Common use of Tender Fee Clause in Contracts

Tender Fee. Tender Fee, if applicable, will be acceptable in the form of ‘crossed payee accounts only’ Bank Drafts/Banker’s Cheque [in favor of ▇▇▇▇ (India) Limited payable at place mentioned in BDS]. The Tender Fee is to be submitted as per Clause No. 2.0 (F) & 4.0 of IFB. A Bid without requisite Tender Fee will be ignored straightaway.

Appears in 2 contracts

Sources: E Tender Document, Tender Agreement