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Hereby, we undertake to pay up to but not exceeding _________ (say ____________ only) upon receipt by us of your first written demand accompanied by your declaration stating that the amount claimed is due by reason of the Supplier having failed to perform the Agreement and despite any contestation on the part of above named supplier. This Letter of Guarantee will expire on ________________ including 30 days of claim period and any claims made hereunder must be received by us on or before expiry date after which date this Letter of Guarantee will become of no effect whatsoever whether returned to us or not. ______________________ (Authorized Signature Chief Manager / Manager Seal of Bank Page 38 of 40
M/s Rural Electrification Corporation Ltd 2 nd floor, Palika Bhawan, R.K.Puram, New Delhi-110066 OUR LETTER OF GUARANTEE NO.: ______ ADVANCE BANK GUARANTEE (With due stamp duty if applicable) Page 39 of 40 ANNEXURE-F Advance Bank Guarantee In consideration of Rural Electrification Corporation Ltd., having its office at Core-4, Scope Complex, Lodhi Road, New Delhi 110003 (hereinafter referred to as “REC” which expression shall unless repugnant to the content or meaning thereof include all its successors, administrators and executors) and having entered into an agreement dated ________ / issued Purchase Order No. _________ dated ___________ with/on M/s ________________________ (hereinafter referred to as “The Supplier” which expression unless repugnant to the content or meaning thereof, shall include all the successors, administrators, and executors). WHEREAS the Supplier has unequivocally accepted to supply the materials as per terms and conditions given in the Agreement dated _______ /Purchase Order No._______ dated _________ and REC having agreed that the Supplier shall furnish to REC an Advance Bank Guarantee for the advance taken, to the extent of ____% (____ percent) of the value of the Purchase Order i.e. for _____________________________________. We, _____________________________ (“The Bank”) which shall include OUR successors, administrators and executors herewith establish an irrevocable Letter of Guarantee No. __________ in your favour for account of _______________________ (The Supplier) in cover of performance guarantee in accordance with the terms and conditions of the Agreement/Purchase Order. Hereby, we undertake to pay upto but not exceeding _________ (say ____________ only) upon receipt by us of your first written demand accompanied by your declaration stating that the amount claimed is
Page 1 and 2: RURAL ELECTRIFICATION CORPORATION L
Page 3 and 4: TABLE OF CONTENTS Sl. No. Chapters
Page 5 and 6: 1.4 Summary of work The developed s
Page 7 and 8: Note: Please enclose Certificate of
Page 9 and 10: Utilities Level i. Month wise progr
Page 11 and 12: The software should provide upload
Page 13 and 14: s) MIS Reports There are going to b
Page 15 and 16: iii. Creation/Updating of Training
Page 17 and 18: f) The outer envelope containing EM
Page 19 and 20: 3.9 Late and Delayed Bids Any bid r
Page 21 and 22: 3.15 Evaluation and Comparison of B
Page 23 and 24: c) The Performance Bank Guarantee m
Page 25 and 26: 4.4 Termination of Contract a) REC
Page 27 and 28: ) Validity of the Bid The bid quota
Page 29 and 30: Contract, as faithful advisors to R
Page 31 and 32: Or A company and the person signing
Page 33 and 34: The DGM (HR) Rural Electrification
Page 35 and 36: Sl. No. Price Schedule Table Descri
Page 37: M/s Rural Electrification Corporati

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