Examples of Executing Agency in a sentence
The Executing Agency will evaluate and compare only the bids determined to be technically responsive in accordance with Clause 22.
Work performed as prime contractor, work performed in the past as a nominated sub- contractor duly approved by Executing Agency will also be considered, provided further that all other qualification criteria are satisfied (in the same name) on works of a similar nature during the last Five years to qualify as per ITB.
The technically responsive bidders’ names, the Bid prices, the total amount of each bid and such other details as the Executing Agency may consider appropriate will be announced by the Executing Agency at the time of bid opening.
The bidder who’s Bid has been accepted will be notified of the award by the Executing Agency.
The performance security shall be either in the form of a Bank Guarantee in the name of the Executing Agency, from a Bank as per the details specified below or can be submitted by online mode directly into the NHIDCL’s bank account as per Annexure-HBank Guarantee shall be accepted from Public Sector Banks or Scheduled Private Sector Banks having Net Worth of Rs. 1,000/- Crores or more as per latest annual report of the bank.