- How to Issue a Bank Guarantee on Etimad?
Etimad provides a digital service for private sector suppliers and contractors to request and issue bank guarantees (initial or final) online. The guarantee is automatically linked to the supplier's financial offer in public tenders.
Who Can Use This Service?
- Private sector suppliers and contractors.
- Financial institutions (banks, fintech, and lenders).
- Government entities.
Steps for Suppliers and Contractors
- Log in to Etimad Platform.
- Access the Bank Guarantees Management service.
- Choose the type of guarantee (initial or final).
- Click Request New Bank Guarantee.
- Fill in the required data and select the bank.
- Proceed to payment (SAR 100 fee).
- The request is forwarded to the bank for processing.
- Once approved, the guarantee becomes available in your dashboard.
- Etimad automatically attaches the bank guarantee to your financial offer in the competition system.
Steps for Banks and Financial Institutions
- Log in to Etimad.
- Access Bank Guarantees Management.
- Review supplier requests.
- Choose to approve, reject, or request additional information.
- Upon approval, enter the guarantee details and upload the document.
- The guarantee is then sent to the government entity automatically.
Steps for Government Entities
- Access bank guarantees through Etimad or the competition system.
- View both initial and final guarantees.
- Manage actions such as releasing, editing, or validating guarantees.
Requirements
- Active annual subscription on Etimad.
- Proper permissions through the User Management System (
Bank Guarantees Managementrole).
Target Audience
- Private suppliers and contractors.
- Banks and financial service providers.
- Government procurement officers.
Service Fees
💳 SAR 100 per guarantee request (paid by the supplier).
- - Personalized Alerts
- - Alerts through WhatsApp and Email
- - Instant Search
- - Export to Excel
- - Excel Quantity Tables
- - Awarding and Proposals Data
- - Suppliers Data
- - Complete Data (including what was removed from Etimad)
- - Preparing Technical and Financial Proposals
Related Links
- ◾ Bidding in Government Projects
- ◾ Classification Certificates for Tenders
- ◾ Construction Tenders in Saudi Arabia
- ◾ Data Collection and Analysis in Tender Evaluations
- ◾ Are You Eligible to Enter a Tender?
- ◾ construction contract
- ◾ contract templates pdf
- ◾ Preparing Tender Approval Documents
- ◾ Etimad Subscription Fee
- ◾ Local Content Preference
- ◾ operations and maintenance contract
- ◾ Pre-registration in Etimad Tenders
- ◾ supply contract
- ◾ Organizing Unified Procurement via Endorsing Competitions
- ◾ Localization of Saudi Industries
- ◾ Excellence in Government Tender Offers
- ◾ Qualifying for Government Tenders
- ◾ Tender Application Guide
- ◾ What is the benefit of the Etimad Platform?
- ◾ Comprehensive Guide for Government Tenders
- ◾ Legal Compliance in Competition Accreditation
- ◾ Avoid These Mistakes
- ◾ Government Bidding System
- ◾ Etimad Platform for New Companies
- ◾ Pricing Services and Purchases
- ◾ Successful Bids
- ◾ Types of Tenders
- ◾ Regulations and Laws
- ◾ Tenders Guide
- ◾ Bid Evaluation
- ◾ Strategies for Winning Tenders
- ◾ Technical Standards for Tenders
- ◾ Preparing Technical Proposals
- ◾ Tenders and Investment
- ◾ Tender Strategies
- ◾ Electronic and Traditional Tendering
- ◾ tender browsing - Etimad
- ◾ Bid Evaluation in Tenders
- ◾ Modify Bid After Submission
- ◾ Pre-Qualification – Etimad
- ◾ Grievance Escalation – Etimad
- ◾ Tender Grievance – Etimad
- ◾ Finding Open Tenders
- ◾ Improving Winning Chances
- ◾ Bank Guarantees – Etimad Platform
- ◾ Participating in Government Tenders
- ◾ Purchase Tender Docs – Etimad
- ◾ Bid Extension – Etimad
- ◾ Direct Purchase Response – Etimad
- ◾ Post-Qualification - Etimad
- ◾ Tender Inquiries – Etimad Platform
- ◾ Bid Submission – Etimad Platform
- ◾ Financial Claims – Etimad Platform
- ◾ Tender Award Results – Etimad
- ◾ Criteria for Selecting the Winning Bid
- ◾ Obtaining Government Tenders
- ◾ Withdrawing from Direct Purchase Invitation - Etimad
- ◾ Bid Withdrawal – Etimad
- ◾ Objecting to Tender Results
- ◾ Common Mistakes
- ◾ Documents Required for Tenders
- ◾ Steps for Submitting an Offer in a Tender
- ◾ construction contract
- ◾ contract templates
- ◾ operations and maintenance
- ◾ supply contract
- ◾ What are Tenders?
- ◾ Etimad Platform for Government Entities
- ◾ Etimad Platform for Individuals
- ◾ Etimad Platform and Government Tenders
More
Steps for Submitting an Offer in a Government Tender
A comprehensive guide on the basic steps for submitting an offer in a tender, starting with registration on the government platform to tracking the offer status, ensuring a professional submission that increases winning chances.
What Is the Official Construction Contract in Saudi Arabia and When Should It Be Used?
A complete guide to the government-issued construction contract template used in public infrastructure projects, including key clauses and conditions.
What Are the Official Contract Templates in Saudi Arabia and When Should Each Be Used?
A detailed explanation of the official government contract templates issued in Saudi Arabia and how to use each one based on project type or procurement category.
What Is the Official Operations & Maintenance Contract in Saudi Arabia and When Should It Be Used?
A practical guide to understanding the Etimad-approved O&M contract used in government projects for facility management and preventive maintenance.
What Is the Official Supply Contract in Saudi Arabia and What Are Its Main Clauses?
A detailed overview of the official Etimad Supply Contract used in government procurement, including key clauses, use cases, and legal implications.
What are Tenders? Definition, Importance, Types, and Stages
A comprehensive guide on tenders, explaining their definition, types, objectives, and the essential stages they go through to achieve transparency and fair competition.
What is the Etimad Platform for Government Entities?
A comprehensive guide to the Etimad platform for government entities, the platform affiliated with the Saudi Ministry of Finance for managing procurement processes, contracts, and budgets, enhancing transparency and efficiency in government transactions.
What is the Etimad Platform for Individuals?
A comprehensive guide to the Etimad Platform for individuals, the government platform under the Saudi Ministry of Finance that offers financial and administrative services in government transactions like participating in tenders and inquiring about dues.