Bid Credit Voucher Bid Credit Voucher refers to an off-balance-sheet credit business in which the business department promises to the tenderee in the form of bid credit voucher according to the requirements of the applicant (bidder) that when the applicant (bidder) wins the bid, it will meet the normal and reasonable demand of the project within the promised amount under the bid credit voucher during the implementation of the winning project.

(1) product function

Supporting bidders to participate in project bidding is beneficial to the project bidders to win the bid.

(2) Classification

It can be divided into two types: bidding credit authentication business with additional clauses and bidding credit authentication business without additional clauses.

(3) Scope of application

Enterprises (institutions), legal persons and other economic organizations.

(4) Customer application materials

In addition to providing materials in accordance with the requirements of secured loans, it is also necessary to provide:

1. Apply to open a tender credit certificate and related application documents;

2, the project bidding documents;

Step 3 deposit the bill.

(5) Other matters.

1. When the applicant and its certified tenderee change the relevant contents of the project subject to tender under the commitment of bid credit certificate without our prior written consent, our department has the right to terminate the performance of the credit commitment under the bid credit certificate.

2. When there are related matters that endanger the creditor's rights and interests of our department, or when the investment of the winning project changes significantly, our department will terminate its credit commitment obligations under the bidding credit certificate and notify the applicant and the tenderer in writing.

3. The tender credit certificate will automatically become invalid under the following circumstances: the applicant fails to pass the pre-qualification, fails to win the bid, the validity period of the tender credit certificate expires or our obligations have been fulfilled.