TENDER DOCUMENT FOR SUPPLY INSTALLATION & COMMISSIONING OF DAIRY EQUIPMENTS

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endorse any of the terms and conditions relating to the said agreement/purchase order
and we shall not be relieved from our liability by reason of any such variation of
extension or for any forbearance, act or omission on the part of the SANGH or any
indulgence by the SANGH to the said supplier(s) or by any such matter or thing
whatsoever which under the law relating to sureties would but for this provision have
effect of so relieving us.
5. We _________________ (Name of the Bank) lastly undertake not to revoke this
guarantee during its currency except with the previous consent of the SANGH in
writing.
6. Notwithstanding anything stated above our liability under this guarantee is restricted
to Rs.________________(Rupees __________________________ only). Our
guarantee shall remain in force until unless a suit or an action to enforce a claim under
this guarantee is filed against us before that date, i.e. on or before ____________ all
your rights under the said guarantee shall be forfeited and we shall be released and
discharged from all liability thereunder.
The Bank agrees that the amount hereby guaranteed shall be due and payable to the
SANGH on SANGH‟s serving a notice requiring the payment of the amount and such
notice shall be served on the Bank either by actual delivery thereof to the Bank or by
despatch thereof to the Bank by registered post at the address of the said Bank. Any
notice sent to the Bank at its address by Registered Post shall be deemed to have been
duly served on the Bank notwithstanding that the notice may not in fact have been
delivered.
NOTWITHSTANDING – anything contained herein :
1) Our liability under this Bank Guarantee shall not exceed
Rs.____________(Rupees______________________________________only).
2) This Bank Guarantee shall be valid upto _________________ and,
3) We are liable to pay the guaranteed amount under this Bank Guarantee only and
only if you serve upon us a written claim or demand in the manner specified
above on or before ______________.
7. Notwithstanding anything stated above the Bank Guarantee shall be discharged by the
SANGH once the advance amount released against the Bank Guarantee along with
interest or penalty if any payable on such advance has been fully recovered/adjusted.
Place :
Date :
Signature & Seal
(Signed & sealed by the tenderer
in token of acceptance of above)
(RCDF)
Jaipur