Earnest Money Deposit (EMD) definition

Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC
Earnest Money Deposit (EMD) means the deposit made in the form and manner specified in the NIT by the participating bidder towards bid security.
Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a Bidder along with its tender.

Examples of Earnest Money Deposit (EMD) in a sentence

  • In case the tenderer fails to observe/comply with this stipulation, the full Earnest Money Deposit (EMD) shall be forfeited and other penal actions due shall be taken against partners of the JV and the JV.

  • In case the tenderer fails to observe/comply with this stipulation, the full Earnest Money Deposit (EMD) shall be forfeited.

  • MSEs registered with the agencies for the item/s tendered will be exempted from payment of Earnest Money Deposit (EMD).

  • The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded.

  • Else, its/their Earnest Money Deposit (EMD) will be forfeited without any prejudice by the Tender inviting authority.


More Definitions of Earnest Money Deposit (EMD)

Earnest Money Deposit (EMD) means Bid Security/ monetary amount or financial guarantee to be furnished by a bidder along with its bid.
Earnest Money Deposit (EMD) means Security furnished by the Bidder.
Earnest Money Deposit (EMD) means a specified amount to be deposited by each Bidder with Authority in accordance with Clause 2.20.
Earnest Money Deposit (EMD) means the amount to be deposited by the Bidders with the Bid as per clause 1.1 of Section I.
Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.(vi) “Contract” means the written agreement entered into between the purchaser and/or consignee and the supplier, together with all the documents mentioned therein and including all attachments, annexure etc. therein.
Earnest Money Deposit (EMD) or "Bond" shall mean bid bond, performance bond, and/or payment bond and other instruments of security furnished by the Bidder/Proposer and/or Contractor and its Surety in accordance with this Solicitation Document and/or the Contract Documents.
Earnest Money Deposit (EMD) means a specified amount to be deposited by each Bidder with Authority in accordance with Clause 2.19 of this RFP.