TENDER FOR REPLACEMENT OF SHEET ROOFING WITH GALVALUME SHEET ROOFING AT NAGPUR LPG PLANT

EARNEST MONEY DEPOSIT: Applicable The tenderer shall be required to submit along with this quotation, a Bank Draft in Favour of Bharat Petroleum Corporation Ltd. For a sum equivalent to 3% of the total tendered value of works as earnest money deposit, subject to a minimum of '5,000/- and a maximum of ’1,00,000/. The earnest money deposit shall be returned to the unsuccessful tenderer(s) within one month after due date for opening of the tender. The earnest money deposit of the successful tenderer will be retained till the commencement of the work. Thereafter the tenderer may opt to adjust the earnest money deposit against security deposit as a money deposit or request return of the earnest money deposit. No interest will be payable on earnest money deposit. EMD should reach Nagpur LPG Plant on or before the due date/time of closing of the tender. EMD received after the due date/time will not be considered. SECURITY DEPOSIT : The successful tenderer, before commencement of the work, shall have to provide to the company, by way of security, a money deposit or a Bank Guarantee in the standard format provided by the Company for an amount equivalent to 3% of the total tendered value of the works. DD should be payable at " BHARAT PETROLEUM CORPORATION LIMITED, NAGPUR "