REVAMP OF EARTHING SYSTEM IN LINE WITH OISD REQUIREMENT FOR FEW EARTHPITS AT NAJIBABAD DEPOT

1. Retention money equivalent to 3% of the total value of the work or services done will be retained for a minimum period of six months from the date of bill of that call off. However, the tenderer can submit the bank guarantee of an equivalent amount in lieu of retention money as per BPCL format. Vendor to opt for Retention money Or PBG as per their choice. 2. All the Scope of work to be executed as mentioned with tender with time schedule. 3.No part payment shall be made to vendor for partial completion of job. Payment to vendor shall be made after completion of work as per tender terms.