Administration Manual - B.E.S.T. Undertaking.

‘B’
(Rs.10,000/-)
1522
No EMD upto
Rs.20 lacs
for every tender having
contractual value above
Rs.50 lacs.
Above Rs.20 lacs, EMD
of Rs.50,000/- payable
for every tender having
contractual value above
Rs.20 lacs.
14.2 The Registered suppliers get following benefits for
making payments towards Security Deposit (SD).
Category of
Registration
(Permanent
Deposit amount)
‘A’ – Special
(Rs.50,000/-)
‘A’
(Rs.25,000/-)
‘B’
(Rs.10,000/-)
Exemption
upto order
value (Rs.)
Order value
upto Rs.7.5
lacs
Order value
upto Rs.2.5
lacs
Order value
upto Rs.1
lac
Additional S.D.
payable
5% on amount exceeding
Rs.7.5 lacs
5% on amount exceeding
Rs.2.5 lacs
10% on amount
exceeding Rs.1 lac to
Rs.2.5 lacs and 5% on
amount exceeding Rs.2.5
lacs.
14.3 Security Deposit for Non-registered suppliers: 10% of
the order value upto Rs.2.5 lacs and 5% on amount
exceeding Rs.2.5 lacs.
15. EMERGENCY PURCHASES
This arrangement is required in case of failure of the
procurement of the system. Following are common reasons for
the same.