Examples of KILA in a sentence
If the successful tenderer fails to deposit the security and execute the agreement as stated above, the earnest money deposited by him will be forfeited to KILA, and the contract arranged elsewhere at the defaulter's risk and any loss incurred by KILA on account of the purchase will be recovered from the defaulter who will, however, not be entitled to any gain accruing thereby.
Letters of guarantee in the prescribed form for the amount of security from an approved Bank will also be considered enough at the discretion of KILA.
KILA reserve the right to reject offers for import of goods if the import trade control policy in force at the time of award of the contract prohibits or restricts such imports.
The same may also be deducted from any other sum which may be due at any time from KILA to the contractor.
Any sum of money due and payable to the successful tenderer or contractor from KILA shall be adjusted against any sum of money due to KILA from him under any other contracts.
Any attempt on the part of the tenderers or their agents to influence the Director, KILA in their favour by personal canvassing with the Officers concerned will disqualify the tenderers.
The security deposit shall subject to the conditions specified herein, be returned to the contractor within three months after the expiration of the contract, but in the event of any dispute arising between the KILA and the contractor the Director, shall be entitled to deduct out of the deposits or the balance thereof, until such dispute is determined, the amount of such damages, costs, charges and expenses as may be claimed.
The Organizer allows participantss’ staff and construction workers to bring their own food which is stored at room temperature into the Expo site, and partici- pantss shall be held responsible for any food safety issues that may arise.
The final acceptance of the tender rests entirely with the KILA who do not bind themselves to accept the lowest or any tender.
The amount may be paid by demand drafts (crossed) drawn in favour of Director, KILA, Thrissur payable at Thrissur.