Me to my client:
"We can't expect the supplier to provide for the full $1m of this bond. They are only providing $300k in services. Just tell them we only expect them to provide for the services they are providing."
The subsequent email that he sent to our supplier:
"Hearing form you about the BOND value, we need back to back with client us$ 1M.
understanding that it is not fair for you, the min of BID BOND is based on your services provided.
That is MIN requirement but we expect you accept us$ 1M. Pls be advice? thanks"
Let me use this analogy:
Say I am selling a car and are my steering wheel supplier. If the car doesn't work, I need to replace it. If the steering wheel doesn't work, I still need to replace it but send it back to you, to replace or refund to me.
My dear friend has said
"If the entire car doesn't work, we have to replace the whole thing but it's really only fair for you to replace the steering wheel. However, as we would have to replace the car are wondering if you wouldn't mind just replacing the whole car as well. Is that ok?"
