarantee
A Dutch law-governed bank guarantee document where a bank commits to pay a specified amount to a beneficiary upon default of the applicant's obligations.
Bank Guarantee Discharge Letter
A Dutch law-governed letter that formally releases a bank from its obligations under a previously issued bank guarantee, including specific discharge language and authorization requirements.
Non Financial Guarantee
A Dutch law-governed Non-Financial Guarantee agreement establishing performance security commitments between guarantor, principal debtor, and beneficiary.
Digital Bank Guarantee
A Dutch law-governed electronic bank guarantee document that provides digital issuance, verification, and claim processing while maintaining full legal validity.
Bank Guarantee For Commercial Lease
A Dutch law-governed bank guarantee document where a bank guarantees a commercial tenant's lease obligations to their landlord, typically covering three months' rent plus charges.
Counter Standby Letter Of Credit
A Dutch law-governed counter-guarantee instrument issued by a bank to back another bank's Standby Letter of Credit, establishing reimbursement obligations and conditions.
Bank Guarantee Letter Of Credit
A Dutch law-governed bank guarantee letter of credit that provides payment security in international trade transactions, combining local regulations with international banking standards.
Trade Finance Bank Guarantee
A Dutch law-governed bank guarantee issued to secure commercial obligations, providing financial security in trade transactions through a formal bank undertaking.
Bank Credit Guarantee
A Dutch law-governed bank credit guarantee agreement establishing guarantee terms for credit facilities, compliant with Dutch banking and financial regulations.
Bank Guarantee Cancellation Letter
A formal letter under Dutch law requesting the cancellation of a bank guarantee, including essential reference details and cancellation requirements.
Bank Guarantee Bond
A Dutch law-governed financial instrument where a bank provides a payment guarantee to a beneficiary, subject to specified conditions and demand requirements.
Revolving Standby Letter Of Credit
A Dutch law-governed financial instrument providing automatically renewable payment guarantees, combining local jurisdiction requirements with international banking standards.
Open Ended Bank Guarantee
A Dutch law-governed bank guarantee providing an indefinite financial security commitment from a bank to a beneficiary, subject to specified demand conditions.
Advance Payment Guarantee Bond
A Dutch law-governed bank guarantee securing advance payments made to contractors, protecting the paying party against non-performance.
Bid Bond Bank Guarantee
A Dutch law-governed bank guarantee securing a bidder's obligations in a tender process, providing financial security to the project owner if the bidder defaults on their bid commitments.
On Demand Bank Guarantee
A Dutch law-governed bank guarantee providing for unconditional payment upon compliant demand, establishing the bank's independent payment obligation to the beneficiary.
Bank Endorsement Letter
A formal banking document under Dutch law confirming financial arrangements or commitments, issued by a bank to endorse specific transactions or client capabilities.
Advance Payment Guarantee Letter
A Dutch law-governed bank guarantee securing advance payments in commercial transactions, protecting the buyer's prepayment against supplier default.
Revolving Bank Guarantee
A Dutch law-governed revolving bank guarantee agreement establishing a renewable security commitment from a bank to a beneficiary, with reinstatement provisions.
Retention Bank Guarantee
A Dutch law bank guarantee document replacing retention money in construction projects, providing security to the employer while improving contractor cash flow.
Performance Standby Letter Of Credit
A Dutch law-governed bank guarantee instrument that provides security for performance obligations through an irrevocable payment undertaking from a bank to a beneficiary.
Conditional Bank Guarantee
A Dutch law-governed bank guarantee document where payment is contingent upon specific conditions being met, providing financial security in commercial transactions.
Bank Guarantee Performance Bond
A Dutch law-governed bank guarantee securing performance obligations of a contractor/supplier, providing financial security to the beneficiary through an independent bank commitment.
Performance Letter Of Guarantee
A Dutch law-governed bank guarantee securing the performance obligations of a contractor, providing financial security to the project owner in case of contractor default.
Standby Letter Of Credit
A Dutch law-governed bank guarantee instrument that provides payment assurance to a beneficiary upon specified conditions.
Cash Backed Bank Guarantee
Dutch law-governed Cash Backed Bank Guarantee template establishing terms for bank guarantees secured by cash collateral, compliant with Dutch financial regulations.
Bank Counter Guarantee
A Dutch law-governed financial instrument where one bank guarantees payment to another bank in support of an underlying bank guarantee.
Back To Back Bank Guarantee
A Dutch law-governed banking instrument where one bank guarantees another bank's guarantee to an ultimate beneficiary, creating a secured chain of financial commitments.
Irrevocable Standby Letter Of Credit
A Dutch law-governed banking instrument providing an irrevocable payment guarantee from a bank to a beneficiary, serving as a security mechanism in commercial transactions.
Irrevocable Letter Of Guarantee
A Dutch law-governed financial instrument providing an unconditional and irrevocable payment guarantee from a bank to a beneficiary upon specified conditions.
Bid Bond Tender Guarantee
A Dutch law-governed financial guarantee issued by a bank/insurer to secure a bidder's obligations in a tender process.
Bank Guarantee Letter
A Dutch law-governed bank undertaking to pay a specified sum to a beneficiary upon specified conditions, serving as a financial security instrument.
Bank Letter Of Comfort
A Dutch law-governed document issued by a bank providing non-binding assurance regarding support for a specified entity's financial obligations.
Performance Bank Guarantee
A Dutch law-governed bank guarantee securing performance obligations of a contractor/supplier, providing financial security to the beneficiary through an independent bank undertaking.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.