Work Description - Invitation To Act As Issuing Bank For An Aggregate/portfolio Letter Of Credit (lc) To Cover Three Sub-projects, Such Lc Backstopped By A Guarantee From The International Bank For Reconstruction And Development (ibrd) To Support The Sngrbp

The National Mission for Clean Ganga (NMCG) is inviting bids from eligible banks to act as the Issuing Bank for a Letter of Credit (LC) to support the SNGRBP. The LC will cover three sub-projects and is backed by a guarantee from the International Bank for Reconstruction and Development (IBRD). This open tender, with a reference number of G-35/3/2024-BUDGET-NMCG, requires bidders to submit two covers: one containing technical and financial qualifications and the other containing the financial bid. The tender process is open from July 1, 2024, with a closing date of September 20, 2024. The bid opening date is also set for September 20, 2024. Interested banks can access the tender documents online, including the Request for Proposal (RFP) and the Bill of Quantities (BOQ), which are available for download starting July 1, 2024. The successful bidder will be responsible for issuing the Letter of Credit in accordance with the NMCG's requirements. This is a crucial project to support the National Mission for Clean Ganga's efforts to revitalize the Ganges River, and interested banks are encouraged to submit their proposals by the deadline.