Performance Security Deposit. The successful tenderer will have to deposit a Performance Security of 10% of total annual cost of the work by way of Bank draft / Bank Guarantee of scheduled bank in favor of Director BMHRC as per the prescribed format attached as Annexure -G payble at Bhopal valid for 60 days after the termination of contract.
Appears in 2 contracts
Sources: Annual Pest Control Services Contract, Annual Pest Control Services Contract