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Annual Rate Contract for O&M Services for NCR GAS O&M ... - GAIL

Annual Rate Contract for O&M Services for NCR GAS O&M ... - GAIL

Annual Rate Contract for O&M Services for NCR GAS O&M ... - GAIL

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• PART- B<br />

PRICED BID<br />

It should contain only prices and no conditions whatsoever.<br />

• PART- C<br />

BID SECURITY / EARNEST MONEY DEPOSIT (EMD)<br />

It should contain the bid security in original in the prescribed <strong>for</strong>m and <strong>for</strong> requisite<br />

value and validity.<br />

Bidder shall ensure that Bid Security of Section-A is Rs. 1,10,000.00<br />

(Rupees One Lacs Ten Thousand only) and FOR Section-B is<br />

Rs. 80,000.00 if vendor quoted <strong>for</strong> the both section<br />

cumulative EMD is Rs. 1,90,000.00 having a validity of two months<br />

beyond the offer validity i.e. validity of 6 months from the bid due date, must<br />

accompany the offer in the <strong>for</strong>mat made available in the Bid Document. Offer if<br />

unaccompanied with Bid Security will be rejected.<br />

This shall be in the <strong>for</strong>m of Crossed Demand Draft/Banker’s Cheque or Bank<br />

Guarantee in favour of <strong>GAIL</strong> (India) Limited, New Delhi. Bank Guarantee shall be from<br />

any Indian scheduled bank or a branch of an International bank situated in India and<br />

registered with Reserve Bank of India as scheduled <strong>for</strong>eign bank in case of Indian<br />

bidder and from any reputed International bank or Indian scheduled bank in case of<br />

<strong>for</strong>eign bidder. However , other than the Nationalised Indian Bank, the bank whose BG<br />

are furnished, must be commercial banks having net worth in excess of Rs.100 crores<br />

and a declaration to this effect should be made by such commercial bank either in the<br />

bank guarantee itself or separately on a letter head, as per pro<strong>for</strong>ma enclosed in the<br />

Tender Document.<br />

Bids complete in all respects should reach on or be<strong>for</strong>e the BID DUE DATE AND<br />

TIME. Fax/Telex/Telegraphic/ E-Mail bids shall be rejected.<br />

CONTRACT PERIOD:<br />

The contract shall be valid <strong>for</strong> a period of Two (02) years from the issue of<br />

LOA/LOI to the contractor whichever is earlier.<br />

Bidders are advised to quote strictly as per terms and conditions of the tender<br />

documents and not to stipulate any deviations/exceptions. Once quoted, the bidder shall<br />

not make any subsequent price change whether resulting or arising out of any<br />

technical/commercial clarifications sought regarding the bid, even if any deviation or<br />

exception may be specifically stated in the bid. Such price changes shall render the offer<br />

liable <strong>for</strong> rejection.<br />

Tender/Bid Document No: <strong>GAIL</strong>/<strong>NCR</strong>/C&P/6114<br />

ARC <strong>for</strong> O&M <strong>Services</strong><br />

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