Bharat Sanchar Nigam Limited - National Portal of India

v) In case of (v) above, the bidder will not be eligible to participate in the tender for
same work for one year from the date of acceptance of LOI. The bidder will not
approach the court against the decision of CGMT, J&K Circle in this regard.
vi) No interest shall be allowed on the EMD to the Bidder.
11.2 The bid security is required to protect the Tendering officer against the risk of
bidder’s conduct, which would warrant the security’s forfeiture pursuant to
clause 11.5.
11.3 Bid not secured in accordance with Para 11.1(i) shall be treated as nonresponsive
and shall be rejected by th tendering authority.
11.4 The successful bidder’s EMD will be discharged upon the bidder’s acceptance
of the LOI/ APO satisfactorily in accordance with clause 27 of this section and
furnishing the performance security.
11.5 The bid security may be forfeited:
(a) If bidder withdraws his bid during the period of bid validity specified by
the bidder on the Bid Form, OR
(b) In case of a successful bidder, if the bidder fails:
i. To sign the contract in accordance with clause 28 of this section or
ii. To furnish performance security in accordance with clause 28.2 of this
section.
(c) In both the above cases i.e. 11.5 (a) & (b), the bidder will not be eligible to
participate in the tender for same item for one year from the date of issue of
LOI. The bidder will not approach the court against the decision of BSNL in this
regard.
12. Period of validity of BIDs:
12.1 Bid shall remain valid for a period of 180 days from the date of bid opening. A
bid valid for a shorter period shall be rejected by the tendering officer as nonresponsive.
12.2 In exceptional circumstances, the Tendering officer may request the bidder’s
consent for an extension to the period of bid validity. The request and the
responses thereto shall be made in writing. The bid security provided under
Clause 11above shall also be suitably extended. The bidder may refuse the
request without forfeiting his bid security. In such case(s), his/her bid shall be
returned without forfeiting the bid security. A bidder accepting the request and
granting extension will not be permitted to modify his bid.
13. Power of Attorney:
i) a) The power of attorney should be submitted and executed on the non-judicial
stamp paper of appropriate value as prevailing in the respective states (s) and the
same be attested by a Notary Public or registered before Sub-Registrar of the sate(s)
concerned.
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