GMDC definition
Examples of GMDC in a sentence
In case of any doubt they may contact Sr. Manager (Civil) at the head office of the GMDC at Ahmedabad.
After study of the prevailing conditions of the contract under execution, committee may recommend to Fore Close the contract keeping in view the financial implication to both the GMDC and Contractor.
The said Committee will look into the reasons/causes and analyse the conditions as to whether the work awarded is feasible to continue with the existing terms and conditions of the contract or any other available option or to Fore Close the contract in the interest of both the GMDC and the Contractor.
Decision of GMDC for Fore Closure of the contract on the recommendations of the committee shall be final and binding to the Contractor.
It shall be at the discretion of the GMDC to reject, damaged or spoiled material, if so noticed.
The Bidder shall also furnish a copy of such statements as documentary proof to the GMDC.
The decision of GMDC in respect of acceptance or rejection of the quality of the work shall be binding to the contractor and no further correspondence in this regard shall be entertained by GMDC.
During the execution of work, if any property of GMDC is damaged then estimated repair cost + 20 % of the same shall be recovered from contractor.
GMDC reserves the right to split the work between more than one bidder.
Validity of the offer submitted by the bidder shall be of 180 days from the date of opening of the Price Bid and if required by the GMDC, the Bidder will have to extend the validity of price bid unconditionally for a further period of 30 days.