CA NO : CE (P) VIJAYAK/ /2012-13 Serial Page No : 01 ... - Bro.nic.in
CA NO : CE (P) VIJAYAK/ /2012-13 Serial Page No : 01 ... - Bro.nic.in
CA NO : CE (P) VIJAYAK/ /2012-13 Serial Page No : 01 ... - Bro.nic.in
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<strong>CA</strong> <strong>NO</strong>: <strong>CE</strong> (P) <strong>VIJAYAK</strong>/ /<strong>2<strong>01</strong>2</strong>-<strong>13</strong> <strong>Serial</strong> <strong>Page</strong> <strong>No</strong> : 77TENDER <strong>NO</strong>: <strong>CE</strong> (P) <strong>VIJAYAK</strong>/46/ 2<strong>01</strong>1-<strong>2<strong>01</strong>2</strong>FORM OF BANK GUARANTEE(To be stamped <strong>in</strong> accordance with the Stamp Act of India)Bank Guarantee <strong>No</strong>. ___________________Date of issue _________________________To :HeadquartersProject VijayakC/O 56 APOThe Chief Eng<strong>in</strong>eerWHEREAS …………..(Name and address of Contractor) (here<strong>in</strong>after called “the Contractor”) hasundertaken, <strong>in</strong> pursuance of contract <strong>No</strong>. …………………dated…………… to execute the……………….(Name of work) . AND WHEREAS it has been stipulated <strong>in</strong> the said Contract that the Contractor shallfurnish you with a bank guarantee by a recognized bank for the sum specified here<strong>in</strong> as security forcompliance with his obligations <strong>in</strong> accordance with the contract <strong>in</strong> lieu of cash deposits held byyou…………………..AND WHEREAS we have agreed to give the Contractor such a bank guarantee.<strong>NO</strong>W THEREFORE we hereby affirm that we are the guarantor and responsible to you, on behalf of thecontractor upto a total of …...……..(amount of guarantee)………………………………………….………………………………(<strong>in</strong> words), such sum be<strong>in</strong>g payable <strong>in</strong> Indian Rupees, and we herebyunconditionally, irrevocably and without demur undertake to immediately pay you, upon your first ‘writtendemand’ and without cavil or argument any sum or sums with<strong>in</strong> the limits of …………………(amount ofguarantee) as aforesaid without your need<strong>in</strong>g to prove or to show grounds or reasons for your demandfor the sum specified there<strong>in</strong>.We hereby waive the necessity of your demand<strong>in</strong>g the said debt from the contractor before present<strong>in</strong>g uswith the demand.We further agree that no change or addition to or other modification of the terms of the contract or of theworks to be performed there under or of any of the contract documents which may be made between youand the contractor shall <strong>in</strong> any way release us from any liability under the guarantee and we herebywaive notice of any such change, addition or modification.This guarantee shall be valid for 24 months from the date of commencement of the work. The tendency ofany dispute or arbitration or other proceed<strong>in</strong>g shall not affect this guarantee <strong>in</strong> any manner.SIGNATURE AND SEAL OF THE GUARANTORNAME OF BANKADDRESSNAME OF OFFICIALAND HIS DESIGNATION
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