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details - Chennai Telephones - BSNL

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Name of Work:- Comprehensive annual maintenance of 2Nos 8 Passenger lifts in CGM Building<br />

<strong>Chennai</strong> (2013-15)<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 from shall not<br />

vitiate the Contract or release the contractor from the execution of the whole or any part of the works<br />

comprised therein according to drawings and specifications or from any of his obligations under the contract.<br />

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

awarded to the lowest tenderer, if the firm has quoted as per terms and conditions of the NIT.<br />

Signing of Contract<br />

9.The successful tenderer/contractor, on acceptance of his tender by the Accepting Authority, shall, within 15<br />

days from the stipulated date of start of the work, sign the contract consisting of the notice inviting tender, all<br />

the documents including drawings, if any, forming the tender as issued at the time of invitation of tender and<br />

acceptance thereof together with any correspondence leading thereto.<br />

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

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

CLAUSES OF CONTRACT<br />

CLAUSE – 1. Performance Guarantee<br />

1.1 i) The contractor is required to furnish performance guarantee for an amount equal to 5% of the<br />

contract value in the form of bank guaranty/ CDR/FDR/DD (of a nationalized / Scheduled Bank in a<br />

standard form within two weeks from the date of -------------------<br />

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

framing the agreement.<br />

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

Page 31 of 40

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