Securities. 52.1 The Performance Security shall be provided to the Employer no later than the date specified in the Letter of Acceptance and shall be issued in an amount and form and by a bank or surety acceptable to the Employer, and denominated in Indian Rupees. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate of completion.
Appears in 47 contracts
Samples: nahep.icar.gov.in, nahep.icar.gov.in, Guru Nanak
Securities. 52.1 The Performance Security shall be provided to the Employer no later than the date specified in the Letter of Acceptance and shall be issued in an amount and form and by a bank or surety acceptable to the Employer, and denominated in Indian Rupees. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate Certificate of completionCompletion in the case of a Bank Guarantee.
Appears in 4 contracts
Samples: Construction Draft Agreement, Articles of Agreement, sicom.nic.in
Securities. 52.1 The Performance Security (including additional security for unbalanced bids) shall be provided to the Employer no later than the date specified in the Letter of Acceptance and shall be issued in an amount and form and by a bank or surety acceptable to the Employer, and denominated in Indian Rupees. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate of completion.
Appears in 3 contracts
Samples: www.mpwrd.gov.in, www.mpwrd.gov.in, www.mpwrd.gov.in
Securities. 52.1 The Performance Security performance security (including additional security for unbalanced bids) shall be provided to the Employer no later than the date specified in the Letter letter of Acceptance acceptance and shall be issued in an amount and form and by a bank Bank or surety acceptable to the Employer, Employer and denominated in Indian RupeesRupee. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional performance security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate of completioncompensation.
Appears in 2 contracts
Samples: Tender Agreement, Agreement
Securities. 52.1 The Performance Security shall be provided to the Employer no later than the date specified in the Letter of Acceptance and shall be issued in an amount and form and by a bank or surety acceptable to the Employer, and denominated in Indian Rupees. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate of completion. The performance security of a joint venture shall be in the name of the joint venture.
Appears in 1 contract
Samples: Public Works Dpartment
Securities. 52.1 47.1 The Performance Security shall be provided to the Employer no later than the date specified in the Letter of Acceptance and shall be issued in an amount and form and by a bank or surety acceptable to the Employer, and denominated in Indian Rupees. The Performance Security shall be valid until a date 28 days from the date of expiry of Defects Liability Period and the additional security for unbalanced bids shall be valid until a date 28 days from the date of issue of the certificate of completion. The performance security of a joint venture shall be in the name of the joint venture.
Appears in 1 contract
Samples: gmc.assam.gov.in