Services, Vehicle Hiring, Vehicle Hiring Service-Chhattisgarh

) As Earnest Money Deposited In Cash Through E- Payment Gateway Or As Mentioned In Tender Documents, Failing Which The Tender Shall L Not Be Considered. Any Firm Recognized By Department Of Industrial Policy And Promotion ( Dipp ) As Startups Shall Be Exempted From Payment Of Earnest Money On Submission Of Registration Certificate Issued By Appropriate Authority. ( B ) The Tenderer ( S ) Shall Keep The Offer Open For A Minimum Period Of 45 Days ( In Case Of Two Packet System Of Tendering 60 Days ) From The Date Of Opening Of The Tender. It Is Understood That The Tender Documents Have Been Issued To The Tenderer ( S ) And The Tenderer ( S ) , Is / Are Permitted To Tender In Consideration Of The Stipulation On His / Their Part That After 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 His 12 Offer Or Modify The Terms And Conditions Thereof In A Manner Not Acceptable To No No Not Allowed The Engineer Should The Tenderer Fail To Observe Or Comply With The Foregoing Stipulation, The Amount Deposited As Earnest Money For The Due Performance Of The Above Stipulation, Shall Be Forfeited To The Railway. ( C ) If His Tender Is Accepted The Earnest Money Mentioned In Sub Clause ( A ) Above Will Be Retained As Part Security For The Due And Faithful Fulfillment Of The Contract In Terms Of Clause 16 Of The Standard General Conditions Of Contract. The Earnest Money Of Other Tenderers Shall, Save As Herein Before Provided, Be Returned To Them, But The Railway Shall Not Be Responsible For Any Loss Or Depreciation To The Earnest Money That May Happen Thereto While In Their Possession, Nor Be Liable To Pay Interest Thereon. ( D ) In Case Contractor Submits The Term Deposit Receipt / Bank Guarantee Bond Towards Full Security Deposit, The Railway Shall Return The Earnest Money So Retained To The Contractor Rights Of The Railway To Deal With Tender: The Authority For The Acceptance Of The Tender Will Rest With The Railway. It Shall Not Be Obligatory On The Said Authority To Accept The Lowest Tender Or Any Other Tender, And Tenderer ( S ) Shall 13 No No Not Allowed Neither Demand Any Explanation For The Cause Of Rejection Of His / Their Tender Nor The Railway To Assign Reasons For Declining To Consider Or Reject Any Particular Tender Or Tenders. If The Tenderer ( S ) Deliberately Gives / Give Wrong Information In His / Their 14 Tender Or Creates / Create Circumstances For The Acceptance Of His / Their No No Not Allowed Tender, The Railway Reserves The Right To Reject Such Tender At Any Stage. If The Tenderer ( S ) Expire ( S ) After The Submission Of His / Their Tender Or After The Acceptance Of His / Their Offer, The Railway Shall Deem Such Tender Cancelled. If 15 A Partner Of A Firm Expires After The Submission Of Their Tender Or After The No No Not Allowed Acceptance Of Their Tender, The Railway Shall Deem Such Tender As Cancelled, Unless The Firm Retains Its Character Page 4 Of 15 Run Date / Time: 21 / 06 / 2019 15:34:45Nagpur-Secr-Division-S And T / South East Central Rly Tender Document

Refer document

Refer document

Refer document