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Download - Department of Land Resources

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RFP for Resurvey project - ANAND & other SEVEN Districts <strong>of</strong> Gujarat<br />

State<br />

i. Notwithstanding anything contained in this agreement, all the members <strong>of</strong> the<br />

Consortium <strong>of</strong> Companies, entrusted with the responsibilities <strong>of</strong> the Project, shall be<br />

jointly and severally responsible to SC&DLR in respect <strong>of</strong> meeting the financial<br />

liabilities <strong>of</strong> the Implementation Survey Agency arising out <strong>of</strong> the Project<br />

BID SECURITY<br />

a. The bidders shall submit, along with their Bids, a Bid Security <strong>of</strong> Rupees TEN Lakh<br />

only( Rs. 10,00,000/- ) for Anand District . for other seven districts see table***, in<br />

the form <strong>of</strong> a Demand Draft/ Bank Guarantee issued by a nationalized bank in favor <strong>of</strong><br />

“Settlement Commissioner and Director <strong>of</strong> <strong>Land</strong> Records” payable at Gandhinagar.<br />

Bid security in any other form will not be entertained. Validity period <strong>of</strong> the Bank<br />

Guarantee should be 6 months from the date <strong>of</strong> bid closing.<br />

b. The bid security <strong>of</strong> all unsuccessful bidders would be refunded by SC&DLR within 30<br />

days <strong>of</strong> the bidder being notified by SC&DLR as being unsuccessful. The bid security,<br />

for the amount mentioned above, <strong>of</strong> successful bidder would be returned upon<br />

submission <strong>of</strong> Performance Guarantee.<br />

c. The bid submitted without bid security, mentioned above, will be liable for rejection<br />

without providing any opportunity to the bidder concerned.<br />

***<br />

2/22/2011<br />

70

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