Annexure-I(a)

 

GENERAL TERMS AND CONDITIONS

 

 

1.       The time frame for the completion of the work will be 45 days from the date of Issue of work order.

2.       Rs.10,000/- (Rupees ten thousand only) as EMD (Earnest money deposit) to be submitted along with the tender form.

3.       Initial Security Money Deposit @ 2% of the tendered cost (less EMD) is to be deposited by the selected firm to NEDFi within 7days from the date of issue of work order.

4.        3% of the tendered cost will be retained as Security money deposit from each running bill.

5.       5% of the tendered cost will be retained for three months from the date of completion of work (as per clause no. 2& 3) and will be paid after the defect liability period (i.e. three months).

6.       All works to be carried out as per design and specifications (description written with all items) and as instructed by NEDFi.

7.      Furnish registration of the firm with various State/Central/public sector agencies.

8.      The firm must have work experiences of minimum three years with a single contract value of minimum Rs. 5 lakhs. Furnish necessary certificates (Zerox copies).

 

We understand that you are not bound to accept the lowest or any tender you may receive.

 

Dated this _____________days of___________________

 

Signature _____________________ in the capacity of ____________

 

 

Duly authorised to sign tender for and on behalf of

_______________________  ( in block capitals)

 

Name of witness _______________ Address ____________________

Signature ______________________________