Security Services 2011.doc Page 1 of 21 SOFTWARE ... - Chennai

(i) The price of the items shall be quoted total price (inclusive of all taxes andlevies, transports, insurance etc) item wise.(ii) The bidder shall quote only one price for each item. The price indicated bythe bidder is firm and no modification in the price will be accepted.4. BID SECURITY:4.1 The bidders shall furnish, as part of his bid, a bid security for an amount ofRs.10,500/- (Rupees Ten Thousand Five Hundred Only) in the form ofDemand Draft/ Banker Cheque from any commercial Bank in favour of “SoftwareTechnology Parks of India” payable at Chennai. The EMD or Performancesecurity will bear no interest whatsoever. The EMD & Tender fee should beenclosed with the Technical bid of tender document.4.2 The bid security is required to protect the Purchaser against the risk of bidder'sconduct, which would warrant the bid security's forfeiture as per clause 4.54.3 A bid not secured in accordance with Para 4.1 shall be rejected by the purchaserbeing non-responsive at the bid opening stage and returned to the bidder.4.4 The bid security of the unsuccessful bidder will be discharged /returned to them atthe earliest / within 30 days after award of contract/order to the selected party.4.5 The bid security may be forfeited:(a) If a bidder withdraws his bid during the period of bid validity or makes(b)modifications to his tender which are not acceptable to STPI,In the case of a successful bidder, if the bidder fails to sign the contract andnot furnished the performance security,(c) Failure to fulfill the contractThe bidder will not be eligible to participate in the tender for same item for three year fromthe date of issue of Purchase Order / Work Order if EMD / Performance Guarantee isforfeited.5. PERIOD OF VALIDITY OF BIDS:5.1 Bid shall remain valid for 90 days after the date of bid opening prescribed bythe Purchaser.5.2 In exceptional circumstances, the Purchaser may request the bidder's consent foran extension to the period of bid validity. The request and the responses there to,shall be made in writing. The bid security provided under Clause 4 shall also besuitably extended. A bidder may refuse the request without forfeiting his bidsecurity. A bidder accepting the request and granting extension will not bepermitted to modify his bid.6. FORMATS AND SIGNING OF BID:6.1 All pages of the Technical bid and financial bid, except for un-amended printedliteratures, shall be signed by the person or persons signing the bid. The bidssubmitted shall be sealed properly.6.2 The bid shall contain no inserstions, erasures or overwriting except as necessary tocorrect errors made by the bidder in which case such corrections shall be signedby the person or persons signing the bid.7. SUBMISSION OF BIDS:7.1 SEALING AND MARKING OF BIDS: The bidder shall seal the bid using waxin separate envelopes and duly marking as “Tender No:STPIC/PUR/010/2011-12/___, date:_______ & Name of Tender ________”. Further, the sentence“NOT TO BE OPENED” before due date & time of tender opening. TheSecurity Services 2011.doc Page 5 of 21