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Subject: Appeal to Substitute Bank Guarantees with Surety Bonds for Ongoing Contracts

To:

[Government Authority Name]

[Designation]

Dear [Sir/Madam/Name],

I trust this message finds you well.

We write to request your support in optimising our contractual engagements under the following ongoing projects:

1. Project: [Name], Tender No. [Insert]
2. Project: [Name], Tender No. [Insert]

Context

As you are likely aware, the current GeM General Terms and Conditions following from the Ministry of Finance’s General Financial Rules (GFR) 2017, explicitly permit the use of Surety Bonds as valid instruments for both Earnest Money Deposit (EMD) and Performance Guarantees.

Specifically, as per:

1. GeM GTC Version 4.0: The latest version, issued on [insert date], affirms the acceptance of Surety Bonds, as outlined in section [insert section number].
2. Ministry of Finance, General Financial Rules (GFR) 2017: These rules endorse the use of Surety Bonds, reflecting the government's commitment to fostering ease of doing business, particularly for MSMEs.