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Bharat Sanchar Nigam Limited - Chennai Telephones - BSNL

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Name of work: Replacement of Class B & B+ C Surge Protection Devices in First Floor at TE<br />

MM Nagar.<br />

intention of the document and his decision shall be final and binding on the contractor.<br />

B S N L EW - 8<br />

7.3 Any error in description, quantity or rate in Schedule of Quantities or any omission there<br />

from shall not vitiate the Contract or release the contractor from the execution of the whole or<br />

any part of the works comprised therein according to drawings and specifications or from any<br />

of his obligations under the contract.<br />

8.0 In case of NIT for individual work there will be no split up of work and the entire<br />

quantity will be awarded to the lowest tenderer, if the firm has quoted as per terms and<br />

conditions of the NIT.<br />

Signing of Contract<br />

9. The successful tenderer/contractor, on acceptance of his tender by the Accepting Authority,<br />

shall, within 15 days from the stipulated date of start of the work, sign the contract consisting<br />

of the notice inviting tender, all the documents including drawings, if any, forming the tender<br />

as issued at the time of invitation of tender and acceptance thereof together with any<br />

correspondence leading thereto.<br />

10. The agreement to be signed on non-judicial stamp paper and the cost to be decided as per<br />

the prevailing local bye-laws or zonal head of the circle.<br />

CLAUSE – 1. Performance Guarantee<br />

CLAUSES OF CONTRACT<br />

1.1 i) The contractor is required to furnish performance guarantee for an amount equal to<br />

5% of the contract value in the form of bank guaranty/ CDR/FDR/DD (of a<br />

nationalized / Scheduled Bank in a standard form within two weeks from the date of<br />

-------------------<br />

This will be followed by Standard EW 8 booklet (Printed form) Page no.16 onwards at<br />

the time of framing the agreement.<br />

Contractor Internet Downloaded copy Executive Engineer (E)<br />

Page 26 of 40

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