According to Chapter III of the Tender dossier, the tenderer (or the respective group of economic operators) should present tender security in the amount of EUR 10,000. The acceptable forms for submitting the security are specified as: cash transfer; check; bank guarantee/ letter of credit. However, in the tender dossier, the details of the Ministr
There is no need for the details of the Ministry of Energy and Mining’s bank for doing the tender security. The law specifies that the tender security is done through the following forms (which also can be found on page 23 of the dossier):
a) bond, payable upon demand, issued by an a reputable insurance company
b) letter of credit, opened and confirmed by a first-class bank
c) unconditional bank guarantee, issued by a first-class bank