Advance Payment Guarantee Bond Template for Pakistan

1. Multiple Currency Provisions: Required when the guarantee involves more than one currency or exchange rate considerations

2. Counter-Guarantee Provisions: Needed when there's a foreign bank counter-guarantee involvement

3. Step-Down Provisions: Used when the guarantee amount reduces progressively based on project milestones or deliveries

4. Assignment Restrictions: Required when specific limitations on transfer or assignment need to be imposed

5. Force Majeure: Optional clause for circumstances preventing guarantee execution

6. Electronic Presentation: Required when electronic submission of claims is permitted

1. Schedule 1 - Underlying Contract Details: Copy or summary of the main contract requiring the advance payment guarantee

2. Schedule 2 - Form of Demand: Template for making a claim under the guarantee

3. Schedule 3 - Party Details: Complete details of all parties including registration numbers and addresses

4. Schedule 4 - Payment Schedule: If applicable, schedule of guarantee amount reductions

5. Appendix A - Supporting Documents: List of required documents for claim verification

6. Appendix B - Authentication Procedures: Procedures for verifying authenticity of claims and communications