Services, Vehicle Hiring, Vehicle Hiring Service-Chhattisgarh

Tender For ) as Earnest Money deposited in cash through e-payment gateway or as mentioned in tender documents, failing which thetender shall l not be considered. Any firm recognized by Department ofIndustrial Policy and Promotion (DIPP) as Startups shall be exempted frompayment of Earnest Money on submission of Registration Certificate issued byappropriate authority. (b) The Tenderer(s) shall keep the offer open for aminimum period of 45 days (in case of two packet system of tendering 60days) from the date of opening of the Tender. It is understood that the tenderdocuments have been issued to the Tenderer(s) and the Tenderer(s), is / arepermitted to tender in consideration of the stipulation on his / their part thatafter submitting his / their tender subject to the period being extended further,if required by mutual agreement from time to time, he will not resile from his12 offer or modify the terms and conditions thereof in a manner not acceptable to No No Not Allowedthe Engineer Should the tenderer fail to observe or comply with the foregoingstipulation, the amount deposited as Earnest Money for the due performanceof the above stipulation, shall be forfeited to the Railway. (c) If his tender isaccepted the earnest money mentioned in sub clause (a) above will beretained as part security for the due and faithful fulfillment of the contract interms of Clause 16 of the Standard General Conditions of Contract. TheEarnest Money of other Tenderers shall, save as herein before provided, bereturned to them, but the Railway shall not be responsible for any loss ordepreciation to the Earnest Money that may happen thereto while in theirpossession, nor be liable to pay interest thereon. (d) In case Contractorsubmits the Term Deposit Receipt/Bank Guarantee Bond towards full SecurityDeposit, the Railway shall return the Earnest Money so retained to theContractorRights of the Railway to deal with Tender: The authority for the acceptance ofthe tender will rest with

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