WHEREAS. [name and address of Contractor] (hereinafter called "the Contractor") has undertaken, in pursuance of Work Order No. Tender No. DOK/SW/RATNAGIRI/GCRT/2020-21/04 for works _ , dated 2021 to design, manufacture, supply, installation, testing and commissioning with five years comprehensive maintenance contract of Grid Connected Solar Photo Voltaic (SP V) Power Plant 14kWp (Cumulative Capacity) under / with net metering at various establishment by ADO Zilla Parishad Ratnagiri Dist Ratnagiri, Maharashtra. (hereinafter referred to as the contract of works) and as described in the Bidding Data in Maharashtra State for works under single point responsibility “Turnkey Contracts” basis (hereinafter called "the Contract"); AND
WHEREAS it has been stipulated by you in the said Contract that the Contractor shall furnish you with a Bank Guarantee by a recognized bank for the sum specified therein as security for compliance with his obligation in accordance with the Contract; AND
WHEREAS we have agreed to give the Contractor such a Bank Guarantee;