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INVITATION TO TENDER GOVERNMENT OF ... - Indian Railway

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-8-<br />

13.9 The offers should remain open for a period of 150 days (incl. the date of opening of tenders).<br />

In absence of any mention to the contrary, the offers will be presumed to be valid for the above<br />

period. It may be noted that offers will lesser validity may get disqualified.<br />

13.10 In case the day of opening of tender is declared as a Gazetted Holiday, the tenders will be<br />

opened on the first working day after the scheduled day of opening of tenders.<br />

13.11 Printed terms and conditions of the tendering firms not appearing in the body of tender shall<br />

not be considered as forming part of the tender, unless specifically stated so in the body of the<br />

tender. It may clearly be understood that deviations from IRS conditions of contract are neither<br />

appreciated nor generally accepted and offers with deviations are liable to be ignored.<br />

14. Earnest Money<br />

14.1 The earnest money deposit (EMD) shall be taken from all Tenderers against advertised tenders<br />

subject following exemptions<br />

a) Vendors registered with NSIC upto monetary limits of their registration for the items<br />

tendered.<br />

b) Vendors registered with <strong>Railway</strong>s upto the monetary limits of their registration for the items<br />

tendered/trade groups of the items tendered.<br />

c) Vendors on approved list of RDSO/PUs/CORE/<strong>Railway</strong>s etc for those specific items for<br />

which they are on approved lists.<br />

d) Manufacturers and their accredited agents.<br />

e) Other <strong>Railway</strong>s, Government Departments.<br />

14.2 The amount of EMD to be taken in advertised tenders, wherever applicable will be 2% of<br />

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

` 5 lakhs for tenders valuing upto ` 10 crores; and<br />

` 10 lakhs for tenders valuing above ` 10 crores.<br />

14.3 The relaxation for deposit of earnest money will also be applicable to Govt. Deptt. For Public<br />

Sector Undertakings, the relaxation is as under:<br />

Earnest Money is not required to be deposited by PSUs for the group of items that are<br />

manufactured by them, also for PSUs owned by Ministry of <strong>Railway</strong>s & PSUs that are registered<br />

with Production Units of <strong>Railway</strong>s, Zonal <strong>Railway</strong>s, CORE/ALD, RDSO or with NSIC. For other<br />

PSUs waiver of Earnest Money can be considered in deserving cases.<br />

…..9/-

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