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The Bid Bond Tender Guarantee is a crucial document in Qatar's commercial and public procurement landscape, required for most significant tender submissions in the country. This type of guarantee is mandated by Qatar's Public Tender Law and is regulated by the Qatar Central Bank, Civil Code, and Commercial Code. It serves as a risk mitigation tool for project owners and tender issuers, ensuring that only serious bidders participate in tenders and that winning bidders will proceed with the contract. The document typically specifies the guaranteed amount, validity period, beneficiary details, and claim conditions. It becomes particularly important in large-scale infrastructure, construction, and government projects where the tender values are substantial. The guarantee typically remains valid from the tender submission date until shortly after the award decision, at which point it either expires or is replaced by a performance bond.

1. Bank Details: Details of the issuing bank including full legal name, address, and authorization details

2. Beneficiary Details: Full details of the entity to whom the guarantee is being issued (usually the tender issuer)

3. Principal Details: Details of the bidder/contractor on whose behalf the guarantee is being issued

4. Tender Reference: Specific details of the tender including tender number, project name, and location

5. Guarantee Amount: The specific amount of the guarantee in both numbers and words

6. Validity Period: Clear statement of when the guarantee becomes effective and its expiry date

7. Terms of Payment: Conditions under which the guarantee amount becomes payable

8. Claim Process: Procedure for making a claim under the guarantee

9. Governing Law: Statement that the guarantee is governed by Qatar law

10. Language: Specification of the controlling language if the document is bilingual