Page 7 of 8 Signature & Seal of the Bidder
ENVELOPE - I
(Techno - Commercial Bid)
Shall be opened at 15.00 hours on the day set for
submission of Bids.
The date of opening of Price Bids shall be intimated
separately to the qualified bidders.
9. Earnest Money Deposit :-
A. The EMD offered shall, at bidders option, be in the form of (i) Demand Draft / Pay
Order / Banker’s Cheque in favour of ‘NTECL’ payable at Chennai or (ii) an
unconditional and irrevocable Bank Guarantee (BG) from any of the banks specified in
the bidding documents. The format of Bank Guarantee towards bid security shall be in
accordance with the ‘Proforma for BG’ included in the bidding documents. While
getting the Bank Guarantee issued, Bidders are requested to ensure compliance to the
points mentioned in Bank Guarantee Verification Check List in the bidding documents.
Bidders are required to fill up this check list and enclose the same along with the bank
guarantee. EMD for an amount less than or equal to Rs.50,000/- shall not be accepted
in the form of bank guarantee. EMD shall not be accepted in any other form.
B. The bid security/earnest Money deposit (EMD) shall be kept valid and operative for a
period of 225 days from the date set for opening of tenders (180 days BG validity
period + 45 days claim period). During the validity period the tenderer agrees not to
vary, alter or revoke his tender either in whole or in part. If the tenderer, however, fails
to keep his tender valid for above period, the Owner shall be entitled to encash the
EMD amount without any notice or proof of damage.
C. Any Bid not accompanied by an acceptable Bid Security or Valid EMD Exemption
Certificate / Document shall be rejected as being Non Responsive and returned to the
Bidder without being opened.
D. EMD / Tender Fees Exemption:
MSME registered with District Industries Centre/s or Khadi and Village Industries
Commission or Khadi and Village Industries Board or Coir Board or Udyog Aadhaar or
National Small Industries Corporation or Directorate of Handicrafts and Handloom or
any other body specified by Ministry of Micro, Small and Medium Enterprises as per
MSME Act 2006, for goods produced and services rendered, shall be issued the
bidding documents free of cost and shall be exempted from paying Earnest Money
Deposit.
The benefit as above to MSMEs shall be available only for goods / services produced
& provided by MSEs for which they are registered.
MSMEs seeking exemption and benefits should enclose an attested / self certified copy
of valid registration certificate, giving details such as validity, stores/ services etc.
failing which they run the risk of their bid being passed over as ineligible for the
benefits applicable to MSMEs.
10. The Price Bid’s of only those Bidders shall be opened who meets the Qualifying
Requirements.
11.The Bidder or duly authorized representative/s of the Bidder/s, who are present during Bid
opening shall sign in the Bid opening register.