EAST CENTRAL RAILWAY - Indian Railways
EAST CENTRAL RAILWAY - Indian Railways
EAST CENTRAL RAILWAY - Indian Railways
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(i) Rs. __________20,000/-_______________________________ as security deposit for the<br />
due performance of the stipulation to keep the offer open for the period specified below. The<br />
tenderers shall hold the offer open for a period of 120 days from the date fixed for opening the<br />
same, it being understood that the tender documents have been sold/issued to the tenderer and<br />
the tenderer is permitted to tender in consideration submitting his tender he shall not resile<br />
from his offer or modify the terms and conditions thereof in a manner not acceptable to the<br />
Chief Engineer/Chief Bridge Engineer/Dy. Chief Engineer/Divisional Railway Manager/Sr.<br />
Divisional Engineer of E.C.Railway, should the tenderer fail to observe or comply with the<br />
foregoing stipulations the aforesaid full amount shall be liable to be forfeited to the Railway.<br />
9. The requisite earnest money and security deposit receipts as per clause 8 of Instructions to<br />
Tenderers and conditions of tenderer shall be submitted along with the Tender documents without<br />
which no tender shall be considered.<br />
10. No cheque shall be accepted from a tenderer towards earnest money even if it is guaranteed, by<br />
the Bank, if any tenderer submits cheque towards the earnest money, his tender shall be treated as<br />
without earnest money.<br />
11. The tenderers, who have got standing deposit of earnest money of Rs._20000/-_ or above with the<br />
Administration need not deposit any fresh earnest money, while submitting the tender & in case<br />
their tender is accepted they shall have to deposit the full amount of earnest money as stipulated in<br />
clause 8 mentioned above towards initial security within 07 days of acceptance of their tender<br />
failing which the amount shall be debited to the standing earnest money.<br />
The earnest money including the amount taken as security deposit for the due performance of the<br />
stipulation to keep the offer open till the date specified in the tender shall be refunded to the<br />
unsuccessful tenderers within a reasonable time. The earnest money deposited by the successful<br />
tenderer/tenderers will be retained towards the security deposit for the due and faithful fulfillment<br />
of the contract but shall be forfeited if the contractor fails/contractors fail to execute the<br />
Agreement within 07 days of notification from the office asking him to do so, or commence the<br />
work within 10 days after receipt of order to these effect.<br />
12. The acceptance of the tender shall rest with the General Manager/Chief Engineer/Chief Bridge<br />
Engineer/Dy. Chief Engineer, East Central Railway, Hajipur, Divisional Railway Manager/Sr.<br />
Divnl. Engineer/Danapur who reserves the right to award whole or part of the work as per this<br />
tender and also to reject the tender without assigning any reason and does not bind himself to<br />
accept this tender, it shall not be obligatory on the said authority to accept the tender and no<br />
tenderer shall demand any explanation for the cause of rejection of his/their tender. Accepting<br />
authority does not bind himself to accept the lowest or any other tender nor does he undertakes to<br />
asking reasons for declining to consider any particular tender/tenders.<br />
13. Copies of drawings for the works as available may be inspected in the office of the Chief<br />
Engineer, E.C. Railway, Hajipur or Sr. Divisional Engineer/E.C. Rly./Danapur on any working<br />
day during office hours.<br />
14. The tenderer/tenderers shall submit credentials, Bank certificate, in support of his/their financial<br />
soundness, list of works executed during last 3 years and list of works under execution by<br />
him/them at present along with the tender/tenderers failing which his/their tender/tenders is/are<br />
liable to be rejected.<br />
15. The tenderers are required to submit along with the tender, the list of machinery specially those<br />
required for above mentioned work, tools and plants that they processes and propose to utilize at<br />
site for execution of the work. These Plant, Machinery and tools have to be brought to the site<br />
immediately with starting of work and put into full use.