Common use of EMD Clause in Contracts

EMD. 6.1.1 Bidders shall furnish EMD of the amounts as mentioned in Section III Data Sheet except Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Department or Startups as recognized by Department of Industrial Policy & Promotion (DIPP) on submission of a valid registration certificate as per the Government of India rules. EMD for the amount mentioned above shall be deposited to IWAI Fund through RTGS in the following account: i.) Name of Bank Account: IWAI FUND ii.) Bank Name and Address Union Bank of India, Sector 15, Noida iii.) Bank Account Number 513202050000007

Appears in 2 contracts

Sources: Tender Agreement, Tender Agreement

EMD. 6.1.1 Bidders shall furnish EMD of the amounts amount as mentioned in Section III Data Sheet except Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Department or Startups Start- ups as recognized by By Department for Promotion of Industrial Policy & Promotion and Internal Trade (DIPPDPIIT) on submission of a valid registration certificate as per the Government of India rules. EMD for the amount mentioned above shall be deposited to IWAI Fund through RTGS in the following account: i.) Name of Bank Account: IWAI FUND ii.) Bank Name and Address Union Bank of India, Sector 15, Noida iii.) Bank Account Number 513202050000007

Appears in 1 contract

Sources: Tender Agreement

EMD. 6.1.1 Bidders shall furnish EMD of the amounts as mentioned in Section III Data Sheet except Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Department or Startups as recognized by Department of Industrial Policy & Promotion (DIPP) on submission of a valid registration certificate as per the Government of India rules. In case of a JV, the EMD shall be furnished by the Lead Member. EMD for the amount mentioned above shall be deposited to IWAI Fund through RTGS in the following account: i.) Name of Bank Account: IWAI FUND ii.) Bank Name and Address Union Bank of India, Sector 15, Noida iii.) Bank Account Number 513202050000007

Appears in 1 contract

Sources: Tender Agreement