NIT document definition
Examples of NIT document in a sentence
The vendor agrees that in case the authorized distributor having the credentiality prescribed in the NIT document is entrusted to receive order and payment is also liable to deposit Performance Bank guarantee @ 1% of the assessed base rate of requirement for the item subject to a minimum of 5,000/- and maximum of Rs 1,00,000/- per item.
The contractor shall provide necessary support and execute any infrastructure required in releasing of new connection for which all the material (except metering equipment) will be provided by the contractor on the same rates as per the award of original project with the price variation applicable on DTs and cables as per the formulas given in the NIT document.
However, in case of replacement of any existing Distribution Transformer or any other item which are not installed by the contractor, the same shall be replaced by the contractor and in those cases the cost shall be borne by the ▇▇▇▇▇ on the same rates as per the award of original project with the price variation applicable on DTs and cables as per the formulas given in the NIT document.
In case of a scenario during the O&M period when some equipment gets damaged by natural causes such as flood, earthquake, storm etc or accidents by vehicles etc which are beyond the scope of warranty, then in those cases the cost of the replacement of that equipment shall be borne by the MCG/HUDA on the same rates as per the award of original project with the price variation applicable on Poles and luminaires as per the formulas given in the NIT document.
However, in case of replacement of any existing Street lighting system or any other item which are not installed by the contractor, the same shall be replaced by the contractor and in those cases the cost shall be borne by the MCG/HUDA on the same rates as per the award of original project with the price variation applicable Poles and Luminaire per the formulas given in the NIT document.
Any material required for the above work shall be provided by the contractor on the same rates as per the award of original project with the price variation applicable on DTs and cables as per the formulas given in the NIT document.
Operations, management and maintenance along with 3.0 meters of surrounding area from all side of Canteen as per the terms and conditions stipulated in Schedule F, Part D (B) of NIT document and as per the submitted presentation during presentation round (Annexure III) of tender process.
The license permits the Licensee to start activities listed in Schedule F, Part D (B) of NIT document.
In case of a scenario during the O&M period when some equipment gets damaged by natural causes such as flood, earthquake, storm etc or accidents by vehicles etc which are beyond the scope of warranty, then in those cases the cost of the replacement of that equipment shall be borne by the ▇▇▇▇▇ on the same rates as per the award of original project with the price variation applicable on DTs and cables as per the formulas given in the NIT document.
The information contained in this Notice Inviting e-Tender (NIT) document or information provided subsequently to the bidder(s) or applicants whether verbally or in documentary form by or on behalf of Bank of India (Bank), is provided to the bidder(s) on the terms and conditions set out in this NIT document and all other terms and conditions subject to which such information is provided.