Download - Department of Land Resources

RFP for Resurvey project - ANAND & other SEVEN Districts of Gujarat State
nationalized bank acceptable to SC&DLR, in the format prescribed in Annexure V, payable on demand, for
the due performance and fulfillment of the agreement by the bidder. Amount of performance Guarantee
would be at the rate of 5% of the Estimated Contract value = ----sq km *--- Rate per sq. km.
b. The Performance Guarantee (PG) will be for an amount of 5% of the contract value, valid for the
entire term of agreement, which shall be submitted by Survey Agency upon signing the Agreement.
All incidental charges whatsoever such as premium, commission etc., with respect to the performance
guarantee shall be borne by the bidder. The performance guarantee shall be valid till acceptance of the
deliverables of the Project or 120 days after the expiry of the contract, whichever is earlier. The
performance guarantee may be discharged/ returned by SC&DLR upon being satisfied that there has been
due performance of the obligations of the bidder under the agreement. However, no interest shall be payable
on the performance guarantee.
c. In the event of the bidder being unable to service the agreement for reasons of poor quality of resources,
business loss or going out of business, regulatory restrictions, concerns of national security, or any other
reason which is not concerned with the terms of the contract, SC&DLR would invoke the Performance
Guarantee. Notwithstanding and without prejudice to any rights whatsoever of SC&DLR under the
agreement in the matter, the proceeds of the Performance Guarantee shall be payable to SC&DLR as
compensation for any loss resulting from the bidder’s failure to perform/ comply with its obligations under
the agreement. SC&DLR shall notify the bidder in writing of the exercise of its right to receive such
compensation indicating the obligation(s) for which the bidder is in default and the bidder will have to pay it
within 14 days of the notice date. SC&DLR’s decision in this respect will be final.
d. SC&DLR shall also be entitled to make recoveries from the bidder’s bills, performance guarantee, or
from any other amount due to him, an equivalent value of any payment made to him due to inadvertence,
error, collusion, misconstruction or misstatement.
e. In case the project is delayed beyond the project schedule as mentioned in this RFP, for reasons
attributable to Survey Agency, the performance guarantee shall be accordingly extended by the Survey
Agency for the duration equivalent to the delays caused in the project.
f. It is the responsibility of the bidder to keep alive the performance guarantee and extend it if necessary till
the completion of the agreement period.
FAILURE TO AGREE WITH THE TERMS & CONDITIONS OF THE RFP
Failure of the successful bidder to agree with the Terms & Conditions of the RFP shall constitute sufficient
grounds for the annulment of the award, in which event , SC&DLR may award the agreement to the next
best value bidder or call for new proposals.
2/22/2011
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