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

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

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

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<strong>RFP</strong> <strong>for</strong> Selection <strong>of</strong> <strong>SDA</strong> <strong>for</strong> Horticulture Departmente) The issuer <strong>of</strong> the <strong>bid</strong> security and the confirmer, if any, <strong>of</strong> the <strong>bid</strong> security, as well as the <strong>for</strong>mand terms <strong>of</strong> the <strong>bid</strong> security, must be acceptable to the procuring entity.f) Prior to <strong>pre</strong>senting a submission, a <strong>bid</strong>der may request the procuring entity to confirm theacceptability <strong>of</strong> proposed issuer <strong>of</strong> a <strong>bid</strong> security or <strong>of</strong> a proposed confirmer, if required. Theprocuring entity shall respond promptly to such a request.g) The bank guarantee <strong>pre</strong>sented as <strong>bid</strong> security shall be got confirmed from the concernedissuing bank. However, the confirmation <strong>of</strong> the acceptability <strong>of</strong> a proposed issuer or <strong>of</strong> anyproposed confirmer does not <strong>pre</strong>clude the procuring entity from rejecting the <strong>bid</strong> security onthe ground that the issuer or the confirmer, as the case may be, has become insolvent or hasotherwise ceased to be creditworthy.h) The <strong>bid</strong> security <strong>of</strong> unsuccessful <strong>bid</strong>ders shall be refunded soon <strong>after</strong> final acceptance <strong>of</strong>successful <strong>bid</strong> and signing <strong>of</strong> Agreement and submitting per<strong>for</strong>mance security.i) The Bid security taken from a <strong>bid</strong>der shall be <strong>for</strong>feited, including the interest, if any, in thefollowing cases, namely: -a. when the <strong>bid</strong>der withdraws or modifies its <strong>bid</strong> <strong>after</strong> opening <strong>of</strong> <strong>bid</strong>s;b. when the <strong>bid</strong>der does not execute the agreement, if any, <strong>after</strong> placement <strong>of</strong> supply/ workorder within the specified period;c. when the <strong>bid</strong>der fails to commence the supply <strong>of</strong> the goods or service or execute work asper supply/ work order within the time specified;d. when the <strong>bid</strong>der does not deposit the per<strong>for</strong>mance security within specified period <strong>after</strong>the supply/ work order is placed; ande. if the <strong>bid</strong>der breaches any provision <strong>of</strong> code <strong>of</strong> integrity, <strong>pre</strong>scribed <strong>for</strong> <strong>bid</strong>ders, specified inthe <strong>bid</strong>ding document.j) Notice will be given to the <strong>bid</strong>der with reasonable time be<strong>for</strong>e <strong>bid</strong> security deposited is<strong>for</strong>feited.k) No interest shall be payable on the <strong>bid</strong> security.l) In case <strong>of</strong> the successful <strong>bid</strong>der, the amount <strong>of</strong> <strong>bid</strong> security may be adjusted in arriving at theamount <strong>of</strong> the Per<strong>for</strong>mance Security, or refunded if the successful <strong>bid</strong>der furnishes the fullamount <strong>of</strong> per<strong>for</strong>mance security.m) The procuring entity shall promptly return the <strong>bid</strong> security <strong>after</strong> the earliest <strong>of</strong> the followingevents, namely:-a. the expiry <strong>of</strong> validity <strong>of</strong> <strong>bid</strong> security;b. the execution <strong>of</strong> agreement <strong>for</strong> procurement and per<strong>for</strong>mance security is furnished by thesuccessful <strong>bid</strong>der;40

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