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Page 1 of 2 82.13.5015.T.86 Tender No - South Central Railway ...

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2<br />

d. Offer form, tender schedule and firm’s letter head (if used) must be duly signed by the tenderer in each<br />

page.<br />

e. Even if not able to quote, <strong>Tender</strong>ers are requested to return this tender without fail, by the due date<br />

duly signed with the words "NO QUOTATIONS" written across the face <strong>of</strong> it.<br />

f. The <strong>Tender</strong>ers should avoid over writings and corrections. However if such corrections and over<br />

writings become inescapable, these are to be properly and legibly corrected. Offers with correction/<br />

over writing should be properly attested by the <strong>Tender</strong>er at every correction.<br />

g. The rates quoted should be written both in words and figures. The unit <strong>of</strong> rates should be in metric<br />

system and as per tendered specification/schedule. In case <strong>of</strong> difference between words and figures,<br />

the rate in words will prevail. However this does not preclude the <strong>Railway</strong>s for availing themselves <strong>of</strong><br />

the lower rates <strong>of</strong> the two.<br />

h. <strong>Tender</strong>ers are requested to go through the IRS Conditions <strong>of</strong> Contract, Special Conditions <strong>of</strong> Contract,<br />

Instructions to tenderers, General and Special <strong>Tender</strong> conditions carefully and note that, by submitting<br />

the tender documents, duly signed, they have accepted these conditions and undertake to abide by<br />

these conditions.<br />

EARNEST MONEY DEPOSIT & SECURITY DEPOSIT:<br />

2.1 EARNEST MONEY DEPOSIT: FOR OPEN TENDERS:<br />

2.1.1 Earnest Money may not be taken from other <strong>Railway</strong>s, Govt. Departments, SSI units registered by<br />

NSIC, manufacturers and their authorized agents and firms borne on the list <strong>of</strong> the approved sources<br />

<strong>of</strong> <strong>Railway</strong>/RDSO/DLW/CLW/ICF/RCF/CORE,etc. The Earnest Money may not be taken also from<br />

tenderers who are registered with S.C. <strong>Railway</strong>.<br />

2.1.2 In this connection, it may be noted that such waiver <strong>of</strong> Earnest Money in favour <strong>of</strong> SSI Units<br />

registered with NSIC and firms registered with the <strong>Railway</strong>s may be considered in respect <strong>of</strong><br />

items/Trade Groups for which, the tenderer is registered with the <strong>Railway</strong>s/NSIC and upto a value<br />

equal to monetary limit <strong>of</strong> such registration.<br />

2.1.3 The amount <strong>of</strong> EMD to be taken in Advertised tenders wherever applicable, will be 2% <strong>of</strong> the<br />

estimated tender value subject to an upper limit <strong>of</strong><br />

a) Rs.5 Lakh for tenders valuing upto Rs. 10 Crores and<br />

b) Rs.10 Lakhs for tenders valuing above Rs.10 Crores.<br />

2.1.4 EMD should remain valid for a period <strong>of</strong> 45 days beyond the final bid validity period.<br />

2.1.5 <strong>Tender</strong>ers seeking waiver <strong>of</strong>/exemption from payment <strong>of</strong> Earnest Money shall have to submit<br />

requisite documentary evidence in support <strong>of</strong> their claim. For the other tenderers, Earnest Money<br />

as stipulated in the <strong>No</strong>tice for Invitation <strong>of</strong> <strong>Tender</strong>s (NIT) will have to be paid.<br />

2.1.6 <strong>Tender</strong>ers other than those who are exempt from paying Earnest Money or in whose favour Earnest<br />

Money Payment may be waived as detailed in the preceding paragraphs shall be required to give<br />

Earnest Money failing which, their <strong>of</strong>fers shall be liable to be ignored.<br />

2.1.7 Forfeiture <strong>of</strong> Earnest Money:<br />

When the tenderers undertake to keep the <strong>of</strong>fers valid for a particular period but if the <strong>of</strong>fer is<br />

withdraw or revised within the validity period, the Administration gets the right to forfeit the Earnest<br />

Money Deposit.<br />

2.2 SECURITY DEPOSIT:<br />

Please note the following conditions <strong>of</strong> IRS Conditions <strong>of</strong> Contract:<br />

2.2.1 Para 0501: Unless otherwise agreed between the Purchaser and the contractor, the contractor shall,<br />

within 14 days <strong>of</strong> written notice <strong>of</strong> acceptance <strong>of</strong> the tender has been posted to the contractor,<br />

deposit with the <strong>Railway</strong> concerned (in cash or the equivalent in Government Securities or approved<br />

Banker's Guarantee Bond) a sum equal to 10 per cent <strong>of</strong> the total value <strong>of</strong> the stores detailed in the<br />

contract for which, the tender has been accepted, subject to upper ceiling <strong>of</strong> Rs.10 Lakhs for<br />

contracts valuing upto Rs.10 Crores & Rs. 20 Lakhs for contract valuing above Rs. 10 Crores.<br />

2.2.2 SAFETY ITEMS: The Security Deposit (SD)/Performance Guarantee shall be taken from all firms for<br />

contracts for Safety Items placed against Advertised <strong>Tender</strong>s and Global <strong>Tender</strong>s wherever the<br />

contract value exceeds Rs.10 lakhs.<br />

Read and Accepted Signature <strong>of</strong> <strong>Tender</strong>er

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