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Tender Document - irpmu.railnet.gov.in

Tender Document - irpmu.railnet.gov.in

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c) I/We realize from my/our offer or modify the terms and conditions thereof <strong>in</strong> a<br />

manner not acceptable to Railway dur<strong>in</strong>g a period of 90 days from date of the<br />

open<strong>in</strong>g of the tender.<br />

d) I/We do not submit a Performance Guarantee <strong>in</strong> the form of an irrevocable Bank<br />

Guarantee amount<strong>in</strong>g to 5% of Contract Value as per the Performa as<br />

prescribed by the Railways, before sign<strong>in</strong>g of agreement which should be<br />

normally about 30 days from issu<strong>in</strong>g of LOA.<br />

4. The amount of Earnest Money <strong>in</strong> the form of cash lodged with Chief Cashier,<br />

Northern Railway, New Delhi vide Cash Receipt No. _______________<br />

Dated ______________ or deposited <strong>in</strong> the form of Pay Order,<br />

Deposit Receipts, Demand Drafts is attached. I/We have clearly noted that the<br />

Earnest Money will be acceptable <strong>in</strong> the above forms only. I have noted that<br />

Earnest Money <strong>in</strong> the form of Bank Guarantee Bond is not acceptable.<br />

5. Until a formal agreement is prepared and executed, acceptance of this tender<br />

shall constitute a b<strong>in</strong>d<strong>in</strong>g contract between us subject to modification, as<br />

may be mutually agreed to between us and <strong>in</strong>dicated <strong>in</strong> the letter of<br />

acceptance of my/ our offer for this work.<br />

Dated:<br />

Signature of witnesses:<br />

1. __________________________<br />

2.<br />

__________________________<br />

Signatures of the <strong>Tender</strong>er/s<br />

Address of the <strong>Tender</strong>er/s<br />

_____________________<br />

_____________________<br />

____________________<br />

OS/Works 5

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