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8 Dy.Ex.Engr.c) Tender Units : The tenderers should particularly note the unit mentioned inthe Schedule "B" on which the rates are based . No change in the units shall beallowed. In the case of difference between rates written in figures and words , thecorrect rate will be the one, which is lower of the two.c) The Income Tax @ 2% or percentage in force from time to time or at the rateas intimated by the competent Income Tax authority shall be deducted from billamount whether measured bill, advance payment or secured advance.2.0 EARNEST MONEY :2.1 Earnest money of Rs. 1,40,200/- in words ( Rupees One lakh forty thousandtwo hundred only) along with the tender should be in the shape of scanned copy ofreceipted challan of Government Treasury / Sub-Treasury or term deposit receipt fora period of one year issued by Nationalised /Scheduled Bank in favour of ExecutiveEngineer, Public Works (South) Division, Pune.2.2 Scanned copy of Valid earnest money exemption certificate will also beaccepted in lieu of earnest money deposit,. The tenderers who are exempted frompayment of earnest money deposit should attach attested copy of certificate fromGovernment of Maharashtra regarding exemption from the payment of earnestmoney.2.3 Tender of those who do not deposit earnest money in one of the aboveacceptable forms shall be summarily rejected. Earnest money in any other form ofcash or cheque will not be accepted.2.4 The amount of earnest money will be refunded to the unsuccessful tenderer ondeciding about the acceptance or otherwise of the tender or on expiry of the validityperiod whichever is earlier.In case of the successful tenderer, it will be refunded on his paying the initialsecurity deposit and completing the tender documents or will be transferred towards apart of security deposit to be paid after awarding of the work. If successful tendererdoes not pay the security deposit in the prescribed time limit and complete theagreement bond, his earnest money deposit will be forfeited to the Government.2.5 Earnest money of the un-successful tenderers will be refunded on theirapplication only after an intimation of rejection of their tender is sent to them or on theexpiry of the validity period whichever is earlier.3.0 TENDERING PROCEDURE3.1 Blank Tender FormsTender Forms can be downloaded from the eTendering Portal of Public WorksDepartment, Government of Maharashtra i.e. http//:pwd.maharashtra.etenders.inafter entering the details of payment towards Tender Fees as per the TenderSchedule.Signature of Contractor No. of Corrections Executive Engineer