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Tender Notice for Shops. - Bhagat Phool Singh Mahila ...

Tender Notice for Shops. - Bhagat Phool Singh Mahila ...

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10. The licensee cannot make any adjustment against the Security Deposit. The<br />

Security Deposits will be returned to the licensee without any interest after<br />

handing over the possession of the Shop/ V.Mch. or Counter peacefully and<br />

settlement of all the dues.<br />

11. The Electricity, water, Sanitation and other charges will be paid by the licensee<br />

separately as applicable.<br />

12. In the event of license fee being not paid by the due date along with electricity<br />

and water charges, the licensee shall be liable to pay interest @ 18% per annum<br />

on the amount remaining unpaid.<br />

13. The <strong>for</strong>feiture of security money under any of the circumstances as stared in<br />

paragraph 5 shall be without prejudice to any other remedies available in respect<br />

of ant loss or damages which may be caused to BPSMV by the licensee.<br />

14. The tenderer shall execute the agreement (License Deed) at his own cost <strong>for</strong> grant<br />

of license in the prescribed <strong>for</strong>m on a stamp paper if requisite value. It should be<br />

clearly understood that no right would be conferred on the licensee unless he duly<br />

executes the agreement <strong>for</strong> grant of all license, as mentioned above.<br />

15. The BPSMV Khanpur Kalan does not bind itself to accept the highest or any other<br />

tender and reserve the right to reject any or all tenders without assigning any<br />

reason there<strong>for</strong>e and without being answerable to the tenderers in any manner<br />

whatsoever. BPSMV also reserves the right to re-notify or withdraw from the<br />

tender any of the shop. The license granted can be revoked in public interest and<br />

the licensee can be asked to vacate the site on one month notice <strong>for</strong> which no<br />

damage shall be liable to be paid by the BPSMV.<br />

16. The licensee shall have to obtain requisite permission/ license/ registration, if<br />

required, from the Municipal or other authorities concerned be<strong>for</strong>e commencing<br />

his business.<br />

17. That the licensor shall have the right to revoke the license in the event of breach<br />

of any of the terms and conditions of this license or any instruction issued there<br />

under any the licensor shall <strong>for</strong>feit the security deposit in part or in full in its sole<br />

discretion.<br />

18. That the licensor shall have the right to terminate the license after giving one<br />

month notice without assigning any reason thereof.<br />

19. In addition to these terms and conditions, the licensee shall abide by all the terms<br />

and conditions which will be specified in the attached agreement (License Deed)<br />

<strong>for</strong>m.

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