How an Energy Firm Secured a
$600K Bid Bond in Just 6 Days
Through Express Trade Finance
With only 10 days to tender deadline, we coordinated swift Bid Bond issuance, enabling on-time submission and competitive positioning.
$600,000
100%
6 days
10 days
Client Profile
A growing energy firm preparing to participate in a major government tender required a Bid Bond of USD 600,000 to qualify for submission. The company had limited time to meet the tender requirements and approached Express Trade Finance for a fast and reliable solution.
The client contacted Express Trade Finance with only 10 days remaining before the bid submission deadline.
The Challenge
Core Problem
Traditional banking channels involved lengthy documentation and approval timelines, which would have delayed issuance beyond the tender date. Missing this deadline could have resulted in disqualification from a key project opportunity.
Key Pain Points
Urgent timeline (10 days to arrange issuance)
Need for a compliant Bid Bond format matching tender specifications
Requirement for fast coordination between all parties involved
Risk of disqualification if deadline missed
The Solution
Express Trade Finance (ETF) immediately activated its global network of partner banks to manage the issuance process.
Our Approach
ETF initiated the process with a suitable issuing bank and arranged a draft of the Bid Bond in the client’s required format quickly, ensuring all terms aligned with the tender conditions.
The documentation and approval process were closely coordinated to meet the client’s deadline efficiently.
The Results
By partnering with Express Trade Finance, the energy firm was able to meet critical tender timelines and maintain a strong competitive position.
ETF’s efficient facilitation, structured process, and global banking relationships ensured a fast, compliant, and seamless issuance experience.
 All tender requirements fully met
Smooth coordination between client, ETF, and issuing bank
On-time bid submission achieved
Client maintained strong competitive position in tender process
Issued in
Facing a Tight Deadline for Your Bid Bond?
Don’t let slow banking processes cost you the project. Express Trade Finance specializes in fast-track issuance that meets your deadlines.