A well-known EPC Contractor having core expertise in the Education sector had an urgent requirement of Performance and Advance Payment Guarantee for a Social Upliftment Project of Euro 117mn which they had duly signed with a West African country’s Ministry of Education.
Considering that the purpose was one of Blend’s thrust area, in an internal consortium of EPC contractor partners, we were enthralled and successfully structured a unique solution for the client. Blend, with its vast experience, acuity and comprehensive understanding of the project was not only able to arrange Performance and Advance Guarantee of over Euro 52mn, but was also able to cater to their need of Retention Guarantees.