BARMER LIGNITE MINING COMPANY LIMITED (NIT No – BLMCL/MD/JPR/15-16/001 dated 07/04/2015) Tender for Construction of Bhojanshala Page 1 of 20 Office of the Associate Vice President, Barmer Lignite Mining Company Limited, B-13, 14, RIICO Industrial Area Opposite Rajasthan State ware House Barmer – 344 001 Cost of Tender Document: Rs. 500/- Contact Person at Barmer: Mr. Amrendra Kumar AVP (Operations) Mobile: +91 8094005350 Phone: +91-2982-221049 Fax: +91-2982-223659 E-mail: blmcl@blmcl.in Contact Person at Jaipur: Mr. Nitesh Gangwal Company Secretary Mobile: +91 9983320648 Phone : +91-141-2369772 Fax : +91-141-2369774 E-mail: company.secretary@blmcl.in Page 2 of 20 Ref: BLMCL/MD/JPR/15-16/001 Date: 07-04-2015 Introduction Barmer Lignite Mining Company Limited (BLMCL), a company incorporated under Companies Act, 1956, as a step in the direction of upliftment and growth of the community, has been performing various Activities around Kapurdi – Jalipa Lignite Projects and within District of Barmer, as part of its Corporate Social Responsibility (CSR). The Company presently, as part of CSR is providing Medical & Health facilities, Education, Potable Water, etc. in the surrounding areas of Kapurdi and Jalipa Lignite Blocks. The Company is also taking steps for preservation of the Environment and contributing towards the Development of community infrastructure in various ways. The Company, with a view to contributing towards the upliftment of handicapped, blind, deaf and physically & mentally challenged children has allied itself with Society to uplift Rural Economy (SURE), an NGO which is running a residential school for such children in Barmer. “SURE” has requested BLMCL to provide help & assistance to them by way of construction of a Bhojansala at their premises at Barmer. BLMCL has agreed to this request and decided to provide such assistance to “SURE” for the benefit of handicapped, blind, deaf and physically & mentally challenged children. The company is therefore looking for reputed Civil Contractors having vast knowledge, experience and credibility in Construction of Civil Buildings at the School run by “SURE” at Barmer, Rajasthan. In this regard, sealed bids are invited from the reputed Civil Contractors having vast knowledge, experience and credibility in Construction of Civil Buildings. The Bhojansala is to be constructed at Society to Uplift Rural Economy (SURE), Post Box No. 29, Gurudwara Road, Barmer, Rajasthan. Page 3 of 20 Brief details of the tender are as under: S. No. Name of work EMD (Rs.) Completion time 1. Construction of Bhojanshala as per BOQ mentioned in Annexure – A. 80,000 90 Days Tender document can be collected from the office of undersigned or from Jaipur Office at Office No. 2 & 3, 7th Floor, Man Upasana Plaza, C-44, Sardar Patel Marg, C-Scheme, Jaipur – 302001 on payment of Rs. 500/- only (Non-refundable) through Demand Draft in favor of Barmer Lignite Mining Company Limited payable at Jaipur, on any working day from 07-Apr-2015 to 05-May-2015 during office hours from 9.30 AM to 6.00 PM. Bid documents is also available to prospective bidders on portal http://blmcl.in/tenders.shtml for viewing and downloading. The bidders downloading the bid from the portal will be required to deposit a bank draft of Rs. 500/- drawn in favour of Barmer Lignite Mining Company Limited payable at Jaipur. The bidders, in their own interest are requested to read very carefully the bid document before submitting their bid up to the time & date as specified below. Bids would be submitted at our Jaipur Office, 2 & 3, 7 th Floor, Man Upasana Plaza, C-44, Sardar Patel Marg, C-Scheme, Jaipur - 302001. The bids will be received up to 3.30 PM of 06-May-2015 and opened on same day at 4.00 PM in the Jaipur Office. The Earnest Money Deposit should be deposited in the form of Bank draft drawn in favour of Barmer Lignite Mining Company Limited payable at Jaipur along with submission of Qualification Bid. Any offer, not accompanied with EMD will be summarily rejected. Bid should be submitted in two parts i.e. Envelop-I & Envelop-II duly super-scribed with NIT Nos. Envelop-I shall contain the Qualification Bid (without price bid) along with other documents as mentioned hereinbelow while Envelop-II shall contain only the Price Bid. Both envelops shall further be enclosed in a single Envelop which will be super scribed with name and address of tenderer, tender number and with date of opening. Earnest Money Deposit: The Earnest Money of Rs.80000/- to be deposited shall not carry any interest and shall be refunded to those bidders who do not qualify, after opening of price bid. For the successful Bidder, Earnest Money Deposit, unless otherwise adjusted or appropriated in accordance with the terms hereof, shall be returned after completion of one year from the date of successful commissioning of the project. Page 4 of 20 Contents and Submission of Bids: Envelop No. I shall contain the following: 1. EMD 2. Copy of registration certificate with State/ Central Govt. 3. Attested copy of the articles of association/proprietary Certificate/partnership deed as applicable 4. Photo copy of power of Attorney/Board Resolution authorizing the person to represent the contractor. 5. Sales tax Registration Certificate/ TIN No. 6. Service tax Registration certificate 7. Copy of PAN and latest income tax return. 8. Certificate of un-conditionality of the Bid (As per Annexure – C on the letter head of the bidder) 9. Proof of Experience as per the Bidder’s Qualification criteria mentioned below. The bidder shall enclose the copies of earlier Work Orders, Completion Certificates, and Bill Copies etc. 10. In case of downloading of tender from BLMCL portal, a bank draft of Rs. 500.00 drawn in favour of Barmer Lignite Mining Company Limited payable at Jaipur. Envelope II shall contain the Price Bid only. Price bid should be submitted in the proforma enclosed as Annexure-B. Bidder’s Qualification Criteria: The bidder must have in its own name successfully completed similar civil construction work of buildings during last 3 years. Eligibility should be either of the following: (a) Three civil building construction works each valuing not less than Rs. 15.00 Lacs. OR (b) Two civil building constructions works each valuing not less than Rs. 25.00 Lacs. Page 5 of 20 Other Instructions to the Bidders: 1. All document enclosed in Part/Envelope-I must be legible, duly stamped with their company/ firm seal and signed properly by the person authorized by the contractor for submission of the bid. 2. Design and BOQ of the proposed work are given in Annexure–A. 3. Price Bids will be considered only in the prescribed form. 4. Bids not submitted in the prescribed format will be summarily rejected. Also, bidders should refrain from providing the information which is not relevant. 5. All the communication / correspondence including the bid document Part/Envelope–I (Qualification Bid) & Part/ Envelope –II (Price Bid) must be signed and stamped on each page by the designated authorized representative of the bidder failing which the bid will be summarily rejected. 6. BLMCL reserves the complete right to accept or reject all the offers without assigning any reasons whatsoever. 7. No further discussion / interaction will be held with the bidders whose bids have been disqualified / rejected by BLMCL. 8. In case, any dispute arises with regard to interpretation of any of the terms of this document, the bids submitted or documents submitted with the bid; the decision of the Managing Director, BLMCL will be final and binding upon the bidders. 9. Interested bidders may obtain further information from the office of the Associate Vice President, BLMCL, Barmer or from Jaipur Office of BLMCL, on any working day from 07-Apr-2015 to 05-May-2015 between 9.30AM to 6.00PM. 10. Bid shall be kept valid for 90 days from the last date of submission of the bid. Bid with validity for shorter period shall be liable for rejection. The bid shall be a non-conditional bid and a certificate to the effect for unconditional validity of the Bid in the form prescribed in Annexure-C shall be signed and submitted along with the Qualification bid. 11. The bidder shall ensure that bid is furnished / submitted strictly in the prescribed manner. 12. Part/ Envelope-II, only of such bidders who qualify after opening of Part/Envelope –I bids shall be opened. Part/ Envelope -II of bidders, who do not qualify after opening of Part/ Envelope-I, shall not be opened under any circumstances and will not be returned to the bidder(s). Page 6 of 20 13. The Price Bid shall be inclusive of all applicable taxes, duties and/or any other government levy that may be attracted in the work of construction of Bhojansala. Page 7 of 20 CONTRACT TERMS Effective Date of Contract: Time is the essence of the contact and the effective date of contract shall be the date of placing of the Work/Purchase Order by BLMCL. Scope of Work: Construction of Bhojanshala as per BOQ mentioned in Annexure-A Terms of Payment: No advance shall be paid. Monthly running Bills shall be raised by the Contractor after obtaining certification of Acceptance from the representative authorized by BLMCL for this purpose. The payment against the running Bill shall be made up to 75% of the total executed work, duly certified by the BLMCL authorized representative (after deduction of income tax, Works Contract tax, other deductible taxes & duties and 10% of contract value towards retention money wherever applicable) within 30 days of submission of the duly certified Bill and balance may be paid after completion and handover of the project. Retention Money / Performance Bank Guarantee: 10% of the total contract value shall be retained from the Bill by BLMCL against warranty for construction/ installation defects. The retention money shall be released after one year of successful commissioning of the project. Alternatively, the contractor may submit a Performance Bank Guarantee from a Bank acceptable to BLMCL, valid for a period of one year from the date of successful commissioning of the Project, equivalent to an amount of 10% of the contract value, in the form prescribed at Annexure-D. In case such Bank Guarantee is furnished, the retention amount shall be released by BLMCL. Duties and Taxes: All prevalent and future taxes, duties & other government levies shall be to the contractors account. Liquidated Damages for Delay: If the contractor fails to complete the work to the entire satisfaction of BLMCL within 90 days from the effective date (or any such further period as may be Page 8 of 20 permitted by BLMCL) due to reasons attributable to the Contractor, Liquidated Damages equivalent to 0.5% of the contract price per week of delay or part thereof (subject to a maximum of 5% of contract value) shall be levied, not by way of penalty, but being a genuine pre-estimate of the loss occasioned by such delay. The recovery of Liquidated Damages shall be made by making a deduction from any of the amounts due or payable or refundable to the Contractor by BLMCL. Risk Purchase: Time shall be the essence of the contract and if at any stage BLMCL is of the opinion that delay is taking place or is likely to take place in the Construction of Bhojanshala, BLMCL, without prejudice to any other right available to it, shall be at liberty to have the work performed from another agency entirely at the risk, cost and expenses (including incidental expenses) of the Contractor. This shall be done by BLMCL at a negotiated rate and any extra expenditure incurred on this account by BLMCL shall be recovered from the Contractor. The recovery may be made, inter-alia from the EMD. Indemnity: The contractor shall indemnify and hold harmless BLMCL and its employees and officers from and against any suits, actions, administrative proceedings, claims, demands, losses, damages, costs and expenses of whatsoever nature, including attorney’s fees and expenses, which BLMCL may suffer or incur as a result of any breach of obligations; or any other action(s) by the contractor or its employees in relation to the work. Insurance: Insurance of material during transit from manufacturer/ supplier to site and during period of installation and commissioning shall be the responsibility of the Contractor and the cost of the same shall be borne by the Contractor. Any liability/loss of material due to theft etc. during the period of contract till successful completion of the project shall entirely be the Contractor’s responsibility. Compliance of Applicable Laws: The Contractor shall comply with the provisions of all applicable Laws, governmental guidelines and directions including the provisions of The Minimum Wages Act, The Workmen Compensation Act during execution of the contract and shall be responsible for obtaining any license, registration or other approval that may be required in connection with the Contract. Page 9 of 20 No sub-contracting: The Contractor shall not appoint a sub-contractor to perform the obligations under the Contract, either in whole or in part, without the prior written consent of BLMCL. Arbitration: In the event of any dispute(s)/difference(s)/claim(s) arising between the Contractor and BLMCL relating to or arising out of the various terms, conditions and obligations set forth in this Contract, the same shall be referred for adjudication to a Sole Arbitrator to be appointed by the MD, BLMCL. The Contractor expressly waives its right to question the appointment of the sole arbitrator on the ground that the Appointing Authority is the MD of BLMCL. The venue of arbitration shall be Jaipur. Jurisdiction: The competent court of Jaipur alone shall have exclusive jurisdiction to entertain any application pertaining to the Arbitration proceedings in relation to this Contract. For Barmer Lignite Mining Company Limited (Amrendra Kumar) AVP (Operations) Barmer Lignite Mining Company Limited B-13, 14, RIICO Industrial Area Opposite Rajasthan State ware House Barmer – 344 001 Rajasthan Page 10 of 20 Annexure – A CONSTRUCTION OF TWO DINING HALLS & ONE KITCHEN S. No. Particulars of Item 1. Foundation to Plinth level Earth work in excavation of foundation trenches or drain including dressing of sides and ramming of bottoms, lift up to 1.5 mtr. Including taking out the excavated soil and depositing and refilling of jhiri with watering & ramming and disposal of surplus excavated soil as directed with in a lead of 50 mtr. All kinds of soil earth work 2. P & L in position cement concert including curing, compaction etc. complete in specified grade excluding the cost of centering and shuttering. All work up to plinth level. Cement concert for foundation 1:4:8 (1 cement : 4 coarse sand: 8 graded stone aggregate 40mm nominal size). Cast-in Situ 3. R R Stone masonry for foundation and plinth in cement sand mortar above 30 cm thick wall in: Cement Mortar 1:6 (1 cement : 6 sand). General Stone Masonry Work 4. P & L Reinforced cement concert work in walls (any thickness) including attached pilasters, buttresses, plinth and string courses, fillets, columns, pillars, piers, abutments, posts and struts etc. up to floor three level including curing, compaction, finishing with rendering in cement sand mortar 1:3 (1 cement: 3 coarse sand) and making good the joints excluding cost of centering shuttering and reinforcement: RCC work for DPC M 15 1:2:4 (1 cement: 2 coarse sand: 4 graded stone aggregate 20mm nominal size) Cast-in-Situ Reinforced Concrete 5. Centering & Shuttering with plywood or steel sheets including strutting, propping bracing both ways with wooden members and removal of formwork for foundation in basement rafts, footing, strap beams, bases of columns, etc. up to plinth level. Centering & Shuttering with steel sheets for DPC Shuttering 6. P & F reinforcement for RCC work including straightening, cutting, bending, placing in position and binding (including cost of binding wire) all complete up to floor three level: Thermo mechanically Treated bars TMT (TATA, SAIL) for RCC work for DPC Steel Reinforcement 7. Super Structure works for Ground floor R R Stone masonry in hard stone for superstructure above plinth level one story height above 30 cm in Cement Mortar 1:6 (1 cement : 6 sand). General Stone Masonry Work 8. P & L Reinforced cement concert work in walls (any thickness) including attached pilasters, buttresses, plinth and string courses, fillets, columns, pillars, piers, Page 11 of 20 Quantity/Unit 144.00 Cum 19.84 Cum 98.62 Cum 8.00 Cum 31.80 Sqm 895.00 Kgs 130.85 Cum 9.00 Cum S. No. 9. 10. 11. 12. 13. 14. Particulars of Item abutments, posts and struts etc. up to floor three level including curing, compaction, finishing with rendering in cement sand mortar 1:3 (1 cement: 3 coarse sand) and making good the joints excluding cost of centering shuttering and reinforcement: RCC work for Lintel Bend M-15 1:2:4 (1 cement: 2 coarse sand: 4 graded stone aggregate 20mm nominal size) Cast-in-Situ Reinforced Concrete. Centering & Shuttering with plywood or steel sheets including strutting, propping bracing both ways with wooden members and removal of formwork for superstructure up to 4.5mtr. Above plinth, for suspended floors, roofs landings staircase. Balconies, girders, cantilevers, bands, coping bed plates, anchor blocks, sills, chhajjas, lintel, beam etc. Centering & Shuttering with steel sheets for Lintel Shuttering P & F reinforcement for RCC work including straightening, cutting, bending, placing in position and binding (including cost of binding wire) all complete up to floor three level Thermo mechanically Treated bars TMT (TATA, SAIL) for RCC work for Lintel Level Steel Reinforcement Roofing works for Ground floor P & L RCC work in beams, suspended floors, roofs, girders having slopes up to 15°, landings, balconies, shelves, chhajjas, lintels, bands, plain windows sills, staircase and spiral staircases up to floor three level including curing, compaction, finishing with rendering in cement sand mortar 1:3 and making good the joints excluding cost of centering shuttering and reinforcement for roofing work with 1:1.5:3 (1 cement: 1.5 coarse sand: 3 graded stone aggregate 20 mm nominal size). RCC Roofing work up to 4.5 m. ht. above plinth level Cast-inSitu Reinforced Concrete. Centering & Shuttering with plywood or steel sheets including strutting, propping bracing both ways with wooden members and removal of formwork for superstructure up to 4.5mtr. Above plinth, for suspended floors, roofs landings staircase, balconies, girders, cantilevers, bands, coping bed plates, anchor blocks, sills, chhajjas, lintel, beam etc. for Roof with steel sheets shuttering. P & F reinforcement for RCC work including straightening, cutting, bending, placing in position and binding (including cost of binding wire) all complete up to floor three level : Thermo mechanically Treated bars TMT (TATA, SAIL) for RCC work for roof steel reinforcement. Plaster on new surface on wall in cement sand mortar 1:3 including raking of joints etc. complete fine finish 25 mm Page 12 of 20 Quantity/Unit 31.80 Sqm 930.00 kgs 48.84 Cum 320.00 Sqm 5484.00 Kgs 1324.95 Sqm S. No. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. Particulars of Item thick in CSM 1.3 cement plaster. Flooring works P & L in position cement concert including curing compaction etc. complete in specified grad excluding the cost of centering and shuttering for 1:4:8 (1 cement 4 coarse sand : 8 graded stone aggregate 40 mm nominal size) Cast-in-Situ Marble stone flooring table rubbed , 18-20 mm thick over 20 mm (Av.) thick base of CM 1:4 (1-cement : 4 coarse sand) jointing with white cement mortar 1:2 (1 white cement : 2 - marble dust) with pigment to match the shade of the marble slab including grinding, rubbing and polishing complete. White marble of Makrana having light spots and streaks, Adanga, with green shadow and Panther, Andhi Pista and Jhiri with lndo-Italian and baldevgarh & Banswara etc. (Makrana Superior quality having light spots) flooring work. Pointing on stone masonry in csm 1:3 Deep grooved Extra for facing as per design and detailed specifications including additional cost of stones Course rubble facing Second Sort. Providing and fixing 20mm thick plain cement concrete roofing tiles over roofs fixed in cement mortar 1:4 P&L glazed tiles pieces for roof treatment having colour and shade as approved by the engineer in charge over 20mm thick under layer of cement mortar mix 1:4 with application of cement slurry incl. finishing of joints with white cement and pigment matching the shade curing etc. complete in all respect. P&F rigid PVC Pipe (IS: 4985 mark) class 11(4 Kg. 1Cm.) approved quality /make including joining the pipe with solvent cement rubber ring and lubricant 110mm dia Grading roof water proofing treatment with: Cement concrete 1:2:4 (1-Cement:2-coarse sand :4-graded stone aggregate 20mm nominal size). Providing and fixing T-iron frames for doors, windows and ventilators of mild steel Tee-sections, joints mitred and welded with 15x3 mm lugs 10 Cm. long embedded in cement concrete blocks l5xlOxlO Cm. of 1:3:6 (1Cement:3-coarse sand:6-graded stone aggregate 20mm nominal size) or with wooden plugs and screws or rawl plugs and screws or with fixing clips or with bolts and nuts as required including fixing of necessary butt. Providing & fixing steel glazed doors, windows and ventilators shutters of standard rolled steel section joint mitred and welded with steel l3x3mm lugs 10 Cm. long embedded in cement concrete blocks 15x10x10 Cm of 1:3:6 (1-Cement:3-coarse sand:6-graded stone aggregate 20 mm nominal size) or with wooden plug and screws or Page 13 of 20 Quantity/Unit 45.54 Cum 308.00 Sqm 189.00 Sqm 340.22 Sqm 320.00 Sqm 320.00 Sqm 28.00 RM 16.00 Cum 72.00 Kg 23.04 Sqm S. No. 25. 26. 27. 28. 29. 30. 31. Particulars of Item rawl plugs and screws or with fixing clips or with bolts and nuts as required, including providing and fixing of plain glass panes 4mm thick with copper glazing clips and special metal-sash putty of approved make, or metal beading with screws complete including priming coat of approved steel primer, excluding the cost of metal beading and other fittings except necessary hinges of pivots steel handles and peg stay etc. as required. Windows side hug Supplying and fixing fixed wire gauge of 14 mesh x 24 gauge to the metal frame of rolled section by metal beading 2Ox3rnm with suitable screw at not exceeding 150 mm distance. Providing and fixing Square bars or other flat welded to window, ventilators etc. Providing and fixing external grade board solid core single leaf flush door shutters ISI 2202-67 marked using Phenol formal, dehydreresin in glue both sides with approved steel fittings complete as per Annexure 'A' 40 mm thick shutter. Painting with enamel paint of approved brand and manufacture to give an even shade: Two or more coats on new work. Supplying and fixing stone liri in CM 1:4 work facing with proper projection and chisel dressing of edges of stone two line dressing of building corners, jambs etc. including uniform joints using aluminum square section of size 12 mm to 15 mm as per requirement of course and width of stone not less than 12 Cm., with requisite humber headers (minimum length of stone 0.9 M) 6 cm. to 9 Cm. thick. Add extra for 7 to 10cm. thick courses. Add extra for Sanitary, water supply and Electrical installation work for whole building (Material as per ISI specification) Modular kitchen & furniture (Standard Quality – ISI Specification) Quantity/Unit 23.04 Sqm 210.00 Kg 16.80 Sqm 145.80 Sqm 155.64 Sqm LS LS Note: The contractor should submit details & drawing of modular kitchen & furniture. Page 14 of 20 Page 15 of 20 Annexure–B Price Bid (On the letter head of the bidder) The price bid will be quoted as below and will be enclosed in Envelop – II: Tender No: BLMCL/MD/JPR/15-16/001 Dated 07-Apr-2015 Name of Contractor/Bidder:______________________________________________ Address of Contractor/Bidder: ____________________________________________ Contact No. of Contractor/Bidder: _________________________________________ Email Id of Contractor/Bidder: ____________________________________________ Sl. No. 1. Quoted price (Rs.) Description Construction of Bhojanshala mentioned in Annexure – A. as per BOQ Note: Amount quoted to be inclusive of all prevalent and future taxes, duties & other government levies Signature of Bidder / Authorized Representative with Seal Page 16 of 20 Annexure-C UNCONDITIONAL ACCEPTANCE (On the letter head of the bidder) We............................................ (Name of Contractor/Bidder) undertake to unconditionally submit our offer for the cited Tender Enquiry. We undertake to fully abide by the terms and conditions of the tender document. Signature of Bidder / Authorized Representative with Seal Page 17 of 20 Annexure-D PERFORMANCE BANK GUARANTEE Irrevocable Bank Guarantee No. _____________ Date: _______________________ With reference to Contract No. ___________________________Dated ____________(herein referred to as the Contract) between ______________, INDIA, (hereinafter referred to as the Purchaser) and __________, having its registered office at ____________________, India (hereinafter referred to as the Seller). We the undersigned bank, ____________________, India. (herein after referred to as Guarantor) an Indian nationalized bank at the request of the Seller, hereby open this irrevocable Guarantee No ______________, in favour of the Purchaser to the extent of Currency INR. ______________/- (Rupees _______________________ only) (the ‘Guarantee Amount’) payable at Jaipur. By this guarantee, we, ______________, India, (Bank name & address) hereby irrevocably and unconditionally guarantee and bind ourself, our successors and assign to pay to the Purchaser, its successors without recourse, notwithstanding any objection by the Seller, an amount up to INR._________/- (Rupees ________________________ only) immediately, without any right of set off or counterclaim and without demur or protest, and not withstanding any difference between the Purchaser and the Seller or any dispute or disputes raised/pending before any court, tribunal, arbitrator or any authority, on receipt of a letter signed by the representative of the Purchaser stating that the Seller has failed to fulfill his obligation in accordance with the terms of the Contract. The decision of the Purchaser whether or not the Seller has committed breach of the Contract shall be final, conclusive and binding upon the Guarantor and shall not under any circumstances whatsoever be questioned by the Guarantor. Any demand for payment under this Guarantee shall be made on the Guarantor by the Purchaser in writing at _______________ (Bank name & address), India and shall be deemed to have been sufficiently made by the Purchaser if the writing containing the demand is sent to the Guarantor by registered post or courier to the address as aforesaid or sent to the Guarantor by hand delivery at such address and written acknowledgement obtained of such delivery. The obligations of the Guarantor hereunder are direct, immediate, primary obligations and liabilities and these obligations are absolute and unconditional. The Guarantor’s obligation to pay the guaranteed obligations under this Guarantee shall immediately arise upon the Purchaser demanding the payment of the monies by a notice in writing given to the Guarantor, requiring it to pay the guaranteed obligations. Any notice of demand for payment received by the bank from the purchaser within ___________ shall be considered and will be binding on the bank. Page 18 of 20 As between the Guarantor and the Purchaser (but without affecting the Sellers’ obligations) the Guarantor shall be liable under this Guarantee as if it were the sole principal debtor. The Guarantor’s liability hereunder shall not be discharged nor shall its liability be affected by: Any time, indulgence, waiver or consent at any time given by Purchaser to the Seller; or Any amendment to the Contract; or The making or the absence of any demand by the Purchaser on the Seller or any other person for payment; or The enforcement or absence of enforcement of the Contract or of any security or indemnity. The illegality, invalidity or unenforceability of or any defect in any provision of the Contract or of any of the Sellers obligations thereunder; or The dissolution, amalgamation, reconstruction or reorganization or appointment of any Administrative Receiver of the Seller or the Guarantor. The Guarantor agrees and confirms that its obligation to make payment to Purchaser on demand hereunder and discharge of such obligation shall not be delayed or avoided by reason of any act or omission on the part of Purchaser. The Guarantor’s liability under this Deed of Guarantee is restricted to a sum of INR.______________/- (Rupees ___________________ only). We, the Guarantor, further undertake to extend the validity period of this Guarantee for any time or from time to time. In the event we fail to extend the validity period of this Guarantee for any reason, then we shall unconditionally accept the request for extension by the Purchaser as notice of invoking the Guarantee. We the Guarantor agree that the Purchaser shall be entitled at their option to enforce this guarantee against us as a principal debtor, in the first instance notwithstanding any other security or guarantee that it may have in relation to the Seller’s liabilities. The Guarantor agrees that the Courts at Jaipur alone shall have the exclusive jurisdiction in relation to any default under this Guarantee. We the Guarantor hereby agree not to revoke this guarantee or reduce the amount during its currency except with the previous consent in writing of the Purchaser. The Guarantor hereby declares that it has the power to issue this guarantee and the undersigned has full power to do so. This Guarantee shall be returned to the Guarantor within ________ after the validity date as mentioned below. If the Guarantor does not receive the bank guarantee within ________ after the validity date as mentioned below, it shall be deemed to be automatically cancelled. Page 19 of 20 Notwithstanding anything contained herein before, the Guarantor’s maximum liability under this guarantee shall in no event exceed in aggregate Rs.__________/(Rupees ___________________________ only) valid up to ___________ and is conditional upon claim being served up on us on or before _________ in writing failing which your right under the guarantee shall be forfeited and we shall be relieved and discharged of all our liabilities. Date this______ day of ______________, 20_____ Page 20 of 20
© Copyright 2024