Wednesday, July 14, 2021

Arbitration case


Introducing 3

Date: 1st March, 2011 
 To: Mr. Debabrata Adhikari Dy. Gen.Mgr. (Marketing) 
Mechanical East Bridge And Roof Co. (India) Ltd. 
Kankaria Centre (5th Floor) 2/1,
Russel Street Kolkata - 700 071. 

Sub : Local agency.

Dear Sir, 
We would like to introduce ourselves as a civil contractor in Bangladesh and are involved in many small civil projects in Bangladesh. Our clients are Dhaka City Corporation, Public Health Engineering (PHE) and Department of Water Supply. We have good connection in various Government departments in Bangladesh particularly in the civil section of the concerned department. We understand that you are a reputed Government of India Enterprise having exposures in civil and mechanical jobs. There are many jobs coming in the near future in the field of civil construction in Bangladesh and we would like to represent you as your local agent in Bangladesh where you have to bid the tenders in your name. 

We request you to kindly inform us if you are interested to bid the forthcoming tenders enabling us to providing you with tender information as well as support you as your local agent officially. 

Thanking you, 
Yours faithfully, 
Abu Shahadat Khokon
Proprietor

Authorization to collect Bid Bond 3

Date: Sept’ 28, 2017
Ref: ATT/BREB/Bid Bond/63

The
Project Director, URIDS, RRKB
Bangladesh Rural Electrification Board
BREB Training Academy Building (5th floor)
Nikunja-2, Khilkhet
Dhaka-1229

Sub: Authorization to collect Bid Security No. GC2700717000217 for USD. 220,000.00 & No.GC1900317000050 for USD.50,000.00 against Bid Package No. URIDS(W)-G-02, Lot nos. URIDS(W)-G-02-02 & URIDS(W)-G-02-03, under ADB Loan, Closed on February 19, 2017.

Dear Sir

Reference to the above, we on behalf of our foreign principal Hangzhou Cable Co. Ltd., China and  Ningbo Orient Wires & Cables Co. Ltd., China have participated in the subject tenders. So you are requested to kindly release our subject Bid Securities  for this we already submitted our prayer earlier to you.

Therefore, please make delivery of all above Bid Securities to Nabi Hossain, Executive Accounts of our company. The specimen signature of Nabi Hossain have duly attached herewith for your needful.

Your kind co-operation in this regard shall be highly appreciated.

Yours faithfully
For Asia Trade & Technology

Md. F. Ansari
Proprietor & CEO




------------------------------------------------------------                                            Attached
The specimen Signature of Nabi Hossain                                                               ---------------------------------

                                                                                                                                Md. F. Ansari

Tuesday, July 13, 2021

Commission Agreement

No.NOWCCL/ATT/02 This agreement is made on July 20, 2010 between: Party-A: Ningbo Orient Wires & Cables Co., Ltd., having its principal office: 21-22F., No. 1. Building, Lane-999, Yangfan Road, Ningbo National Hi & New-Tech Industry Development Zone, Ningbo, China-315040. Tel: 0086-574-81688324, Fax: 0086-574-86188322 E-mail: jameszhang@orientgroup.com Party B: Seven Power Associated Ltd., having its principal address: 3/4-A, Purana Paltan, Sabbir Tower (6th floor), Dhaka-1000. Bangladesh. Office telephone Phone: 0088 02 9551756, M. Phone No.:0088 1819150762. Fax: 0088 02 9551861, Email: ansarif@rocketmail.com Contact Person: Md. F. Ansari. Chairman & CE, Concerning the project: Procurement of Conductor Package 3 for Central Zone Power Distribution Project, Mymensingh, BPDB under ODA Loan No. BD-P 59 dated Mar.1,2009 from Japan International Cooperation Agency (JICA). Both parties agreed on following points: 1. As party B is agent of party A, party B has participated in the mentioned Sub-Package (Int’l tender) on behalf of party A, party B worked hard to get the contract for party A & already succeeded to have contract for party A. 2. Now party B is responsible to work for party A to protect party A’s benefit i.e. to assist party A in order to smooth execution of contract within the validity period of contract, in the full length of the contract, party B’s responsibilities are to clarify BPDB’s requirements for party A, as to ensure party A’s correct & smooth execution, to ensure party A’s safety for each payment, as well as release of performance guarantee. 3. In addition, party A have to work to ensure production, packing, material quality & quantity, pre-shipment inspection, post shipment inspection as per BPDB’s requirement. Without party A’s permission, party B has no right to sign any legal report, contract or papers on behalf of party A. 4. For the works for party B, party A allowed them total 1.5% (One point five percent) commission on total contract value. The mode of payment of above commission is as per following criteria: a. 0.33% (Zero point three three percent) commission against total contract value shall be paid to the party B, as for promotional expenditure to purchaser after having contract, as well as purchaser’s opening L/C in favor of party A. b. 0.33% (Zero point three three percent) of commission against total contract value shall be paid to the party B, after party A gets 15% down payment from the purchaser. c. 0.67% (Zero point six seven percent) of commission against total contract value shall be paid to the party B, after party A gets 75% payment from the purchaser after delivery. d. 0.10% (Zero point one zero percent) commission against total contract value shall be paid to the party B, after party A gets rest 5% payment from the purchaser after the acceptance of goods at destination. e. 0.07% (Zero point zero seven percent) of commission against total contract value shall be paid to the party B, after party A gets the last 5% payment from the purchaser. Party A Party B James Zhang Md. F. Ansari Project Manager Chairman Ningbo Orient Wires & Cables Co., Ltd., China. Seven Power Associates Ltd

Monday, July 12, 2021

Cancellation of original Bank Guarantee (SWIFT advice) #GC2700716001855 for USD.200,000.00, #GC2700716001856 for USD. 200,000.00 And #GC2700716001857 for USD.200,000.00, all dated 19.09.2016 .

Date: April 13, 2017
Ref: ATT/EBL-03/17


To
The Manager
Trade Operation Dept.
Eastern Bank Ltd.
10, Dilkusha C/A
Jiban Bima Bhaban
Dhaka-1000.


Attn: Ms. Nasrin Masuma
          Senior Manager, Trade Operations


Sub: Cancellation of original Bank Guarantee (SWIFT advice) #GC2700716001855 for    
         USD.200,000.00, #GC2700716001856 for USD. 200,000.00 And #GC2700716001857
         for USD.200,000.00, all dated 19.09.2016 .


Dear Madam

Please be informed that we received subject mentioned 3(three) Bank Guarantee from Bangladesh Rural Electrification Board (BREB), of which was submitted on behalf of Hangzhou Cable Company Ltd., China along with their Bid, also has been issued by your Bank on request of Bank of China, Zhejiang Branch.

Kindly cancel this Bank Guarantee & re-adjust the same with the account of our foreign principal, Hangzhou Cable Company Ltd., China.

Your urgent co-operation in this regard shall be highly appreciated.

Yours faithfully
For Asia Trade & Technology


Md. F. Ansari.
Proprietor & CEO



Encl: 3 (Three) Original Bank Guarantee (SWIFT advice).


Friday, July 9, 2021

Authorization to collect Bid Bond 2

Date: January 30, 2017
Ref: ATT/EBL/Bid Bond/17-17


The
Manager
Eastern Bank Ltd.
Trade Services Division
Jiban Bima Bhaban (1st floor)
10, Dilkusha C/A
Dhaka-1000

Kind attn: Ms. Nasrin Masuma , Senior Manager, Trade Operations

Sub: Authorization to collect Bid Bond.

Dear Madam

Reference to the above, we have come to know that following Bid Bond is ready to handover us:-

1.       Total 4(four) Bid Bonds SWIFT copy in favor of Bangladesh Rural Electrification Board (BREB) from Bank of China, Zheziang Branch. A/C: Hangzhou Cable Company Ltd. China.

2.       One Bid Bond to be issued as guarantee format in favor of Bangladesh Rural Electrification Board (BREB) for USD. 600000 from Bank of China, Zheziang Branch. A/C: Hangzhou Cable Co. Ltd, China.

3.       Total 2(Two) Bid Bonds SWIFT copy in favor of Bangladesh Rural Electrification Board (BREB) from Bank of China, Ningbo Branch, A/C: Ningbo Orient Wires & Cables Co. Ltd., China.

Therefore, you are requested to make delivery of all above Bid Bonds to Nure Alam Siddique one of our employee. The specimen signature of Nure Alam Siddique have duly attached herewith for your needful.

Your kind co-operation in this regard shall be highly appreciated.

Yours faithfully
For Asia Trade & Technology


Md. F. Ansari
Proprietor & CEO
                                                                      Attached
The specimen Signature of Nure Alam Siddique --------------------------------
                                                                                                                                                                
Md. F. Ansari

Authorization to collect Bid Bond.

Date: May 04, 2017
Ref: ATT/EBL/Bid Bond/37-17


The
Manager
Eastern Bank Ltd.
Trade Services Division
Jiban Bima Bhaban (1st floor)
10, Dilkusha C/A
Dhaka-1000


Kind attn: Ms. Nasrin Masuma , Senior Manager, Trade Operations

Sub: Authorization to collect Bid Bond.

Dear Madam

Reference to the above, we have come to know that total 2(two) Bid Bonds SWIFT copy in favor of Bangladesh Rural Electrification Board (BREB) from Bank of China, Zhejiang Branch. A/C: Hangzhou Cable Company Ltd. China is ready to handover us:-


Therefore, you are requested to make delivery of all above Bid Bonds to Nure Alam Siddique one of our employee. The specimen signature of Nure Alam Siddique have duly attached herewith for your needful.

Your kind co-operation in this regard shall be highly appreciated.

Yours faithfully
For Asia Trade & Technology


Md. F. Ansari
Proprietor & CEO




------------------------------------------------------------                                             Attached
The specimen Signature of Nure Alam Siddique                                            -----------------------------

                                                                                                                        Md. F. Ansari

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