CI&C(II)MMKA/36/2013/23 - Invest in Assam

(b) No interest shall be paid on the Performance Security.(c)Performance Security shall be released after completion of Supply of Yarn tothe concerned GM, DI&CCs.(d) Failure of the successful bidder in depositing the Performance Security within(e)the stipulated time, shall constitute sufficient grounds for cancellation of theaward and forfeiture of the Bid Security.Commissioner of Industries & Commerce, Assam will be at liberty to deductappropriate amount from the Performance Security for the value of Yarnwhich is found to be inferior and sub standard.4. Submission of Bids :(a)Bids addressed to the Commissioner of Industries & Commerce, Assam,Udyog Bhawan, Bamunimaidam, Guwahati-21 can be submitted either inperson or through Registered Post/ Speed Post / Courier up to 1.00 PM on21.03.2013. The date and time of submission of bid shall be reckoned as dateand time of the receipt of offer at the office of the Commissioner of Industries& Commerce, Assam.(b) Commissioner of Industries & Commerce, Assam will not be responsible forany delay including postal delay in submitting sealed offer.(c) No offer shall be accepted after the due date and time.(d) Tender forms are non transferable.(e) Submission of offer shall be as per instructions given at Para 1.1 & Para 1.2.Submission of offer in variance to instructions given at Para 1.1 & Para 1.2shall result in outright rejection of the offer.5. Opening of Bids :(a) Bids shall be opened at 2.30 PM on 21.03.2013.(b) In case 21.03.2013 happens to be a Govt. holiday, the Bids will be opened at(c)2.30 PM on the next working day.The envelope marked Part-I consisting of Technical part of the offer shall beopened as per schedule given at Para 5(a) & 5(b) above, in presence of thePage | 6