Avales y caución
Aval de licitación
Aval a corto plazo que acredita que una oferta es firme y que el licitador suscribirá el contrato en los términos ofrecidos. Suele ser un porcentaje reducido del importe de licitación.
Boland's Quay, Dublín · William Murphy, CC BY-SA 2.0
Para quién es
Licitadores de contratos públicos y de servicios esenciales
Qué hace
- Emitido en 24 horas para titulares de línea con texto previamente acordado
- Normalmente entre el 1 y el 5% del importe de licitación
- Vence con la adjudicación del contrato o al final del periodo de validez de la oferta
- Se convierte en un aval de cumplimiento al adjudicarse el contrato, sin volver a suscribir
El producto en detalle
A bid bond is the cheapest instrument in the range and the one with the shortest life. It confirms to a procuring authority that a tender is serious: that the bidder has the means and the intention to enter the contract on the terms offered, and will not withdraw its price after the envelopes are opened. If it does withdraw, the authority can call the bond to cover the cost of re-tendering or of accepting the next bid.
Values are small — typically 1% to 5% of the tender sum — and terms are measured in days. What matters operationally is speed. A tender deadline is not negotiable, and a bond that arrives the following week is worthless. For contractors with an agreed facility and pre-approved wording, we issue inside 24 hours.
The useful property is what happens on award. A bid bond written by us rolls into the performance bond for the same contract without re-underwriting, because the credit assessment behind it is the same and is already complete.
Documentación
La documentación de producto se facilita a los intermediarios acreditados. Pídala a su suscriptor o solicítela mediante el formulario de consulta.
- Texto de aval de licitaciónA petición
- Formulario de solicitud de líneaA petición
Cómo funciona
Qué ocurre, en orden
Desde la primera consulta hasta el momento en que la cobertura, el contrato o la línea queda en vigor.
The tender documents state the requirement
A percentage of the tender sum, a validity period, and usually the authority’s own form of bond. Public sector forms are standard and rarely negotiated.
We pre-agree the wording under a facility
Facility holders lodge the forms they bid against once. After that a bid bond is an instruction, not an application.
The bond issues before the deadline
Within 24 hours for facility holders. New applicants are underwritten first, which takes the usual two to four working days.
Award, or expiry
On award the bond can roll straight into the performance bond for the contract. If the bid is unsuccessful the bond expires at the end of the tender validity period and the exposure is released.
Las cifras
Un ejemplo resuelto
Cálculos ilustrativos, para que la forma del producto se vea en lugar de describirse. Nada de lo que aquí figura es una oferta ni una proyección.
A 2% bid bond on a £7.5m tender
A contractor bids for a £7.5m public sector framework. The authority requires a 2% bid bond — £150,000 — valid for the 180-day tender validity period, on its own standard form.
The bidder is a facility holder in band 2 with a parent counter-indemnity in place.
- Importe del aval
- £150,000
- Plazo
- 6 meses
- Tasa de prima indicativa
- 1.15% anual
- Prima por el plazo
- £863
- Comisión de emisión y formalización
- £250
- Coste indicativo total
- £1,113
- Coste sobre el importe del aval
- 0.74% del importe del aval
Cómo se construye la tasa
- Tasa base — Aval de licitación1.35% anual
- Solidez financiera — Banda 2 — sólida y rentable de forma constante−5%
- Garantía aportada — Contragarantía de la matriz o de los administradores−10%
- Texto — Condicional: hay que acreditar el incumplimientoSin ajuste
- Beneficiario — Organismo público irlandés o británico, Revenue o HMRCSin ajuste
- Plazo — Hasta 12 mesesSin ajuste
Short-dated bonds frequently price below the minimum premium, in which case the minimum applies — £350 per annum in sterling. That is the reason a bid bond costs what it costs: it is a fixed cost of tendering, not a rate.
What 1%, 2% and 5% of a tender actually means
Bond value required on the same £7.5m tender, at the three percentages authorities most often specify.
Ver estas cifras en una tabla
| Valor | |
|---|---|
| 1% of tender | £75,000 |
| 2% of tender | £150,000 |
| 5% of tender | £375,000 |
Idoneidad
Dónde encaja Aval de licitación
Los casos que resuelve, los que no, y lo que un suscriptor necesita antes de tarificar.
Es la respuesta adecuada cuando
- A tender requires bid security and the deadline is close.
- The contractor bids frequently and wants the bond to convert on award.
- The authority uses a standard statutory or framework form of wording.
Conviene mirar otra cosa cuando
- The requirement is for a deposit the authority will hold as cash; a bond is not a substitute unless the rules allow it.
- The contractor has no facility and the deadline is inside 48 hours.
Lo que necesitamos para tarificar
- 1.The tender reference, the tender sum and the bond percentage.
- 2.The validity period, and the authority’s form of bond.
- 3.For a first application, accounts and a contracts schedule.
Preguntas
Lo que los corredores nos preguntan sobre este producto
How quickly can you issue?
Within 24 hours where the applicant holds a facility and the wording is already agreed. A first-time applicant needs the underwriting first, which is two to four working days from a complete submission.
What happens if we win?
The bid bond can roll into the performance bond for the same contract without re-underwriting. Tell us at the point of award so the facility exposure moves across cleanly.
Is the premium refunded if we lose?
No. The premium is earned on issue: the authority had the benefit of the security for the whole tender period, whoever won.
Solicitar información
Consúltenos sobre Aval de licitación
El formulario llega a un suscriptor en Dublín. Si es intermediario, indíquelo y lo dirigiremos a la mesa de corredores.