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Appendix – I<br />

Format for Bank Guarantee for Performance Security (For individual work)<br />

BANK GUARANTEE <strong>FOR</strong> PER<strong>FOR</strong>MANCE SECURITY<br />

To,<br />

Managing Director,<br />

National Highwa1 and Infrastructure Development Corporation ltd.<br />

PTI Building, 3' Floor,<br />

4, Parliament Street<br />

New Delhi - 110001<br />

In consideration of "National Highway and Infrastructure Development Corporation ltd. "<br />

(hereinafter referred as the "Client", which expression shall, unless repugnant to the context or<br />

meaning thereof include its successors, administrators and assigns) having awarded to MIs<br />

................................................................................ h a vi n g its o f f i c e a t ................<br />

(Hereinafter referred to as the "Consultant" which expression shall repugnant to the context or<br />

meaning thereof, include its successors, administrators, executors and assigns), a contract by<br />

issue of client's Contract Agreement no. / Letter of Award No. dated<br />

........................ and the same having been unequivocally accepted by the Consultant, resulting in<br />

a Contract valued at Rs ................ /- (Rupees.... .......................... ) excluding service tax for

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