ANNEX XIV- BID GUARANTEEY MODEL PART 1 - MODEL OF LETTER OF CREDIT FOR BID GUARANTEE IRREVOCABLE LETTER OF CREDIT ISSUED BY [insert bank name] Bidding company: Validity: Starting date: Termination date: Number: Nominal Amount: [R$] National Agency of Petroleum, Natural Gas and Biofuels - ANP Superintendência de Promoção de Licitações Dear Sirs: [Insert the name of the Bank], incorporated in accordance with the laws of of the Federative Republic of Brazil, the Issuer, hereby issues in favor of ANP, organization part of Federal Indirect Administration of the Government of the Federative Republic of Brazil, an Irrevocable Letter of Credit no. [insert number of the Letter of Credit], through which the Issuer allows ANP to draw at once, the amount of up to R$ [insert the Nominal Value] , by presenting a Payment Order and a Proof of Drawing, defined below, in the facilities of the Issuer mentioned in Clause 3 of this Letter of Credit. The Nominal Amount of the Letter of Credit may be drawn by ANP in the form set out in clause 3 below, between 10 am and 04 pm, Rio de Janeiro time, in any banking day after the disclosing of the results of the bids presentation and before the maturity of this Letter of Credit. "Banking day" means any day except Saturday, Sunday or another day on which the commercial banks of Rio de Janeiro are authorized or required by law, standard or regulatory decree, to close.
ANNEX XIV- BID GUARANTEEY MODEL PART 1 - MODEL OF LETTER OF CREDIT FOR BID GUARANTEE IRREVOCABLE LETTER OF CREDIT ISSUED BY [insert bank name] Bidding company: Validity: Starting date: Termination date: Number: Nominal Amount: [R$] National Agency of Petroleum, Natural Gas and Biofuels - ANP Superintendência de Promoção de Licitações Dear Sirs: [Insert the name of the Bank], incorporated in accordance with the laws of of the Federative Republic of Brazil, the Issuer, hereby issues in favor of ANP, organization part of Federal Indirect Administration of the Government of the Federative Republic of Brazil, an Irrevocable Letter of Credit no. [insert number of the Letter of Credit], through which the Issuer allows ANP to draw at once, the amount of up to R$ [insert the Nominal Value] , by presenting a Payment Order and a Proof of Drawing, defined below, in the facilities of the Issuer mentioned in Clause 3 of this Letter of Credit. The Nominal Amount of the Letter of Credit may be drawn by ANP in the form set out in clause 3 below, between 10 am and 04 pm, Rio de Janeiro time, in any banking day after the disclosing of the results of the bids presentation and before the maturity of this Letter of Credit. "Banking day" means any day except Saturday, Sunday or another day on which the commercial banks of Rio de Janeiro are authorized or required by law, standard or regulatory decree, to close.
Edital_Ingles_completo_11.03.13.docx