Bid bond in Qatar. Right amount, right wording.
A bid bond with the wrong amount, wording or expiry date can get a bid rejected before anyone looks at the price. CYAN checks your bid bond against the tender before you submit.
Government and private tenders in Qatar.
Bids that ask for a tender guarantee.
Some tenders exempt qualifying SMEs. We check if yours does.
Know what to ask your bank for.
A bid bond the client will accept
Amount and form
- The amount or percentage the tender asks for
- Unconditional bank guarantee, if required
- Issued by a bank the client accepts
Wording and validity
- Bank wording matches the tender form
- Valid long enough after the closing date
- Right beneficiary, tender number and name
The rest of the bid
- Compliance matrix and forms
- Certificates and expiry dates
- Final check before closing
How we check your bid bond
Send the tender
Share the tender documents and the closing date.
Read the clause
We list exactly what the guarantee must say.
Brief your bank
You get a short list for the bank to match.
Check the draft
We check the bank draft before you submit.
Frequently asked questions
Short answers to what companies in Qatar ask us most. If yours is not here, ask us on WhatsApp.
What is a bid bond?
A bid bond, or tender guarantee, is a bank guarantee you submit with your bid. It protects the client if a bidder withdraws the bid or refuses to sign the contract after winning.
How much is a bid bond in Qatar?
It depends on the tender. Official trade guides often mention about 5% of the bid for bid bonds and 10% of the contract for performance bonds, but always use the amount or percentage written in the tender documents.
How long must the bid bond be valid?
As long as the tender says, counted from the closing date. Some public tenders ask for 120 days. If the client extends the closing date, the bond may need to be extended too.
Are SMEs exempt from bid bonds?
Amendments to the Qatar tenders law allow exemptions for qualifying small and medium enterprises on some tenders. Check the tender notice, and whether your company qualifies.
Can CYAN issue the bid bond?
No. Only your bank can issue it. We read the tender requirement and check the bank draft, so the bank gets it right the first time.
One team in Doha for the whole file
Need a bid bond checked?
Send the guarantee clause and your bank draft on WhatsApp. General guidance only: the tender documents always come first.
