Downloaded - Delhi Transco Limited

DELHI TRANSCO LIMITEDANNEXURE-‘B’1. DTL reserves the right to accept or reject any offer in whole or part without assigningany reason.2. The rates should be quoted on the basis on the units specified in words as well as infigures without any cutting, in case of differences of values/rates in figures and words orany confusion it will be constituted to take the rates which are lowest.3. The rates should be firm in all respects.4. The rates quoted should be valid for 120 days from the date of opening ofquotation/tenders. No bidders will have a right to change the rates after opening thequotation/tender except during negotiation, if required.5. Earnest Money equivalent to the specified amount, prescribed in the tender/quotationdocument shall be deposited along with tender/quotation in the form of Demand Draft/Pay Order, payable at Delhi and in favour of DTL. The same shall be refunded withoutinterest after decision of the case. Without earnest money offer will not be opened. In theevent of the offer is accepted, it can be adjusted towards the security deposit amount, ifdesired by the successful bidder.6. Security Deposit:- Apart from earnest money the successful party will have to depositsecurity through Draft/FDR at the rates specified under clause No.21 of Annexure-A fordue performance of contract within seven days recond from the date of communicationthe acceptance of the tender or before start of work whichever is earlier. Failure todeposit the security money on the part of the contractor within the said period shallamount to backing out of the offer and entitling the earnest money to be fore fitted outright. The security deposit will be retained till the work is completed satisfactorily andwould only be refunded as the satisfactory operation of the contract after a period of sixmonths. No interest will be payable on the above amount and on security deposit. Anydamage caused to the material/tools of the DTL will be recovered from the securitydeposit/earnest money or other running bills. Safety of DTL material and propertyhanded over to the contractor will be the responsibility of the contractor.7. In case of opening days is holiday/closed day, opening date may be treated as the nextworking day of can be postponed by the officer opening authority.8. Incomplete tender/quotation will be rejected summarily.9. Past experience:- Contractor should mention their past experience if any in doing thesimilar type of jobs by indicating work order No., amount, date.10. Successful contractor whose offer is accepted will be required to execute anagreement on a stamp paper of Rs.100/- within seven days of the issue of the writtenwork order. The agreement paper to be furnished by successful contractor and he will notbe paid for such paper.11.DTL reserves the right of dividing the work. Order can be split or more than oneparty.Signature of Contractor with date and sealMANAGER(T)220 kV O&M-VIII