Section Ix. Annex To The Particular Conditions - Contract Forms (Page 10 of 12) in pdf

Section Ix. Annex To The Particular Conditions - Contract Forms Page 10

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2___,

whichever is earlier. Consequently, any demand for payment under this guarantee

must be received by us at this office on or before that date..

This guarantee is subject to the Uniform Rules for Demand Guarantees, ICC Publication No.

458.

____________________

[signature(s)]

Note: All italicized text (including footnotes) is for use in preparing this form and shall be

deleted from the final product.

Insert the expected expiration date of the Time for Completion. The Employer should note that in the event

of an extension of the time for completion of the Contract, the Employer would need to request an extension

of this guarantee from the Guarantor. Such request must be in writing and must be made prior to the

expiration date established in the guarantee. In preparing this guarantee, the Employer might consider

adding the following text to the form, at the end of the penultimate paragraph: “The Guarantor agrees to a

one-time extension of this guarantee for a period not to exceed [six months][one year], in response to the

Employer’s written request for such extension, such request to be presented to the Guarantor before the

expiry of the guarantee.”

Section Ix. Annex To The Particular Conditions - Contract Forms Page 10