JHARKHAND STATE ELECTRICITY BOARD

The tender in such cases should be accompanied with certified/ attested copy of
the valid registration certificate failing which tender shall be rejected.
NB: Aforementioned certificate must accompany with documentary evidence for its validity
on the due date of the tender failing which tenders will be rejected. As the documents
mentioned herein above must be valid during the period of supply/ delivery also. Copy of
the same shall be produced at the time of submission of bill for payment.
8. Security Deposit and Contract Agreement:
The successful tenderers shall have to deposit security money @ 2% of the ordered value at the
time of executing the contract agreement. However, the SSI units of Jharkhand having permanent
valid registration with Department of Industries, Govt. of Jharkhand for the manufacture of the
item will be required to deposit security money @ 1% (one percent) of the ordered value. In no
case exemption from security money will be granted. Security money to be deposited may be
adjusted from the earnest money deposited, if any.
The amount of security money shall be deposited with DDA (HQ) JSEB, Ranchi in cash
or in shape of Bank Draft/ Bank Guarantee (of any Nationalised Bank) will be treated as a
performance guarantee. The security money thus deposited will be released after completion of
satisfactory supply of approximately full ordered quantity of materials and expiry of guarantee
period. Payment will be made only after depositing the security money and execution of contract
agreement.
9. Annual turnover:
Annual turnover of the firm for preceding three financial years must be at least Rs. 70/-lacs
(seventy lacs) Certified / Attested copy of annual A/C (Balance sheet, profit & loss A/c etc)
from practicing chartered Accountant or both for financial year 2007-08, 2008-09 & 2009-10
must be submitted along with the offer to establish financial credibility of the bidders. In absence
of the above credentials, offer may be rejected. However, SSI units of Jharkhand are exempted
from annual turnover clause.
10. Delivery:
The materials are to be delivered within specified month as mentioned in the delivery period
annexure separately. Early delivery may be preferred. The proforma of schedule of delivery is
enclosed with the tender. Tenderers shall fill up the proforma giving a clear schedule of monthwise
delivery. Commencement of delivery period shall be reckoned from the date of issue of LOI
itself.
11. Penalty / Liquidated damage:
The delivery of goods will be guaranteed under liquidated damage clause. Our usual terms of LDclause
is ¼% (quarter percent) of the value of the materials delayed per week or part thereof
subject to maximum 5% (Five percent).
Type-tested Metering Cubicle having PT ratio 11 kV/110V and CT ratio-/5A
will be deemed to have been delivered only when all its component parts are also delivered in
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