South Asian Association for Regional Cooperation (SAARC)
11-08-2021
Work Detail
Tenders are invited for Supply of Aluminum Kettle 5ltr No S 1002 Torch Non Recharehable No S 2003 Plastic Tray S in out for Table No S 5004 Plastic Bowl 01 Ltr No S 20Bid Bond Guarantee If the Quoted Bid Value Exceeds Rs 2 000 000 00 Such Bids should be Accompanied with 1 of Bid Value an on Demand and Unconditional Bid Bond Guarantee for a Sum of Rs In the Format Given in Annex C through a Recognized Local Bank or Insurance Company Registered in Sri Lanka Which is Authorized by the Insurance Board of Sri Lanka to Issue Such Bid Guarantees All Bid Bond Guarantees should be Valid for at Least 30 Days More than the Validity Period of Bids Ie for 150 Days from the Date of Bid Opening Cheques will not be Accepted as Bid Guarantee Performance Bond Guarantee A Successful Bidder shall Furnish a Performance Bond Guarantee in the Form of on Demand Unconditional Bank Insurance Guarantee for a Sum Equivalent to 10 of the Contract Value for Every Contract that Exceeds Rs 2 000 000 00 or Equivalent Amount in Foreign Currency through a Recognized Commercial Bank Registered in Sri Lanka or through an Insurance Company Authorized by the Insurance Board of Sri Lanka to Issue Such Performance Guarantee for this Purpose within Two Weeks from the Date of Notification of Award
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