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FMS - 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 />

F-4<br />

Ref............... Bank Guarantee No.........<br />

Date......................<br />

To<br />

<strong>GAIL</strong> ( India )Ltd.,<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 tender for<br />

_________________________________________________________________<br />

As an irrevocable Bank Guarantee against Earnest Money for the amount of ______________ is required<br />

to be submitted by the Tenderer as a condition precedent for participation in the said tender which amount<br />

is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document.<br />

We, the ____________________________________ Bank at_____________________________<br />

having our Head Office ________________________________________________________<br />

(Local Address) guarantee and undertake to pay immediately on demand without any recourse to the<br />

tenderers by <strong>GAIL</strong> (India) Ltd., the amount________________ ____________________ without any<br />

reservation, protest, demur and recourse. Any such demand made by <strong>GAIL</strong>, shall be conclusive and<br />

binding on us irrespective of any dispute or difference raised by the Tenderer.<br />

This guarantee shall be irrevocable and shall remain valid upto ____________ [this date should be 6<br />

months after the date finally set out for closing of tender]. If any further extension of this guarantee is<br />

required, the same shall be extended to such required period on receiving instructions from<br />

M/s.__________________________________________________________________________<br />

whose behalf this guarantee is issued.<br />

In witness whereof the Bank, through its authorised officer, has set its hand and stamp on this<br />

___________day of ____________200 __at____________.<br />

WITNESS:<br />

(SIGNATURE) (SIGNATURE)<br />

(NAME) (NAME)<br />

Designation with Bank Stamp<br />

(OFFICIAL ADDRESS) Attorney as per<br />

Power of Attorney No.________<br />

Date:________________________<br />

32

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