
Repair/Maint Of Geysers And Solar Water Heatrs Including Certain Minor Works Under Ge Sevoke Road
Normally contractors whose names are on the MES approved list for the area in which the work lies and within whose financial category the estimated amount would fall may tender, but in case of term contracts, contractors of categories ‘S’ and ‘A’ to E’ may tender. In case, where the tendered amount is in excess of the financial category, whether or not the estimated amount was within financial category of the contractor, the Accepting Officer reserves the right to accept the tender in which event the tenderer would be required to lodge additional security deposit as notified by the Accepting Officer in terms of conditions of contract. Contractors whose names are on the MES approved list of any MES formation and who have deposited standing Security and have executed Standing Security Bond may tender without depositing Earnest Money along with the tender and if the Accepting Officer proposes to accept the tender such tenderers should be required to deposit security deposit as notified by the Accepting Officer, within 30 days of receipt by him of notification of acceptance of his tender, failing which this sum shall be recovered from the first RAR payment. One firm or contractor shall submit not more than one tender. Under no circumstances will a father and his sons or other close relations who have business dealing with one another be allowed to tender for the same contract as separate competitors. A breach of this condition will render the tenders of both parties liable for rejection.
For More Information Pls.Go Through Below Attached Documents…
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