NAME OF PACKAGE: “Supply, installation and Commissioning of wireless communication system in Paddle feeders and Stacker/Reclaimer
Stge-1 & 2 CHP area at NTPC Kahalgaon”
ii. f Bid Security (EMD) in Original of any agency is not received in a sealed envelope, their
id shall not be opened. If the EMD amount submitted by any agency is less than the
stipulated EMD, their offer shall be rejected.
iii. EMD may be furnished in any of the following forms:
a) For EMD amount of any value:
Pay Order / Cross Demand Draft / Banker’s Cheque in favor of NTPC Limited and
drawn preferably on SBI, NTPC Barh Campus, Barh (IFSC Code- SBIN0010085).
b) In case EMD amount is >Rs 50,000.00 then, besides above :
Bank Guarantee (BG) from a Nationalized Bank / other banks (as per NTPC approved
list) also will be acceptable. Format of BG against Bid Security and List of Banks for
Bid Security are attached as Annexure-I and VII respectively. BG should be
unconditional and irrevocable and should be valid for a period of 45 days beyond
the bid validity period. The Bank Guarantee Verification Check List duly filled in as
per format attached as Annexure-V has to be submitted in this regard. Bidder shall
ensure that all the points of check list are replied in “Yes”.
-Payment by Credit Card/Debit card/Net Banking on the NTPC e-tender portal. (Note:
pon successful E-payment on the portal, an e-receipt shall be issued to the bidder by
he system, a copy of which is to be submitted by the bidder with the bid as document
owards e-payment of EMD).
c) The Bid Security of all the unsuccessful Bidders will be returned after award of the Job.
d) The id Security shall be orfeited in any of the following circumstances by the Owner
without any notice or proof of damage to the Owner:
(i) If the Bidder withdraws or varies its Bid during the period of Bid validity specified by
the Bidder in the Bid Proposal.
(ii) 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.
(iii) 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withdrawn, without any cost implication whatsoever to employer, failing which the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.
(iv) 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.
(v) 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.
(vi) If the bidder / their representative commit any fraud while competing for this
contract pursuant to Fraud prevention policy of NTPC.
e) No interest shall be payable by NTPC on the Bid Security.