ESTIMATED COST RS.31.50 LAKH (RUPEES THIRTY-ONE ... - IDCO

10
FORM OF BID/TENDER
[Note: the Appendix forms part of the Bid/Tender. Bidders/Tenderers are required to fill up
all the blank spaces in this Form of Bid/Tender and Appendix]
From:
[Name & address of the tenderer]
To
The General Manager (Civil)
IDCO, IDCO Tower,
Bhubaneswar-22
Sub: Design, Construction, Testing & Commissioning of 1.50 lakh ltrs. Capacity RCC over
head tank of 17 mtr. staging-1 no. for Development of Infrastructure and Apparel
Park at Kurkhi in Jatni Tahasil, Khurda. .
1. Having examined the Drawings, Conditions of Contract, Specification and Bill of
Quantities for the execution of the above named works, I/We, the undersigned, offer
to execute, complete and maintain the whole of the said works in conformity with the
approved Drawings, Condition of Contract, Specifications and Bill of Quantities for
the sum of (Rs................................................. ...................... ......................
.....................) or such other sum as may be ascertained in accordance with the said
Conditions.
2. I/We undertake, if my/our Bid is accepted, to commence the works as per stipulation
prescribed in the tender document and complete and deliver the whole of the works
comprised in the Contract within 9 (Nine) months from the date of issue of work
order.
3. If my/our Bid is accepted I/We will furnish a security in the form of Bank Guarantee
(approved form) to be jointly and severally bound with me/us in an amount of (Two)
percent of the above named sum in accordance with the Conditions of Contract or a
Demand Draft in an amount of (Two) percent of the above named sum in accordance
with the Conditions of Contract.
4. I/We agree to abide by this Bid for the period of 120 (One hundred twenty) days from
the date of Bid opening prescribed in the general rules and guide lines to contractors
and it shall remain binding upon us and may be accepted at any time before the
expiration of that period.
5. Unless and until an Agreement is prepared and executed, this Bid, together with
your written acceptance thereof, shall constitute a binding Contract between us.