UDYOG BANDHU

4. AMENDMENT OF BID DOCUMENTAt any time before the deadline for submission of bids, UDYOG BANDHU may, for anyreason, at its own initiative, modify the Bid Document by amending, modifying and orsupplementing the same, and or extending the deadline for the submission of the bids.All changes shall be posted on website www.udyogbandhu.com and prospective Biddersare required to go through the same before submission of bid. All such amendmentsshall be binding on them without any further act or deed on UDYOG BANDHU’s part.5. EARNEST MONEY DEPOSIT (EMD)iiiAn earnest money of Rs. 50,000/- in the form of bank draft in favour of UDYOGBANDHU, payable at Lucknow shall be enclosed with the Technical Bid.Applications without demand draft shall not be entertained. The EMD shall benon-interest bearing.Earnest Money of successful bidder shall remain with UDYOG BANDHU till thesuccessful completion of the contract and the same shall be refunded thereafter.iii Earnest money of the unsuccessful bidders will be refunded after the completionof bidding process, except for 2 nd and 3 rd ranked shortlisted bidders. EMD of 2 ndand 3 rd ranked shortlisted bidders shall be released after signing of agreementwith the successful bidder.iv The earnest money shall be forfeited in case of non-performance and withdrawalof bid after its finalization.6. OTHER POINTSi In the event of any additional information required by UDYOG BANDHU otherthan that specified in the Bid Document, the Bidder shall duly submit suchinformation in the prescribed time to UDYOG BANDHU.ii Modification or withdrawal of offers is not permissible after its submission.iii To assist in the scrutiny, evaluation and comparison of offers, UDYOG BANDHUmay, at its discretion, ask some or all Bidders for clarification of their offer.iv The Bidder shall abide by the terms and conditions specified in the Biddocument.29th May, 2013 Page 7