LOK SEVA KENDRA NAINPUR - Mandla

4.7.5. After selection, a Letter of Acceptance ("LOA") shall be issued by theSecretary to the Selected Bidder to sign the agreement within 7 (seven) daysof the receipt of the LOA On signing the agreement the bid security of Rs. 1.00(one) Lakh shall be refunded to the unsuccessful bidders.4.8. PERFORMANCE SECURITYThe amount of Rs. 1, 00,000/‐(Rs. One Lakh) only received with the technical bid ofthe Selected Bidder shall be converted into Performance Security.4.9. MISCELLANEOUSThe Bidding Process shall be governed by, and construed in accordance with, thelaws of India and the Courts at District level in Madhya Pradesh shall have exclusivejurisdiction over all the disputes arising under, pursuant to and/ or in connectionwith, the Bidding Process.The Secretary in its sole discretion and without incurring any obligation or liability,reserves the right, at any time, to;a. Award/or not to award the LokSeva Kendra to the bidder who is the lowestbidder;b. Retain any information and/ or evidence submitted to the secretary by, on behalfof, and/ or in relation to any bidder.It shall be deemed that by submitting the bid, the bidder agrees and releases theSociety, its employees and representatives irrevocably, unconditionally, fully andfinally from any and all liability for claims, losses, damages, costs, expenses orliabilities in any way related to or arising from the exercise of any rights and/ orperformance of any obligations hereunder and the RFP document, pursuant hereto,and/ or in connection with the Bidding Process, to the fullest extent permitted byapplicable law, and waives any and all rights and/ or claims it may have in thisrespect, whether actual or contingent, whether present or in future.Model RFP Document for the use of District e‐Gov Society Prepared by DPSM GOMP15