(VERSION-IV) - DVC :: Consumer Login
(VERSION-IV) - DVC :: Consumer Login
(VERSION-IV) - DVC :: Consumer Login
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1. Upto Rs.100 lakhs Rs.1500/-<br />
2. Above Rs.100 lakhs upto Rs.700lakhs Rs.3500/-<br />
3. Above Rs.700 lakhs upto Rs.2000 lakhs Rs.6000/-<br />
4. Above Rs.2000 lakhs upto Rs.5000 lakhs Rs.15000/-<br />
5. Above Rs.5000 lakhs Rs.25000/-<br />
Small scale industries registered with NSIC shall be issued the Tender documents free of cost subject<br />
to production of the documentary evidence like valid Registration Certificate from appropriate Govt.<br />
authority giving details such as—Validity, Stores etc.<br />
18. EARNEST MONEY DEPOSIT FOR TENDERS:<br />
In all cases of open tendering, Earnest Money Deposit shall be applicable and regulated against<br />
individual tender as follows: -<br />
(i) For cases of estimated value up to Rs.5 crores :- 2% of the Estimated Value.<br />
(ii) For cases of estimated value above Rs.5 crores :- 1% subject to minimum of Rs.10 lacs. Earnest<br />
Money is not to be insisted in case of single tender enquiry of any value and limited<br />
tender enquiry for packages of estimated value upto Rs.15.00 lakhs. In case of limited tender<br />
enquiry for packages of estimated value above Rs.15.00 lakhs, Earnest Money may be imposed at<br />
above rate at the discretion of TIA.<br />
Small scale Industries registered with NSIC shall be exempted from payment of EMD. SSI Units<br />
seeking such exemption must enclose valid registration certificate from appropriate Govt.<br />
authority giving details such as validity, stores etc.<br />
The Earnest Money should be deposited along with the tender, if applicable, as per direction<br />
given in the NIT, and shall be furnished in any of the following forms:<br />
a) E-payment mode has been enabled. The bidders can pay the cost of bid document and the<br />
EMD through electronic mode i.e. credit card/ debit card/ net banking. Provision for NEFT/ RTGS<br />
has also been enable, moreover in case the bidder who do not have any credit card/ debit card<br />
or net banking facilities can use NEFT/ RTGS facilities for payment by downloading the<br />
challan from the web site and submit the same to nearest bank.<br />
b) Earnest Money can be submitted in the form of Bank Guarantee from an Indian Nationalized Bank<br />
/ Schedule Bank / Foreign Bank (in the scheduled list of Reserve Bank India), irrevocable<br />
and operative till the validity of the offer as per standard Proforma.<br />
Overseas bidder in case of participation is permitted to submit the Bank Guarantee from<br />
Foreign Bank which are included in the scheduled list of Reserve Bank India, copy of which is<br />
annexed in Annexure-F. However, any Foreign Bank not mentioned here but subsequently<br />
included in the scheduled list of RBI in the course of bidding shall be accepted. Such<br />
inclusion of Bank’s name is to be obtained from the website – www.rbi.org.in.<br />
The Bank Guarantee currency shall be same as currency of Price Bid. In case the bidder<br />
arranges to submit BG in INR from Nationalized or Schedule Bank through their trade<br />
relation and quote the bid in USD/EURO, the same shall be accepted.<br />
W& P Manual – 2012 Page 48