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Letter of Undertaking Template - RCN-D14 23116776

This letter confirms that [contractor] is a subsidiary of [guaranteeing entity] and undertakes to provide a guarantee and indemnity if [contractor] is awarded a contract from its prequalification. [guaranteeing entity] will execute any awarded contract as a covenantor. This letter of undertaking must be resubmitted annually along with financial statements to maintain [contractor]'s prequalification.

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Aibie Gajo
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4K views1 page

Letter of Undertaking Template - RCN-D14 23116776

This letter confirms that [contractor] is a subsidiary of [guaranteeing entity] and undertakes to provide a guarantee and indemnity if [contractor] is awarded a contract from its prequalification. [guaranteeing entity] will execute any awarded contract as a covenantor. This letter of undertaking must be resubmitted annually along with financial statements to maintain [contractor]'s prequalification.

Uploaded by

Aibie Gajo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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TEMPLATE

LETTER OF UNDERTAKING TO PROVIDE GUARANTEE


AND INDEMNITY

Chairperson
Prequalification Committee
Main Roads Western Australia
P O Box 6202
EAST PERTH WA 6892 [Insert Date]

Dear Sirs

RE: PREQUALIFICATION
UNDERTAKING TO PROVIDE GUARANTEE AND INDEMNITY

This letter confirms that [insert description of the relationship between the guaranteeing
entity and prequalified contractor eg (name of prequalified contractor) is a wholly owned
subsidiary of (name of guaranteeing entity)].

[insert name of guaranteeing entity] hereby undertakes to provide to the COMMISSIONER


OF MAIN ROADS a guarantee and indemnity in the terms of Clause 5.10 of the General
Conditions of Contract (as amended by SCC 4A) of Main Roads Major Projects Contract
(available from the Main Roads website at http://www.mainroads.wa.gov.au) and Clause 22
of the Design and Construct Project Deed in the event that in the event that [insert name of
prequalified contractor] is awarded a contract arising from the Contractor’s prequalification
status. In that event, [insert name of guaranteeing entity] confirms that it will be a party to,
and execute, that contract in its capacity as covenantor.

[insert name of guaranteeing entity] agrees that this letter of undertaking will be resubmitted
each year, together with the submission of its annual financial statements in support of the
maintenance of [insert name of prequalified contractor]’s prequalification.

Yours faithfully
[Insert name of guaranteeing entity]

[Insert name of Company Secretary/Director/other authorised representative]


Company Secretary/Director/[insert title of other authorised representative]

Please note: the letter must be produced on the organisation’s


letterhead.

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