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Bond Release Request Letter
"I need to draft a Bond Release Request Letter for a completed construction project in Manchester, where our £500,000 performance bond from HSBC Bank needs to be released by March 2025, with all works signed off by the local council."
1. Sender Details: Full name, address, and contact information of the requesting party
2. Recipient Details: Full name, address of the bond holder or relevant authority
3. Bond Reference: Specific details of the bond including reference numbers and dates
4. Release Request: Clear statement requesting the release of the bond
5. Justification: Explanation of why the bond should be released, including completion of obligations
1. Supporting Documentation Reference: Section listing enclosed documents supporting the release request - used when additional documentation is required to support the release
2. Timeline Request: Section specifying processing timeline requirements - used when there is urgency or specific deadline requirements
3. Alternative Contact: Section providing details of alternative contact person - used when primary contact may not be available
1. Completion Certificates: Evidence of completion of bonded obligations
2. Original Bond Documentation: Copies of original bond agreements and amendments
3. Authorization Evidence: Proof of authority to request bond release
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