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REGIONAL OFFICE<br />

48- Neelam Bata Road, Faridabad<br />

Phone: 129 - 2426743, 2432021 Fax: 0129 - 2413658<br />

email: ha.8235farro@syndicatebank.co.in<br />

(Premises & Maintenance Cell)<br />

NOTICE INVITING BIDS/OFFERS FOR PURCHASE OF<br />

RESIDENTIAL FLATS IN FARIDABAD (HARYANA)<br />

<strong>Syndicate</strong> <strong>Bank</strong> intends to purchase about 20 residential flats (3BHK-5 & 2BHK-15 Flats) in<br />

Faridabad & Gurgaon from Developers/ Builders preferably in exclusive/independent blocks of<br />

flats, which are likely to be completed and made ready for occupation within 6-8 months of<br />

submission of the <strong>bid</strong>s. The requirements and other details are given in the Bid Document. Prospective<br />

developers/builders/vendors may download the document from the website www.<strong>Syndicate</strong>bank.in.<br />

The last date for submission of duly filled Bid Document is on 31.10.2012 before 03.00 pm<br />

Applicants are requested to refer the website for any modifications/ changes/ Corrigendum to this<br />

notice. No other advertisement will be released in the newspaper in this regard.<br />

<strong>Bank</strong> reserves the right to reject any or all the <strong>bid</strong>s without assigning any reason whatsoever.<br />

Canvassing in any form will disqualify the vendor/ <strong>bid</strong>der. Offers from the brokers / intermediaries<br />

will not be entertained.<br />

Dy. General Manager


REGIONAL OFFICE<br />

48- Neelam Bata Road, Faridabad<br />

Phone: 129 - 2426743, 2432021 Fax: 0129 - 2413658<br />

email: ha.8235farro@syndicatebank.co.in<br />

(Premises & Maintenance Cell)<br />

TENDERS FOR PURCHASE OF RESIDENTIAL FLATS IN FARIDABAD<br />

Instructions to Bidders<br />

These instructions shall form part of the <strong>bid</strong> to be submitted by the <strong>bid</strong>der to <strong>Syndicate</strong> <strong>Bank</strong>.<br />

1. The <strong>bid</strong> Document consists of the following:<br />

A. Technical Bid:<br />

Notice Inviting <strong>bid</strong>s,<br />

Instructions to Bidders,<br />

Tender offer,<br />

General Terms and Conditions,<br />

Schedule A: <strong>Bank</strong>’s Requirements<br />

Schedule B: Information about the Bidder<br />

Schedule C: Technical details & Specifications.<br />

B. Price Bid.<br />

The <strong>bid</strong>der has to submit all these documents duly filled and signed along with other additional<br />

information, drawings etc as detailed.<br />

2. Bids submitted not in accordance with these instructions and terms and conditions are liable to be<br />

rejected.<br />

3. Qualification of Bidders: The <strong>bid</strong>ders shall meet the following requirements:<br />

a. Should have at least 5 years experience in the business of developing properties.<br />

b. Should have constructed and sold at least 100 flats in the last 3 years.<br />

c. Should have an average annual turnover of Rs.20 crores during that last 3 financial years.<br />

Documentary evidence to establish these requirements will have to be furnished along with the<br />

Technical Bid. The <strong>Bank</strong> reserves its right to relax these qualifications if the <strong>bid</strong>s are otherwise<br />

found acceptable.<br />

4. Submission of Bids :<br />

� The completed Technical Bid along with all the documents, including EMD of<br />

Rs.1,00,000/- in the form of Demand Draft/Pay Order/<strong>Bank</strong> Guarantee favouring <strong>Syndicate</strong><br />

<strong>Bank</strong>, Faridabad shall be placed into an envelope (1st envelope) superscribed "Technical-<br />

Bid - Offer for sale of Residential Flats to <strong>Syndicate</strong> <strong>Bank</strong>, Faridabad". In this<br />

envelope all details except the Price Bid shall be enclosed.<br />

� The Price Bid shall be placed separately in a second envelope, sealed and super scribed<br />

"Price-Bid - for sale of Residential Flats to <strong>Syndicate</strong> <strong>Bank</strong>, Faridabad". In this<br />

envelope no other documents shall be enclosed other than Price Bid alone.<br />

� The two envelopes shall be placed in a third envelope duly superscribed "Offer for sale of<br />

residential flats at Faridabad & Gurgaon to <strong>Syndicate</strong> <strong>Bank</strong>" and submitted as detailed<br />

so as to reach on or before specified date and time. The name of the <strong>bid</strong>der should be<br />

mentioned at the bottom left hand corner of the envelope.


� The Bid should be addressed to:<br />

Dy. General Manager,<br />

<strong>Syndicate</strong><strong>Bank</strong>, Regional Office<br />

48- Neelam Bata Road, Faridabad- 121001 (Haryana)<br />

(Phone No. 0129- 2432021, 2426743, Fax No.0129-2413658)<br />

5. All items in the Bid Document must be duly filled in and no item should be left blank. “Nil” or<br />

“Not applicable” should be written where there is nothing to report. The authorized signatory of<br />

<strong>bid</strong>der should sign all the pages of the Bid Documents and additional documents, if any, enclosed.<br />

The <strong>Bank</strong> reserves its right to reject incomplete <strong>bid</strong>s or in cases where information submitted is<br />

found incorrect.<br />

6. In case the space in the Bid Document is found insufficient, the <strong>bid</strong>der may use separate sheets to<br />

provide full information.<br />

7. Earnest Money: Each <strong>bid</strong> must be accompanied with an Earnest Money of Rs 1.00 lakhs in the<br />

form of a Demand Draft/Pay Order/<strong>Bank</strong> Guarantee in favour of <strong>Syndicate</strong> <strong>Bank</strong>. Bids without<br />

Earnest Money Deposit shall not be accepted. The Earnest Money shall be refunded without<br />

interest as stated in the General Terms and Conditions.<br />

8. Validity of offer: The offer should remain valid for acceptance for a period of 120 days from the<br />

date of opening of technical <strong>bid</strong>s. During the validity period of the offer the <strong>bid</strong>der should not<br />

withdraw/modify the offer in any way. If the <strong>bid</strong>der withdraws his offer or modifies it during this<br />

period, or violates the tender terms, the EMD shall be forfeited.<br />

9. Property offered should satisfy the <strong>Bank</strong>’s requirements specified in Schedule A: “<strong>Bank</strong>’s<br />

requirements”.<br />

10. <strong>Bank</strong> would prefer to purchase flats which are ready for occupation or which will be ready for<br />

occupation within 6-8 months of the date of submission of <strong>bid</strong>s. <strong>Bank</strong> would prefer to buy flats in<br />

exclusive blocks.<br />

11. The property offered should be non-encumbered and have clear and marketable title. Adequate<br />

documentary evidence to this effect should be furnished along with the Technical Bid. All the legal<br />

documents required by the <strong>Bank</strong> for verification of the title clearance of the property should be<br />

submitted. The title certificate issued by <strong>Bank</strong>'s solicitor / Advocate only shall be considered.<br />

12. While furnishing the information in Technical Bid, full details of the items/ materials used/to be<br />

used including the brand name, size, quantity, quality etc. should be furnished for each and every<br />

item in the respective columns. These particulars are subject to verification.<br />

13. Copies of Plans approved by municipal authorities/competent authority should be submitted<br />

along with the Technical Bid. Particulars of the eligible FSI and FSI used etc are to be furnished<br />

in the respective column along with the requisite certificates issued by the competent authorities.<br />

14. The vendors at their own cost shall obtain Income Tax and other statutory clearances as and when<br />

required.<br />

15. The following documents should be enclosed with the offers:<br />

15.1. A copy of investigation and search report on the <strong>bid</strong>der's title to the property along with<br />

copy of Title deeds.<br />

15.2. A copy of sanctioned building plans including site plan and layout.<br />

15.3. Commencement Certificate from competent authority.<br />

15.4. Certified copy of the Occupation Certificate in case of buildings already<br />

completed.<br />

15.5. Structural Stability Certificate from licensed structural engineer of Municipal<br />

Corporation / Local authority.


15.6. No Objection Certificate from the fire control authorities:<br />

15.7. Report of the Solicitor / Advocate for marketability of titles:<br />

15.8. Copy of registered Memorandum between Developers and the landowners in<br />

case the land does not belong to the Developer.<br />

15.9. Copy of Registered Power of Attorney given to the Developer and such other<br />

related documents.<br />

15.10. Details of deviation to the sanctioned plan if any.<br />

15.11. Details of institutional/corporate buyers of the flats in the residential complex, if<br />

any.<br />

15.12. Name and details of the architect, structural consultants, Project Management<br />

Consultant, Service Consultants, Contractors to the project shall be furnished.<br />

16. Bidders may submit separate offers for different sites/locations. For each such offer, separate<br />

Schedule C should be submitted. In such cases, the Technical Bid should contain one set of<br />

complete Bid Document with separate Schedules C for each site/location. Only one Schedule B is<br />

required for each <strong>bid</strong>der. The <strong>price</strong> <strong>bid</strong>s of all offers of a <strong>bid</strong>der may be submitted in one envelope.<br />

17. The <strong>bid</strong>der shall disclose at the technical <strong>bid</strong> stage itself the names of any close relatives working<br />

with the <strong>Bank</strong>.<br />

18. <strong>Bank</strong> reserves the right to accept or reject any or all the <strong>bid</strong>s or to split the purchase among more<br />

than one <strong>bid</strong>der without assigning any reason whatsoever.<br />

19. Purchase preference may be accorded to Public Sector <strong>Bank</strong>s/Undertakings or Government<br />

Departments as per extant of rules.<br />

20. Canvassing in any form will be considered as violation and the tender will be disqualified.<br />

21. Brokers and agents are not allowed to <strong>bid</strong>. No brokerage will be paid in any form in connection<br />

with this purchase.<br />

Signature of the Bidder<br />

General Manager


REGIONAL OFFICE<br />

48- Neelam Bata Road, Faridabad<br />

Phone: 129 - 2426743, 2432021 Fax: 0129 - 2413658<br />

email: ha.8235farro@syndicatebank.co.in<br />

(Premises & Maintenance Cell)<br />

T E N D E R - O F F E R<br />

We have read and examined and understood the Notice Inviting <strong>bid</strong>, Instructions to<br />

<strong>bid</strong>ders, General Conditions of Contract, and all other documents in the <strong>bid</strong> document<br />

for sale of residential flats to <strong>Syndicate</strong> <strong>Bank</strong>.<br />

We hereby submit our offer in the prescribed form including all schedules in<br />

accordance in all respects with the <strong>bid</strong> document.<br />

We agree to keep the <strong>bid</strong> open for 120 days from the due date of opening of Technical<br />

Bids thereof and not to make any modifications in its terms and conditions. A sum of<br />

Rs.1.00 lakh (Rupees one lakh only) is hereby forwarded as Earnest Money in the<br />

form of Demand Draft/<strong>Bank</strong> Guarantee.<br />

In the event of our withdrawing or modifying the offer or failure to furnish such other<br />

documents/clarifications/information as may be called for by the <strong>Bank</strong> during its<br />

validity period or in the event of our failure to sign the Sale Agreement within the<br />

period specified by the <strong>Bank</strong> or our failure to comply with any of the instructions<br />

contained in the <strong>bid</strong> document, we agree that the <strong>Bank</strong> shall, without prejudice to any<br />

other right or remedy, be at liberty to forfeit the said Earnest Money absolutely.<br />

We hereby declare that we treat the <strong>bid</strong> documents, drawings and other records<br />

connected with the work as secret/confidential documents and shall not communicate<br />

information/derived there from to any persons other than a person to whom we are<br />

authorized to communicate the same or use the information in any manner prejudiced<br />

to the safety of the State / the <strong>Bank</strong>.<br />

We fully understand and agree that the bank is not bound to accept our or any <strong>bid</strong> and<br />

that the <strong>Bank</strong> is free to cancel the <strong>bid</strong> process without assigning any reason<br />

whatsoever.<br />

Shri. ________________________, authorized representative of the Company, is the<br />

person authorized to negotiate commercial, technical terms & conditions and sign on<br />

behalf of the firm any Agreement, Bills and receipts for this work.<br />

We agree that until a formal agreement on stamp paper is prepared and signed, this<br />

<strong>bid</strong> with your written acceptance thereof shall constitute a binding contract between<br />

us.<br />

Dated the: ..........<br />

Signature of Bidder :<br />

Name & address :<br />

Including Pin Code and<br />

Telephone No<br />

Signature, name and address of Witness (1) :<br />

Witness (2) :


REGIONAL OFFICE<br />

48- Neelam Bata Road, Faridabad<br />

Phone: 129 - 2426743, 2432021 Fax: 0129 - 2413658<br />

email: ha.8235farro@syndicatebank.co.in<br />

(Premises & Maintenance Cell)<br />

GENERAL TERMS & CONDITIONS<br />

1. Interpretation: In construing these conditions, the specifications, the schedules, <strong>price</strong> <strong>bid</strong>,<br />

Technical <strong>bid</strong> and Agreement, the following words shall have the meaning herein assigned to them<br />

except where the subject or context otherwise requires:<br />

1.1. <strong>Syndicate</strong> <strong>Bank</strong> or The <strong>Bank</strong> or Employer: The term shall denote <strong>Syndicate</strong> <strong>Bank</strong> with its<br />

Regional Office at 48- Neelam Bata Road, Faridabad-121001and any of its employees/<br />

representatives authorized on its behalf.<br />

1.2. Bidder or Vendor or Contractor: The term shall mean ______________________________<br />

____________________________________ (Name & address of the vendor) and their heirs,<br />

legal representatives, assigns and successors.<br />

1.3. Work: This term shall mean the work covered by this contract i.e construction and sale of<br />

premises as detailed in the <strong>bid</strong> including all connected works necessary to complete the<br />

contract in all respects.<br />

1.4. Specifications: This term shall mean the Technical Specifications attached to the <strong>bid</strong><br />

documents, submitted by the <strong>bid</strong>der with his <strong>bid</strong> and accepted by the <strong>Bank</strong> for the work.<br />

1.5. “Price Bid” shall mean the <strong>price</strong> <strong>bid</strong> submitted by the <strong>bid</strong>der with the quoted rates of the<br />

<strong>bid</strong>der.<br />

2. Submission of <strong>bid</strong>: The entire set of Bid Document should be submitted completed in all respects<br />

and signed at relevant places together with initials on all other pages. No modifications, writing<br />

(except where provided for) or corrections can be made in the <strong>bid</strong> papers by the <strong>bid</strong>der. The <strong>bid</strong><br />

shall be submitted in the manner specified in the Instructions to Bidders. The <strong>bid</strong>der shall<br />

note that the <strong>bid</strong> shall remain open for consideration for the period mentioned elsewhere in the <strong>bid</strong><br />

document.<br />

3. Scope: This <strong>bid</strong> is for planning, designing, constructing and handing over vacant possession of the<br />

premises as offered by the <strong>bid</strong>der and accepted by the <strong>Bank</strong> with all services and amenities and<br />

undivided share of land including getting all sanctions, approvals, clearances and certificates,<br />

including Occupation Certificate, from appropriate authorities and local bodies and including<br />

registration of documents and transferring the title to the <strong>Bank</strong>.<br />

4. Conveyance Deed/Sale Agreement: The successful <strong>bid</strong>der whose offer is accepted is<br />

required to execute a Sale Agreement with the <strong>Bank</strong>. The Registration formalities


including handing over possession of the property complete in all respects shall be<br />

completed within the time frame indicated in the Sale Agreement. The stamp duty,<br />

registration fees, legal fees and other incidental expenses to be incurred in connection<br />

with the registration of the property shall be borne by the <strong>Bank</strong>.<br />

5. Permits & Licenses: All sanction, permits, licenses and foreign exchange, if any,<br />

required, for procurement of all raw materials, machinery etc and employment of labour<br />

required for completing the work shall be arranged by the <strong>bid</strong>der himself at his own cost.<br />

6. Taxes, Cess, Duties, Registration, Stamp duty charges: The quoted rate must include<br />

all duties, royalties, cess, Service Tax, Sales Tax, VAT or any other taxes or local<br />

charges if applicable but excluding registration and stamp duty charges. The<br />

<strong>bid</strong>der shall agree and undertake to pay all taxes, cess and other public charges<br />

payable to statutory and other bodies pertaining to the property up to the date of<br />

handing over possession. The <strong>bid</strong>der shall indemnify the <strong>Bank</strong> against such<br />

liabilities and shall be responsible for any claims and liabilities.<br />

7. Escalation: The rate quoted shall be firm throughout the tenure of the contract and<br />

will not be subject to any fluctuation due to increase in cost of materials, labour,<br />

sales tax, Octroi etc.<br />

8. Government & Local Rules: The <strong>bid</strong>der shall conform to the provisions of all the<br />

local laws and Acts relating to the work and to the Regulations etc. of the<br />

Government and Local Authorities. The cost, if any, shall be deemed to have been<br />

included in the quoted rates, taking into account all liabilities for licenses, fees etc.<br />

that are payable in this regard and shall indemnify <strong>Syndicate</strong> <strong>Bank</strong> against such<br />

liabilities and shall be responsible for all actions arising from such claims or<br />

liabilities.<br />

9. Earnest Money: The <strong>bid</strong>der will have to deposit earnest money to the extent and in<br />

the form detailed in the NIT and Instructions to the <strong>bid</strong>der. The earnest money will<br />

not bear any interest. In case of unsuccessful <strong>bid</strong>der the earnest money will be<br />

refunded soon after the decision to award the work is taken or after expiry of the<br />

validity period of the offer. In the case of the successful <strong>bid</strong>der to whom the<br />

contract is awarded, the earnest money will be retained as part security deposit till<br />

the contract is performed in all respects. The Earnest Money is liable to be forfeited<br />

in the circumstances indicated in the general Instructions to <strong>bid</strong>ders.<br />

10. Notice inviting objections: The <strong>Bank</strong> may issue public notice in the leading news papers inviting<br />

claims/objections from the public, if any, before entering into the conveyance deed for the offered<br />

property. The <strong>bid</strong>der should not have any objection for this.


11. Inspection of the property: The short listed properties will be inspected by <strong>Bank</strong><br />

Officials/empanelled valuers, Architect for assessing the valuation and to verify the quality of<br />

construction, materials used, etc. The <strong>bid</strong>der should make necessary arrangements and provide the<br />

requisite information/ documentary proof to the visiting officials/ <strong>Bank</strong>'s approved valuers.<br />

12. Payment Terms:<br />

a. 95% of the cost of flats finalized shall be made after completion of all the required<br />

formalities including registration and taking possession etc.<br />

b. Balance 5% of the cost of flats shall be withheld as Security Deposit.<br />

c. As the requirement is for the completed flats with Occupation Certificate, no<br />

interim/advance payment shall be considered.<br />

d. All payments will be made by crossed DD only.<br />

13. Carpet area: The payment will be based on the carpet area transferred to the <strong>Bank</strong>. Carpet area<br />

shall be calculated from the internal wall to wall measurement ignoring the plastering and skirting and<br />

column offsets. Covered balconies shall be measured full in carpet areas. Door jambs/sills,<br />

shafts/ducts, Stilt area, covered / open parking spaces, lifts, staircase, common lobbies, open terraces,<br />

club house, swimming pool, pump room, watchman’s chowky, storage tanks, chajja, canopies, worship<br />

places etc. will not be included. Projected nitches for cup boards, shelves etc will not be included in<br />

carpet area.<br />

14. No separate payment will be made for the items/areas/ amenities/facilities which are included in<br />

the offer but for which separate rate is not quoted and accepted. The cost of such items/ areas/<br />

services/ amenities, which are not specifically included, is deemed to be included in the rates<br />

quoted in the <strong>price</strong> <strong>bid</strong>.<br />

15. Security Deposit: The Security Deposit deducted from the payment to the <strong>bid</strong>der<br />

shall be refunded on satisfactory completion of the Defect Liability Period or after<br />

submission of building completion/occupation certificates, whichever is later, after<br />

deducting any amount due to the <strong>Bank</strong> from the <strong>bid</strong>der on any account. No interest<br />

will be paid on security deposit. The <strong>Bank</strong> may, at its discretion, accept Security<br />

Deposit in the form of a <strong>Bank</strong> Guarantee.<br />

16. Defect Liability Period: The works covered by this contract shall have a defect liability period of<br />

12 months from the date of taking over possession by the <strong>Bank</strong> for any construction and/or<br />

installation defects and deficiencies. If any defect or deficiency of whatever nature is noticed<br />

during this period, the same shall forthwith be removed by the <strong>bid</strong>der to the satisfaction of the<br />

<strong>Bank</strong>, at the <strong>bid</strong>der’s own cost and within a reasonable time of his being informed, failing which<br />

the <strong>Bank</strong> shall remove such defects and deficiencies and recover the expenses incurred in this<br />

connection from the Security Deposit or any other money due under this contract or under any<br />

other contract.


17. Time for completion and handing over: Time is the essence of this contract. The time stipulated<br />

or agreed upon for handing over complete possession of the premises in all respects including the<br />

various services shall be followed strictly.<br />

18. Liquidated Damages: If the <strong>bid</strong>der/ vendor fails to complete in all respects the<br />

premises including various services including Completion/Occupancy Certificate<br />

to the satisfaction of <strong>Syndicate</strong> <strong>Bank</strong> and hand over vacant possession within the<br />

stipulated/agreed period, without prejudice to any other right or remedy available<br />

to the <strong>Bank</strong> on account of such breach, the <strong>bid</strong>der shall be bound to pay to<br />

<strong>Syndicate</strong> <strong>Bank</strong>, as agreed compensation, a sum calculated at the rate of Rs. 10.00<br />

(Rupees ten only) per sft of carpet area for every month or part thereof of the delay<br />

till the actual date of handing over possession.<br />

19. Materials, Workmanship, Sampling, Testing of Materials: All the works specified and<br />

provided for in the specifications or which may be required to be done in order to perform and<br />

complete the work shall be executed in the best and most workmanlike manner with materials of<br />

the best and approved quality with particulars contained in and implied by the specifications.<br />

20. Access & Inspection: Any authorized representative of the <strong>Syndicate</strong> <strong>Bank</strong>/<strong>Bank</strong><br />

Central Vigilance Commissioner/Chief Technical Examiner shall at all reasonable<br />

times have free access to the works site and the <strong>bid</strong>der shall give every facility for<br />

inspection, examination and testing the quality of materials and workmanship if so<br />

desired by the <strong>Bank</strong>.<br />

21. Legal opinion: The bank reserves its right to obtain legal opinion from its advocate<br />

to ensure that the property proposed to be purchased is free from encumbrances,<br />

necessary permission and clearances are obtained, the <strong>bid</strong>der has clear and<br />

marketable title to property etc. The <strong>bid</strong>der shall furnish all necessary information<br />

and details including copies of relevant documents for this purpose.<br />

22. SETTLEMENT OF DISPUTES AND ARBITRATION:<br />

All disputes or differences of any kind whatsoever which shall at any time arise between the parties<br />

hereto touching or concerning the works or the execution or maintenance thereof of this contract or the<br />

rights touching or concerning the works or the execution of maintenance thereof of this contract or the<br />

construction remaining operation or effect thereof or to the rights or liabilities of the parties or arising<br />

out of or in relation thereto whether during or after determination foreclosure or breach of the contract<br />

(other than those in respect of which the decision of any person is by the contract expressed to be final<br />

and binding) shall, after written notice by either party to the contract to the other, be referred for<br />

adjudication, in accordance with the Arbitration and Conciliation Act, 1996, to a Sole Arbitrator to be<br />

appointed by the <strong>Bank</strong>. The decision of the Arbitrator shall be final and binding on the parties.


ANNEXURE- I<br />

BANK GUARANTEE FORMAT FOR EARNEST MONEY DEPOSIT<br />

Whereas _______________________________________________ (Name of the <strong>bid</strong>der)<br />

(hereinafter called ‘vendor’ or ‘<strong>bid</strong>der’) has submitted its <strong>bid</strong> dated _____________________<br />

(Date) for the execution of (Name of Contract) ______________________________ in<br />

favour of <strong>Syndicate</strong> <strong>Bank</strong>______________________ hereinafter called the “Beneficiary”.<br />

Know all men by these presents that we,_______________ (Name of issuing <strong>Bank</strong>) , a body<br />

Corporate constituted under the <strong>Bank</strong>ing Companies (Acquisition & Transfer of<br />

Undertakings) Act, 1970 having its Office at _____________ amongst others a branch at<br />

_______________________________________ (hereinafter called “the <strong>Bank</strong>” in this<br />

guarantee) are bound unto the Beneficiary for the sum of Rs<br />

____________________________ (Rupees<br />

_______________________________________ only) (hereinafter called Guaranteed Sum)<br />

for which payment well and truly to be made to the said Beneficiary, the <strong>Bank</strong> binds itself, its<br />

successors and assigns by these presents;<br />

The conditions of this obligation are:<br />

a. If the vendor/ <strong>bid</strong>der withdraws or unilaterally modifies its <strong>bid</strong> during the period of <strong>bid</strong><br />

validity specified in the <strong>bid</strong>; or<br />

b. If the vendor/ <strong>bid</strong>der having been notified of the acceptance of his <strong>bid</strong> by the<br />

Beneficiary during the period of <strong>bid</strong> validity fails or refuses to execute the Sale<br />

Agreement, if required;<br />

c. If the vendor/ <strong>bid</strong>der fails to perform the work according to the agreed specification,<br />

time schedule, in accordance with general conditions of contract<br />

We undertake to pay to the beneficiary the guaranteed sum or any lesser amount mentioned<br />

in the demand letter forthwith, upon receipt of the first written demand from the beneficiary.<br />

Provided that in the demand letter the beneficiary should mention that the amount claimed is<br />

due to the beneficiary owing to the occurrence of one or more of the conditions mentioned<br />

above.<br />

We undertake to pay to the beneficiary upto the above amount upon receipt of his first written<br />

demand without the beneficiary having to substantiate his demand, provided that in his<br />

demand the beneficiary will note that the amount claimed by him is due to him owing to the<br />

occurrence of one or the above mentioned conditions, specifying the occurred condition or<br />

conditions.<br />

Notwithstanding anything herein contained, our liability under this guarantee is limited to<br />

Rs………….(Rupees ___________________________________________ only) and will<br />

remain in force upto __________________________ including the date of expiry of the<br />

period of <strong>bid</strong> validity, and any demand in respect thereof must reach the <strong>Bank</strong> not later than<br />

the date of expiry of this guarantee i.e., on or before _______________________ failing<br />

which all the rights of the beneficiary under the guarantee shall be forfeited and the <strong>Bank</strong><br />

shall be deemed to be relieved or discharged from all liabilities hereunder.<br />

Dated ___ day of ___________ 2012 .<br />

AUTHORISED SIGNATURE OF THE ISSUING BANK<br />

To : _________________________________________________


REGIONAL OFFICE<br />

48- Neelam Bata Road, Faridabad<br />

Phone: 129 - 2426743, 2432021 Fax: 0129 - 2413658<br />

email: ha.8235farro@syndicatebank.co.in<br />

(Premises & Maintenance Cell)<br />

SCHEDULE ‘A’ - BANK’S REQUIREMENTS<br />

A. DETAILS OF ACCOMMODATION REQUIRED:<br />

TYPE ACCOMMODATION PER<br />

FLAT<br />

3 BHK Three bed rooms, living<br />

cum dining, kitchen and 2<br />

toilets.<br />

2 BHK Two bed rooms, living cum<br />

dining, kitchen and 2 toilets<br />

APPROX.<br />

CARPET AREA<br />

OF FLAT<br />

950-1050 sft. 05<br />

750-850 sft. 15<br />

NO OF FLATS<br />

REQUIRED<br />

The Carpet area mentioned in the above table is approximate carpet area of each flat.<br />

(Please see General Condition No. 13 regarding carpet area)<br />

B. PREFERENCE OF EXCLUSIVITY: <strong>Bank</strong> would prefer to purchase flats in exclusive and<br />

independent blocks in a complex, preferably with independent services and amenities.<br />

C. LOCATIONAL PREFERENCE: The flats shall be in good residential locality and<br />

neighborhoods within BBMP area with easy access to educational institutions, hospitals,<br />

markets, transportation facilities etc. The locality should not be prone to flooding, noise/air<br />

pollution, industrial nuisance, unauthorized hutments, encroachments, slums etc.<br />

D. PLANNING AND DESIGNING: The flats and various internal and external services<br />

should have been planned, designed and constructed following good engineering and<br />

architectural norms and practices. The planning should conform to the local applicable<br />

municipal bye - laws in all respects and the National Building Code and BIS Codes and<br />

Specifications. The structural and foundation designs should have been carried out by<br />

competent, experienced and reputed consultants to suit the type of founding stratum and its<br />

bearing capacity and anticipated dead, live, wind and earthquake loads. The materials and<br />

workmanship used in the construction shall be of appropriate quality. It shall be open for the<br />

<strong>Bank</strong> to get the structural designs and the quality of materials used and the workmanship<br />

checked by an external agency as may be considered necessary at <strong>Bank</strong>’s own cost. The<br />

<strong>bid</strong>der shall cooperate and give all assistance for this purpose.<br />

General Manager


SCHEDULE ‘B’: INFORMATION ABOUT BIDDER<br />

(Only one Schedule required for a <strong>bid</strong>der)<br />

1. Details of <strong>bid</strong>der / firm / builder /owner<br />

1.1. Name:<br />

1.2. Address :<br />

1.3. Phone No., FAX No. & E-mail address:<br />

1.4. Name of the contact person:<br />

1.5. Constitution of <strong>bid</strong>der / firm: (Proprietary / Partnership /Pvt. Ltd, / Public Ltd. / PSU<br />

etc.):<br />

1.6. Details of Group/Sister Concerns, if any :<br />

1.7. Whether the builder has sold any similar property to any Government / Semi-<br />

Government Institutions / Financial Institutions etc.? If so names and addresses of<br />

such clients and total cost of such sales to each client to be given.<br />

1.8. No. of years in the construction business:<br />

1.9. Number of flats constructed and sold in the last 3 years (Please furnish details):<br />

1.10. Last 3 years’ turnover (year-wise):<br />

(enclose audited balance sheets or certificate from a Chartered Accountant)<br />

1.11. Details (date of commencement, completion, cost, name of client, nature of<br />

work etc) of last 5 projects completed:<br />

1.10. Name and address of the banker:<br />

2. Marketability of Title of the land and the property<br />

2.1. The details of the land and landowners / legal heirs:<br />

2.2. Solicitor's / Advocate's Legal scrutiny report.<br />

2.3. Details of marketability and title of the <strong>bid</strong>der to be enclosed:<br />

2.4. Details of encumbrances, if any:<br />

Signature of Bidder


SCHEDULE ‘C’: TECHNICAL DETAILS & SPECIFICATIONS<br />

(Separate Schedule ‘C’ must be submitted for each property)<br />

1. Name of the property/complex:<br />

2. Locality/area:<br />

2.1. Name of locality/area:<br />

2.2. Type of locality: Residential /Commercial /Shopping Complex /Industrial (Tick one).<br />

2.3. Whether the locality/ plot is prone to hazards like fire, flood, etc:<br />

2.4. Whether the locality has protection from adverse influence such as Encroachments,<br />

unauthorized hutments, Industrial nuisance, smoke, dust, noise, etc:<br />

3. Details of Property<br />

3.1. Name of the owner:<br />

3.2. Location & Address of the property:<br />

3.3. Name of the scheme:<br />

3.4. Usage of property (as approved by Competent Authority): Residential/<br />

Commercial/Commercial/ Shopping Complex (Tick one).<br />

3.5. Details of approach to the property:<br />

4. Distance to nearest public amenities (in Kms)<br />

4.1. Railway Station:<br />

4.2. Bus stop:<br />

4.3. Market:<br />

4.4. Police Station:<br />

4.5. Educational Institution:<br />

4.6. <strong>Bank</strong>:<br />

4.7. Hospital:<br />

4.8. Post Office:<br />

5. Details of land / site<br />

5.1. Tenure of the land : Freehold/ leasehold/ other<br />

5.2. If lease hold, give name of title holders, annual lease rent and period of lease.<br />

5.3. Area of the plot (Enclose site plan with dimensions and calculation of area)-<br />

5.3.1. Total plot area :<br />

5.3.2. Open area :


5.3.3. Ground Coverage permissible:<br />

5.3.4. Ground coverage actual :<br />

5.3.5. Area of land proposed to be transferred to <strong>Bank</strong>:<br />

5.4. Details of right of way / passing of water mains / HT/LT lines underground<br />

cables etc.<br />

5.5. Boundaries and adjacent buildings on:<br />

5.5.1. North :<br />

5.5.2. East :<br />

5.5.3. South :<br />

5.5.4. West :<br />

5.6. Boundary wall provided?<br />

6. Building offered<br />

6.1. Type of Construction: {Load Bearing/RCC/Steel framed)<br />

6.2. Type of Foundation:<br />

6.3. Is the structure designed for earthquake forces applicable for the area?<br />

6.4. No. of Floors and height of each floor including basement, if any:<br />

6.5. Clear floor height from floor to ceiling:<br />

6.6. Any structural provision for additional floors in future?<br />

6.7. Total area constructed/under construction:<br />

6.7.1. Basement:<br />

6.7.2. Ground Floor:<br />

6.7.3. Upper Floors:<br />

6.9 Area of premises offered per flat:<br />

No of flats available for sale<br />

Carpet area of each<br />

Corresponding super built up area of<br />

each<br />

6.10 Anti-termite treatment: Pre-construction /Post construction<br />

6. 10.1 Name of the Agency<br />

6.10.2 Guarantee period:: Valid upto<br />

3 BHK 2 BHK


7. Construction specifications / materials used (Separate annexure may be used.<br />

Indicate thickness, brief specification, brand name etc)<br />

7.1. Flooring:<br />

7.2. Skirting/dado:<br />

7.3. Internal Walls:<br />

7.4. Internal wall finishing:<br />

7.5. External Walls:<br />

7.6. External wall finishing:<br />

7.7. Terrace treatment:<br />

7.8. Doors-frame/shutter/fittings:<br />

7.9. Windows-frame/shutter/fittings/grills:<br />

7.10. Toilets fittings and fixtures:<br />

7.11. Kitchen platform:<br />

7.12. Kitchen fittings and fixtures:<br />

7.13. Wardrobes/storage space:<br />

8. Age / condition of the construction / building<br />

8.1. If already completed, indicate date of completion:<br />

8.2. If under construction-<br />

8.2.1. Present stage of construction:<br />

8.2.2. Likely date of completion:<br />

9. Internal fittings and fixtures provided –indicate nos/details.<br />

9.1. Fans :<br />

9.2. Geysers :<br />

9.3. Wardrobes :<br />

9.4. Exhaust Fans :<br />

9.5. Electrical Fittings :<br />

9.6. Tube lights etc. :<br />

9.7. Washbasins and mirrors :<br />

9.8. intercom /telephone / dish antenna /internet/cable TV, etc.:<br />

9.9. Internal furnishings :<br />

9.10. Any other amenities :


10. Exclusive facilities offered (for use of bank only):<br />

10.1. Car Parking space : Covered / Open<br />

10.2. Scooter parking : Covered / Open<br />

10.3. Lifts : Number and capacity:<br />

11. Common facilities provided (give details) ( to be shared with other owners)<br />

11.1. Car Parking space : Covered / Open<br />

11.2. Scooter parking : Covered / Open<br />

11.3. Power supply : Adequate and available / Not available<br />

11.4 Water supply-<br />

11.4.1 Source: borewell/open well/municipal supply (Tick as applicable).<br />

11.4.3 If municipal supply, quantity of water supplied daily:<br />

11.5 Lifts: Number and capacity, if any.<br />

11.6 Generator for emergency- indicate capacity & number.<br />

11.7 Lightning arrestors:<br />

11.8 Fire safety and fire fighting arrangements provided:<br />

11.8.1 Wet riser:<br />

11.8.2 Hydrants:<br />

11.8.3 Fire pump:<br />

11.8.4 Jockey pump:<br />

11.8.5 DG set:<br />

11.8.6 Sump:<br />

11.8.7 Overhead tank:<br />

11.8.8 Extinguishers:<br />

11.8.9 Sprinklers/smoke detectors:<br />

11.9.10 Public address system:<br />

11.9 Security arrangements, anti burglary device etc.<br />

11.10 Sewerage system: Municipal/Septic Tank/ Treatment Plant/Others.<br />

11.11 External paving:<br />

11.12 Compound lighting:<br />

11.13 Club House:


11.14 Swimming Pool:<br />

11.15 Horticulture & landscaping:<br />

11.16 Any other amenities provided (give details):<br />

12. Maintenance of common facilities<br />

12.1. What is the arrangement for maintenance?<br />

12.2. Charges payable for maintenance:<br />

12.3. Any payment required to be made to association/cooperative society:<br />

13. Sanctioned plans / Certificates<br />

13.1. Whether structural stability certificate enclosed? Name of the Structural<br />

Consultant with license number:<br />

13.2. Name, Phone, address of Architect/Engineer:<br />

13.3. Whether the construction plan of the building is sanctioned by Competent<br />

Authority (enclose copy):<br />

13.4. Validity of sanction:<br />

13.5. Is the construction as per applicable byelaws?<br />

13.6. Is there any deviation from the bye laws/sanctioned plan? Give details:<br />

13.7. Have these deviations been regularized?<br />

13.8. Is permission under urban land Ceiling Act obtained?<br />

13.9. Whether completion / occupation certificate is issued by the competent authority<br />

(enclose copy):<br />

13.10. Designation of the authority which has issued the completion / occupation<br />

certificate:<br />

14. Any other information not covered above<br />

I / We declare that the information furnished above is true and correct and<br />

conforms to the <strong>Bank</strong>'s specifications.<br />

Place: SIGNATURE OF BIDDER WITH SEAL<br />

Date:


Type Location<br />

3 BHK<br />

2 BHK<br />

Notes:<br />

PRICE BID<br />

PURCHASE OF FLATS IN FARIDABAD CITY - PRICE BID<br />

(Excluding stamp duty and registration charges)<br />

No. of<br />

flats/car<br />

parks offered<br />

Carpet area<br />

(Sft) (see<br />

notes below)<br />

Of each<br />

Rate (Rs) per Sft. of carpet area/<br />

cost of each car park<br />

No. In figures In words<br />

Flats<br />

Car parks xxxxxxxxxxxx<br />

flats<br />

Car parks xxxxxxxxxxxxx<br />

i) Bidders shall quote rate / amount excluding registration and stamp duty charges.<br />

ii) Price <strong>bid</strong> shall be placed in a sealed envelope superscribed "Price Bid – for sale of<br />

Residential Flats to <strong>Syndicate</strong> <strong>Bank</strong>, Faridabad" and the same shall be placed along with<br />

Technical Bid cover in a larger envelope superscribed "Offer for sale of residential flats<br />

at Faridabad to <strong>Syndicate</strong> <strong>Bank</strong>”. The name of the Bidder should be mentioned at the<br />

bottom left hand corner of the envelope.<br />

iii) The offer shall be valid for minimum of 120 days from the date of opening of technical<br />

<strong>bid</strong>s. During the validity period of the offer the Bidder shall undertake not to<br />

withdraw / modify the offer in terms of <strong>price</strong> and other terms and conditions.<br />

iv) The rates/amount quoted should be inclusive of all charges whatsoever unless otherwise<br />

indicated.<br />

v) Please see the definition of ‘Carpet area’ and areas excluded from carpet area in the<br />

General Terms & Conditions.<br />

PLACE:<br />

DATE:<br />

Name and signature of the Bidder with seal

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