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APPENDIX 2.10-A Format of Tender Notice for ... - Cg.nic.in

APPENDIX 2.10-A Format of Tender Notice for ... - Cg.nic.in

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Chap. II ]186[ Appendix <strong>2.10</strong> AGUARANTEE BOND(to be used by un –approved schedule blank)1. In consideration <strong>of</strong> the Government <strong>of</strong> Chhattisgarh hav<strong>in</strong>g at our request agreed toaccept this ............................... Bank Ltd. ..............................guarantee <strong>in</strong> lieu <strong>of</strong> cashdeposit required from Messrs.............................. <strong>for</strong> the due fulfillment by them <strong>of</strong> theterms and conditions <strong>of</strong> the agreement dated ..........................made between....................<strong>for</strong> ........................................(here<strong>in</strong>after called ''the said Agreement'')...................................dur<strong>in</strong>g the period commenc<strong>in</strong>g from ...............................andend<strong>in</strong>g on .............................. or the extended period if any we ..................................Bank Ltd., do here by undertake to pay the Governor <strong>of</strong> Chhattisgarh (here<strong>in</strong>after called''the Government'') an amount not exceed<strong>in</strong>g...........................Rupees................................... only aga<strong>in</strong>st and loss or damage causedto or suffered <strong>of</strong> would be caused to or suffered by the Government by reason <strong>of</strong> anywrench by the said ........................ <strong>of</strong> any terms or conditions <strong>of</strong> agreement.2. We ............................................. Bank Ltd., do hereby undertake to pay the amounts dueand payable under this guarantee without any demor on a demand <strong>for</strong>m the Governmentstat<strong>in</strong>g that the amount claimed is due by way or loss or damage caused to or sufferedwould be caused to or suffered by the Government by reason <strong>of</strong> any breach by the said........................ <strong>of</strong> any <strong>of</strong> the terms and conditions conta<strong>in</strong>ed <strong>in</strong> the said agreement or byreason <strong>of</strong> the said ..................... failure to per<strong>for</strong>m the said Agreement any such demandmade on the bank shall be conclusive as regards the amounts due and payable by underthe guarantee . However our liability under this guarantee shall be restricted to anamount not exceed<strong>in</strong>g Rs.................................(Rupees .............................) we........................... Bank Ltd., authorised the Government to recover the same directlyfrom the reserve Bank <strong>of</strong> India from our deposits <strong>of</strong> each and/on securities with the saidBank . The said Reserve Bank <strong>of</strong> India have at the request <strong>of</strong> the.................................................... Bank Ltd., agree to pay to the Government or demandand from out <strong>of</strong> the said deposits any sum which may become payable to Governmentunder this guarantee <strong>for</strong> payment.3. We .......................................................... Bank Ltd., further agree that the guaranteehere<strong>in</strong> conta<strong>in</strong>ed rema<strong>in</strong> <strong>in</strong> full <strong>for</strong>ce and effect up to and <strong>in</strong>clusive <strong>of</strong> the........................................ date referred to above, or the expiry <strong>of</strong> the extended period ifany that it shall cont<strong>in</strong>ue to be en<strong>for</strong>ceable till all the case <strong>of</strong> Government under or byvirtue <strong>of</strong> the said agreement have been full and properly carried out by the said...................................................... and accord<strong>in</strong>gly discharges the guarantee, unless ademand or claim under this guarantee is made on us <strong>in</strong> writ<strong>in</strong>g or on be<strong>for</strong>e the........................................... we shall be discharged from all liability under this guaranteethereafter .

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