TENDER NOTICE NO. NESCO/ CAPEX/SUPPLY & INSTALLATION ...

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ANNEXURE – III PROFORMA FOR CONTRACT PERFORMANCE BANK GUARANTEE (To be executed on Rs. 100/- Non-judicial Stamp Paper purchased in the name of the BG Issuing Bank) This Guarantee Bond is executed this day of by us, Bank at P.O. P.S. Dist State Whereas North Eastern Electricity Supply Company of Odisha Ltd.(<strong>NESCO</strong>) ,Corporate Office, Januganj, Balasore – 756019, Odisha registered under the Company Act 1956 (here in after called “Owner”) has placed Work Order No. Dt. (hereinafter called “Agreement”) with M/s (hereinafter called “the Contractor”) for supply and installation of (description of the works) and whereas Owner has agreed (1) to exempt the Contractor from making payment of security deposit, (2) to release 100% payment of the cost of materials as per the said agreement and (3) to exempt from performance guarantee on furnishing by the Contractor to Owner a composite Bank Guarantee of the value of 10% (ten percent) of the Contract price of the said Agreement. 1. Now, therefore, in consideration of Owner having agreed (1) to exempt the Contractor for making payment of security deposit, (2) to release 100% payment to the Contractor and (3) to exempt from furnishing performance guarantee in terms of the said Agreement as aforesaid, we the Bank, Address (code No. ) (hereinafter referred to as “the Bank”) do hereby undertake to pay to the Owner an amount not exceeding Rs. (Rupees ) only against any loss or damage caused to or suffered by the Owner by reason of any breach by the said Contractor(s) of any of the terms or conditions contained in the said Agreement. 2. We, the Bank do hereby undertake to pay the amounts due and payable under the guarantee without any demur, merely on a demand from Owner stating that the amount claimed is due by way of loss or damage caused to or suffered by Owner by reason of any breach by the said Contractor(s) of any of the terms or conditions contained in the said Agreement or by the reason of any breach by the said Contractor‟s failure to perform the said Agreement. Any such demand made on the Bank shall be conclusive as regards the T . N : N E S C O / C A P E X / S U P P L Y & I N S T A L L A T I O N / 1 5 , D T D . 21. 0 1 . 1 3 Page 60
amount due and payable by the Bank under this Guarantee. However, our liability under this guarantee shall be restricted to an amount not exceeding Rs. (Rupees ) only. 3. We, the Bank also undertake to pay to Owner any money so demanded not withstanding any dispute or dispute raised by the Contractor(s) in any suit or proceeding instituted/ pending before any court or Tribunal relating thereto our liability under this Agreement being absolute and irrevocable. The payment so made by us under this bond shall be valid discharge of our liability for payment there under and the Contractor(s) shall have no claim against us for making such payment. 4. We, the Bank further agree that the guarantee herein contain shall remain in full force and effect during the period that would be taken for the performance of the said Agreement and it shall continue to remain in force endorsable till all the dues of Owner under by virtue of the said Agreement have been fully paid and its claim satisfied or discharged or till Purchaser certifies that the terms and conditions of the said Agreement have been fully and properly carried out by the said Contractor(s) and accordingly discharge this guarantee and will not be revoked by us during the validity of the guarantee period. Unless a demand or claim under this guarantee is made on us or with our Bhubaneswar branch at (Name, address of the Bhubaneswar branch and code No.) in writing on or before (date) we shall be discharged from all liability under this guarantee thereafter. 5. We, the Bank further agree that Owner shall have the fullest liberty without our consent and without affecting in any manner our obligations hereunder to vary any of the terms and conditions of the said Agreement or to extend time of performance by the said Contractor(s) and we shall not be relieved from our liability by reason of any such variation or extension being granted to the said Contractor(s) or for any forbearance act or omission on part of Owner or any indulgence by Owner to the said Contractor(s) or by any such matter or thing whatsoever which under the law relating to sureties would but for this provisions have effect of so relieving us. T . N : N E S C O / C A P E X / S U P P L Y & I N S T A L L A T I O N / 1 5 , D T D . 21. 0 1 . 1 3 Page 61
Page 1 and 2:
North Eastern Electricity Supply Co
Page 3 and 4:
North Eastern Electricity Supply Co
Page 5 and 6:
SECTION - I INVITATION FOR BIDS (IF
Page 7 and 8:
Division TABLE - A PACKAGE WISE MIN
Page 9 and 10: mentioned as above as well as in th
Page 11 and 12: NB: Bidders offering multiple items
Page 13 and 14: SECTION - II INSTRUCTION TO BIDDERS
Page 15 and 16: documents or submission of a Bid no
Page 17 and 18: 10.0 BID PRICE: 10.1 Bidders have t
Page 19 and 20: 18. DEADLINE FOR SUBMISSION OF BIDS
Page 21 and 22: Bidder whose Bid has been determine
Page 23 and 24: SECTION - III GENERAL CONDITIONS OF
Page 25 and 26: v. Receipt, storage, preservation a
Page 27 and 28: a) „All equipment and materials
Page 29 and 30: corrected. If there is a discrepanc
Page 31 and 32: Inspection and or testing at least
Page 33 and 34: mentioned elsewhere in the Bid. How
Page 35 and 36: Contractor, the Contractor shall pa
Page 37 and 38: claim with the insurer as well as f
Page 39 and 40: materials unless follow with proper
Page 41 and 42: 37.0 SUBMITTALS REQUIRED AFTER AWAR
Page 43 and 44: SECTION - III GENERAL CONDITIONS OF
Page 45 and 46: 7.0 INSPECTION & TESTING: i) The Pu
Page 47 and 48: 13.01(a) (b) (c) Bidder shall quote
Page 49 and 50: 26.0 EVENTS OF DEFAULT: 26.1 Events
Page 51 and 52: S E C T I O N - I SECTION -IV TECHI
Page 53 and 54: BID PROPOSAL LETTER Electrical Inst
Page 55 and 56: 1.09 We understand that in the pric
Page 57 and 58: 10.0 GURANTEE DECLARATION We guaran
Page 59: ANNEXURE - II To, CAPEX CELL Corpor
Page 63 and 64: ANNEXURE - IV PROFORMA OF BANK GUAR
Page 65 and 66: Dated the day of Two thousand . Not
Page 67 and 68: It is expressly understood that thi
Page 69 and 70: Commissioning as per the scope of w
Page 71 and 72: each of the member is absolute and
Page 73 and 74: esolution dated representative) Nam
Page 75 and 76: Table - C: Access to Credit Facilit
Page 77 and 78: Table - B: Average Annual Turnover:
Page 79 and 80: Sl. No Name of Personnel Degree/ Di
Page 81 and 82: ANNEXURE - IX Bidder‟s Name & Add
Page 83 and 84: BOUGHT OUT & SUB CONTRACTED ITEMS A
Page 85 and 86: ANNEXURE - XIII CHECK LIST Bidder
Page 87 and 88: ANNEXURE - XIV Page 1 of 3 PROFORMA
Page 89 and 90: 6. NOW THE CONDITION of this Bond i
Page 91 and 92: ANNEXURE - XVI (A) PROFORMA FOR BAN
Page 93 and 94: ANNEXURE- XVI (B) FORM OF EXTENSION
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TENDER NOTICE NO. NESCO/ CAPEX/SUPPLY & INSTALLATION ...

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