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Page 01 of 13 - Indian Railways

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<strong>Page</strong> 06 <strong>of</strong> <strong>13</strong><br />

(d) The Earnest Money <strong>of</strong> the unsuccessful tenderer(s) will, save as here-in-before provided, be<br />

returned to the unsuccessful tenderer(s) within a reasonable time but the Railway shall not be<br />

responsible to any loss or depreciation that may happen to the Security for the due performance <strong>of</strong><br />

the stipulation to keep the <strong>of</strong>fer open for the period specified in the tender documents or to the<br />

Earnest Money while in their possession nor be liable to pay interest thereon.<br />

(e) The successful tenderer <strong>of</strong> the Zonal contract must deposit balance amount <strong>of</strong> security<br />

deposit such as to make 5% <strong>of</strong> the value <strong>of</strong> contract within 10 days <strong>of</strong> receipt <strong>of</strong> the letter<br />

<strong>of</strong> acceptance. Otherwise the contract may be terminated and full value <strong>of</strong> earnest<br />

money will be forfeited . Balance amount <strong>of</strong> security deposit shall be recovered by making<br />

deduction @ 10 % ( Ten percent ) from the running on account bills <strong>of</strong> contract.<br />

7. Rights <strong>of</strong> the Railway to deal with tender - The authority for the acceptance <strong>of</strong> the tender will rest with<br />

the Railway. It shall not be obligatory on the said authority to accept the lowest tender or any other<br />

tender and no tenderer(s) shall demand any explanation for the cause <strong>of</strong> rejection <strong>of</strong> his/their tender nor<br />

the Railway undertake to assign reasons for declining to consider or reject any particular tender or<br />

tenders.<br />

8. If the tender(s) deliberately gives/give wrong information in his/their tender or creates/create<br />

circumstances for the acceptance <strong>of</strong> his/their tender, the Railway reserves the right to reject such<br />

tender at any stage.<br />

9. If the tenderer(s) expires after the submission <strong>of</strong> his/their tender or after the acceptance <strong>of</strong> his/their<br />

tender, the railway shall deem such tender cancelled. If a partner <strong>of</strong> a firm expires after the submission <strong>of</strong><br />

the tender or after the acceptance <strong>of</strong> their tender, the Railway shall deem such tender as cancelled unless<br />

firm retains its character.<br />

10. Tenderer`s Credentials - Documents testifying tenderer`s previous experience and financial status should<br />

be produced along with the tender or when desired by competent authority <strong>of</strong> the East Central Railway.<br />

Tenderer(s) who has/have not carried out any work so far on this Railway and who is/are not borne on<br />

the approved list <strong>of</strong> the Contractors <strong>of</strong> East Central Railway should submit along with his/their tender<br />

credentials to establish.<br />

(i) His capacity to carry out the works satisfactorily<br />

(ii) His financial status supported by Bank reference and other documents.<br />

(iii) Certificates duly attested and testimonials regarding contracting experience for the type <strong>of</strong> job<br />

for which tender is invited with list <strong>of</strong> works carried out in the past.<br />

11. Tender must be enclosed in a sealed cover, supercribed “Tender No. 17/07 <strong>of</strong> 2005 - 2006 and must<br />

be sent by registered post to the address <strong>of</strong> East Central Railway so as reach his <strong>of</strong>fice non later than<br />

15-00 hours on the 29-11-2005 or deposited in a box allotted for the purpose in the <strong>of</strong>fice <strong>of</strong><br />

DRM/E.C.Rly., Dhanbad , AEN/ Gujhandi and ADRM/ Barkakana <strong>of</strong> E.C Railway . This special box<br />

will be sealed at 15-00 hours on the same day. The tender papers will not be sold after 16-00 hour<br />

on 28-11-2005.<br />

12. Non-compliance with any <strong>of</strong> the conditions setforth there in above is liable to result in the tender<br />

being rejected.

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