1 Multi Commodity Exchange of India Ltd. - MCX

9. Training: The rates quoted should be inclusive of training. The training will have tobe imparted to users at the site.10. The tenderer should have annual turn over of 2-3 times of the cost of the order tobe placed (ie.300 price ticker Boards)11. Please note that late tenders/delayed tenders or postal delayed tenders will not beconsidered at all.12. The Inner and Outer envelopes of the tender should be addressed as below andNOT to any individual by name:-TENDER FOR SUPPLY, INSTALLATION, COMMISSIONING ANDMAINTENANCE OF LED DISPLAY BOARD(Last date and time of receiving the tender: 28 th October 2011 at 3.00 pm)The Company SecretaryMulti Commodity Exchange of India Ltd.Exchange Square, Suren Road,Andheri (East), Mumbai – 400093,India.Phone No.: +91-22-6731 888813. SECURITY DEPOSIT: Successful tenderers shall be required to submit SecurityDeposit equivalent to 20 per cent of the value of the Purchase Order either in theform of Demand Draft or Bank Guarantee from a scheduled commercial bank (validfor atleast 18 months).14. CANCELLATION: MCX reserves the right to cancel in full or part of the orderedquantity during the currency of the contract without assigning any reasons. If theperformance of the LED Price Display Boards is also not as per tender terms, MCXshall have the right to forfeit the security deposit and cancel the contract.15. VALIDITY: The offers submitted by the tenderers must be valid for acceptance for90 days from the date of opening of Techno-Financial/Commercial Bids.16. EARNEST MONEY DEPOSIT (EMD): The offer should be accompanied with anamount of Rs. 50,000/- (Rupees fifty thousand only) towards Earnest MoneyDeposit in the form of Bank Draft/Pay Order in favour of „Multi CommodityExchange of India Ltd.‟ payable at Mumbai. The amount deposited by way of EMDshall not bear any interest. Offers without EMD will be rejected outright. Similarly,EMD in any other form will not be accepted.12