RFP after pre bid meeting for selection of SDA - Directorate of ...

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RFP for Selection of SDA for Horticulture DepartmentBANK GUARANTEE FORMAT – PERFORMANCE SECURITY (PBG)(To be stamped in accordance with Stamp Act and on a Stamp Paper purchased from Rajasthan Stateonly and to be issued by a Nationalised/ Scheduled bank having its branch at Jaipur and payable at parat Jaipur, Rajasthan)To,The Commissioner,Department of Horticulture,Pant Krishi Bhavan, Bhagwan Das RoadJaipur-302005 (Raj).1. In consideration of the Department of Horticulture, Govt. of Rajasthan (hereinafter called "DoH")having agreed to exempt M/s ..........................(hereinafter called "the said Contractor(s)" from thedemand, under the terms and conditions of an Work Order No...................................dated.....................made between the DoH and .......................(Contractor) for the work ................. ofSecurity Deposit for the due fulfilment by the said Contractor (s) of the terms and conditionscontained in the said work order, on production of a Bank Guarantee for Rs...................(Rupees........................................only), we ...................(indicate the name of the Bank), (hereinafterreferred to as "the Bank") at the request of ..................Contractor(s) do hereby undertake to pay tothe DoH an amount not exceeding Rs...................(Rupees..................................only) on demand.2. We................. (Indicate the name of Bank), do hereby undertake to pay Rs....................(Rupees............................only), the amounts due and payable under this guarantee without anydemur or delay, merely on a demand from the DoH. Any such demand made on the bank by theDoH shall be conclusive as regards the amount due and payable by the Bank under this guarantee.The Bank Guarantee shall be completely at the disposal of the DoH and We....................... (Indicatethe name of Bank), bound ourselves with all directions given by DoH regarding this BankGuarantee. However, our liability under this guarantee shall be restricted to an amount notexceeding Rs...................... (Rupees....................only).3. We.......................(indicate the name of Bank), undertake to pay to the DoH any money sodemanded notwithstanding any dispute or disputes raised by the contractor(s) in any suit orproceeding pending before any Court or Tribunal or Arbitrator etc. relating thereto, our liabilityunder these presents being absolute, unequivocal and unconditional.4. We.....................(indicate the name of Bank) further agree that the performance guarantee hereincontained shall remain in full force and effective up to and that it shall continue to beenforceable for above specified period till all the dues of DoH under or by virtue of the saidAgreement have been fully paid and its claims satisfied or discharged or till the DoH certifies that101
RFP for Selection of SDA for Horticulture Departmentthe terms and conditions of the said Agreement have been fully and properly carried out by thesaid Contractor(s) and accordingly discharges this guarantee.5. We ...........................(indicate the name of Bank) further agree with the DoH that the DoH shallhave the fullest liberty without our consent and without affecting in any manner our obligationshereunder to vary any of the terms and conditions of the said work order or to extend time ofperformance by the said Contractor(s) from time to time or to postpone for any time or from timeto time any of the powers exercisable by the DoH against the said Contractor(s) and to forbear orenforce any of the terms and conditions relating to the said work order and we shall not berelieved from our liability by reason of any such variation, or extension being granted to the saidContractor(s) or for any forbearance, act or omission on the part of the DoH or any indulgence bythe DoH to the said Contractor(s) or by any such matter or thing whatsoever which would but forthis provision, have effect of so relieving us.6. The liability of............................. (indicate the name of Bank), under this guarantee will not bedischarged due to the change in the constitution of the Bank or the contractor(s).7. We .............................. (indicate the name of Bank), lastly undertake not to revoke this guaranteeexcept with the previous consent of the DoH in writing.8. This performance Guarantee shall remain valid and in full effect, until it is decided to be dischargedby the DoH. Notwithstanding anything mentioned above, our liability against this guarantee isrestricted to Rs........................... (Rupees..............................only).9. It shall not be necessary for the DoH to proceed against the contractor before proceeding againstthe Bank and the guarantee herein contained shall be enforceable against the Banknotwithstanding any security which the DoH may have obtained or obtain from the contractor.10. We .............................. (indicate the name of Bank) verify that we have a branch at Jaipur,Rajasthan. We undertake that this Bank Guarantee shall be payable at any of its branch at Jaipur,Rajasthan. If the last day of expiry of Bank Guarantee happens to be a holiday of the Bank, the BankGuarantee shall expire on the close of the next working day.11. We hereby confirm that we have the power(s) to issue this guarantee in your favour under thememorandum and articles of Association/ constitution of our bank and the undersigned is/ are therecipient of authority by express delegation of power(s) and has/have full power(s) to execute thisguarantee for the power of attorney issued by the bank.Dated..........................day of....................For and on behalf of the (indicate the Bank)Signature102
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Draft RFP - Implementation of SJMS
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RFP for Selection of SDA for Hortic
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RFP after pre bid meeting for selection of SDA - Directorate of ...

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