PROCUREMENT

ASD(V), A/C NO: 10405828102, SBI, IFSC CODE: SBIN0007113, Naval Dockyard Visakhapatnam.PBG:-(a) PBG Should, before 17 Months from the date of work order.(b) PBG to be submitted within 30 days from the placement of, work order.(c) As per DPM - 2025 para 6.28.3, in the event of the seller’s failure to submit the BGs the Buyer may, deduct from the Seller as agreed, a sum of 0.5% of the value of the BG for every week or part thereof of delay, asLD. EMD:-(a) EMD is to be submitted in the form of demand draft (DD & Physical Copy of the same may be, submitted to the concerned user department.(b) EMD is to be submitted in the favour of ASD Visakhapatnam, (Asd Public Fund)