Supply, installation, testing and commissioning of pcs and ... - GAIL
Supply, installation, testing and commissioning of pcs and ... - GAIL
Supply, installation, testing and commissioning of pcs and ... - GAIL
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PROFORMA FOR BANK GUARANTEE FOR EARNEST MONEY DEPOSIT/ BID SECURITY<br />
(To be stamped in accordance with the Stamp Act)<br />
Ref............... Bank Guarantee No.........<br />
Date......................<br />
To<br />
<strong>GAIL</strong> (India) Limited,<br />
<strong>GAIL</strong> BHAWAN,<br />
16, BHIKAJICAMA PLACE,<br />
New Delhi – 110066<br />
India<br />
Dear Sir(s),<br />
In accordance with Letter Inviting Tender under your reference No___________<br />
M/s.______________________________ having their Registered / Head Office at<br />
_________________________(hereinafter called the Tenderer) wish to participate in the said<br />
tender for _________________________________________________________________<br />
As an irrevocable Bank Guarantee against Earnest Money for the amount <strong>of</strong> ______________ is<br />
required to be submitted by the Tenderer as a condition precedent for participation in the said<br />
tender which amount is liable to be forfeited on the happening <strong>of</strong> any contingencies mentioned in<br />
the Tender Document.<br />
We, the ____________________________________ Bank at____________________________<br />
having our Head Office ____________________________________________________ (Local<br />
Address) guarantee <strong>and</strong> undertake to pay immediately on dem<strong>and</strong> without any recourse to the<br />
tenderers by <strong>GAIL</strong> (India) Ltd., the amount_________________________________ without any<br />
reservation, protest, demur <strong>and</strong> recourse. Any such dem<strong>and</strong> made by <strong>GAIL</strong>, shall be conclusive<br />
<strong>and</strong> binding on us irrespective <strong>of</strong> any dispute or difference raised by the Tenderer.<br />
This guarantee shall be irrevocable <strong>and</strong> shall remain valid upto ____________ [this date should be<br />
6 months after the date finally set out for closing <strong>of</strong> tender]. If any further extension <strong>of</strong> this<br />
guarantee is required, the same shall be extended to such required period on receiving<br />
instructions from M/s.______________________________________________________ whose<br />
behalf this guarantee is issued.<br />
In witness where<strong>of</strong> the Bank, through its authorised <strong>of</strong>ficer, has set its h<strong>and</strong> <strong>and</strong> stamp on this<br />
___________day <strong>of</strong> ____________200 __ at____________.<br />
WITNESS:<br />
(SIGNATURE) (SIGNATURE)<br />
(NAME) (NAME)<br />
Designation with Bank Stamp<br />
(OFFICIAL ADDRESS) Attorney as per<br />
Power <strong>of</strong> Attorney No.________<br />
Date:________________________<br />
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