earnest money deposit(EMD). Application along with a copy of Valid NSIC certificate/
Micro & small enterprises(MSEs) certificate to be submitted to NTPC Barh, within
Schedule for exemption of EMD.
f. Govt. notification from time to time regarding exemption of EMD will be applicable
for this tender.
g. In case of any doubt on eligibility of such exemption/concession, bidder may get
clarification from NTPC official before submission of his bid.
h. The Bid Security of all the unsuccessful Bidders will be returned after award of the Job.
i. The Bid Security shall be forfeited in any of the following circumstances by the Owner
without any notice or proof of damage to the Owner:
ii.If the Bidder withdraws or varies its Bid during the period of Bid validity specified by the
Bidder in the Bid Proposal.
iii.In case the Bidder does not accept the corrections towards the discrepancies in their bid,
where ever the breakup of prices have been asked separately.
iv.If any deviation, variation or additional condition etc found anywhere in our technical
and / or / Price Bid implicit or explicit, shall stand unconditionally withdrawn, without
any cost implication whatsoever to employer, failing which the bid security shall be
forfeited.
v.In the case of a successful bidder, if the bidder fails within the specified time limit to
furnish the acceptance of Letter of Award / Purchase Order.
vi.In the case of successful Bidder, if the Bidder fails, within the time limit, to furnish the
required Contract Performance Guarantee in case the same is required as per conditions
of the P.O / LOA.
vii.If the bidder / their representative commit any fraud while competing for this contract
pursuant to Fraud prevention policy of NTPC.
f. No interest shall be payable by NTPC on the Bid Security.
g. ANY BID NOT ACCOMPANIED BY A BID SECURITY IN A SEPARATE
SEALED ENVELOPE, SHALL BE REJECTED BY THE EMPLOYER AS BEING
NON RESPONSIVE AND RETURNED TO THE BIDDER WITHOUT BEING
OPENED.
ONLINE-
EMD can be submitted online also through NTPC payment portal(for details pl go
through online EMD manual in login page )
16. No Deviation Certificate:
No deviation, whatsoever, is permitted by the Owner to any provisions of bidding
Documents.
The acceptance of above is an attribute of the on line Bid Invitation and the Bidders are
required to confirm acceptance of Compliance to All Provisions of Bidding Documents
(NIL Deviation Certificate) on line as per format enclosed placed in Schedules and
formats section. Only after acceptance of the above condition the bidder shall be allowed