Common use of NOTICE INVITING TENDER Clause in Contracts

NOTICE INVITING TENDER. Sealed Tenders in two bid system, technical bid and online price bid (i.e. E- tendering), are invited from reputed, established and financially sound Operations & Maintenance Contractors for ‘Annual Operation & Maintenance contract for Electrical, Civil, Plumbing & Carpentry works at SBI - Staff Colony, Nerul & 177 flats at NRI Colony, Seawoods Name of Work Annual Operation & Maintenance for Electrical, Civil, Plumbing & Carpentry works at SBI - Staff Colony, Nerul & 177 flats at NRI Colony, Seawoods Issuing of Tenders to Bidders Will be available at Bank’s website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ [OR] ▇▇▇.▇▇▇.▇▇.▇▇ (procurement news) Validity of Tender offers 90 days from the date of opening ▇▇▇▇▇▇▇ Money Deposit Rs 74,000/- (Rupees Seventy Four thousand only) by way of Bank Draft or Pay Order, payable at Mumbai / Navi Mumbai in favor of “SBIIMS, GITC, Circle office, CBD Belapur”, should accompany the Tender, without which, the Tenders are liable to be rejected. EMD of unsuccessful bidder will be released within 60 days from the date of opening bid. Security Deposit The successful Bidder shall have to submit the Initial Security Deposit in the form of Bank guarantee from any commercial /nationalised Bank for the amounts to be paid equivalent to three months contract value. This amount has to be submitted to the SBI within 15 days of the receipt of the work order. No interest shall be payable on the Initial Security Deposit and ▇▇▇▇▇▇▇ Money Deposit. This shall be treated as Total Security Deposit and shall be retained by the Bank for contract period. Commencement of works Within 15 days (Mobilization period) from the date of Work Order. If the Contractor delays by more than 15 days over and above the specified time, the Bank is at the liberty to terminate the contract without giving any notice. Cost of tender documents The Tender Documents along with BOQ can be downloaded from Bank’s website viz. ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ [OR] ▇▇▇.▇▇▇.▇▇.▇▇ (procurement news) and the tender processing fee of Rs. 5000/- to be deposited through SB collect with Tender ID no. GIT201903020 The receipt should be enclosed along with the Technical Bid towards the cost of tender processing fee. The tender documents without cost of tender processing fee shall be rejected. Contract Period 01(one) year (The contract may be renewed at same terms and conditions for a further period of one more year, at the discretion of the SBIIMS/SBI) (A) Business rules for E-tendering: 1. Only empaneled contractors with SBIIMS ▇▇▇.▇▇▇. under appropriate category who are invited by the project Architect/SBIIMS shall only be eligible to participate.

NOTICE INVITING TENDER. Wax Sealed Tenders envelopes in two bid system, technical Technical bid and online price bid (i.e. E- tendering), are invited from reputed, established and financially sound Operations Horticulture & Garden maintenance contractors for “Horticulture Work & Annual Maintenance Contractors Contract for ‘Annual Operation & Maintenance contract for ElectricalGardens, Civilgreen areas, Plumbing & Carpentry works lawns, etc at SBI - Staff Residential Colony, Nerul & 177 flats at NRI Colony(East), Seawoods Navi Mumbai” Name of work Horticulture Work & Annual Operation & Maintenance Contract for ElectricalGardens, Civilgreen areas, Plumbing & Carpentry works lawns, etc at SBI - Staff Residential Colony, Nerul & 177 flats at NRI Colony(East), Seawoods Navi Mumbai Issuing of Tenders to Bidders Will be available at Bank’s websiteour website : ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ [OR] ▇▇▇.▇▇▇.▇▇.▇▇ (under procurement news) Validity of Tender offers 90 days from the date of opening of Price Bid. ▇▇▇▇▇▇▇ Money Deposit Rs 74,000/- Rs. 40,000/- (Rupees Seventy Four Rs. Fourty thousand only) Rs by way of Bank Draft or Pay Order, payable at Mumbai / Navi Mumbai in favor of “SBIIMS, GITC, Circle office, CBD Belapur”, should accompany the Tender, without which, the Tenders are liable to be rejected. EMD of unsuccessful bidder will be released within 60 days from the date of opening bid. Security Deposit The successful Bidder bidder shall have to submit the Initial Security Deposit in for the form amount of Bank three month's contract value or bank guarantee from any scheduled commercial /nationalised Bank for the amounts to be paid equivalent to three months contract value. This amount has to be submitted to the SBI bank/ letter of comfort from any branch of SBI, within 15 days of from the receipt of the work order. No interest shall be payable on the Initial Security Deposit and ▇▇▇▇▇▇▇ Money Deposit. This shall EMD of successful bidder will be treated as Total adjusted in Security Deposit and shall be retained by returned if bidder wants to furnish bank guarantee/ Letter of comfort, instead of Fixed Deposit as Security Deposit. Security Deposit will be returned after 60 days from the Bank for contract periodcompletion of all contractual obligation (without any interest) subject to satisfactory performance and after return of all the items, which may have been issued to the contractor. Commencement of works Within 15 days (Mobilization mobilization period) from the date of Work Order. If the Contractor delays by more than 15 days over and & above the specified time, the Bank is at the liberty to terminate the contract without giving any notice. Cost of tender documents The Tender Documents along with BOQ can be downloaded from Bank’s website viz. ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ [OR] ▇▇▇.▇▇▇.▇▇.▇▇ (procurement news) and the tender processing fee of Rs. 5000/- to be deposited through SB collect with Tender ID no. GIT201903020 The receipt should be enclosed along with the Technical Bid towards the cost of tender processing fee. The tender documents without cost of tender processing fee shall be rejected. Contract Period 01(one01 (one) year (The year. After initial contract period of one year, the contract may be renewed at twice on same terms and & conditions for a further period of one 1 year each time, with an escalation of 5% p.a. However, in case increase in minimum wages/allowance is more yearthan 5%, such increase may be considered, on the wages component only, with 5% increase in consumables/other components, at the discretion of the SBIIMS/SBI) (A) Business rules for E-tendering: 1Bank. Only empaneled contractors with SBIIMS ▇▇▇.▇▇▇Defect Liability period During the currency of contract. under appropriate category who are invited by the project Architect/SBIIMS shall only be eligible to participate.S AMPLE BUSINESS RULE DOCUMENT