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Tender invited for Development of Train Collision Avoidance System

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(iv) having executed the contract fails to give the bonds so a<strong>for</strong>esaid within the period<br />

provided in the contract.<br />

This guarantee shall be irrevocable and shall remain valid up to 4.00 P.M. on ............... if further<br />

extension to this guarantee is required, the same shall be extended to such required periods on<br />

receiving instructions from M/s.............................................................................. on whose<br />

behalf this guarantee is issued.<br />

Date…………………… Signature………………….<br />

Place…………………… Printed Name……………..<br />

Witness………………… ……………………………<br />

……………………………….<br />

(Bank’s Common Seal)<br />

(Designation)<br />

<strong>Tender</strong> No. SP-3/041/Signal/OT/2012 52 <strong>of</strong> 60

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