Additional Security Deposit. The additional security deposit (ASD) will be applicable when a rebate of more than 12 % with no maximum limit. The ASD is calculated as follows: Additional security deposit = (X/100) x office estimated cost, Where X=percentage rebate quoted above 12% The ASD shall be paid online in the ASD tab for bidders in e-Tendering system before submission of the bid.
Appears in 6 contracts
Samples: Maintenance Agreement, Maintenance Agreement, Maintenance Agreement
Additional Security Deposit. The additional security deposit (ASD) will be applicable when a rebate of more than of 12 % at the rate of with no maximum limit. The ASD is calculated as follows: Additional security deposit = (X/100) x office estimated cost, Where X=percentage rebate quoted above 12% The ASD shall be paid online in the ASD tab for bidders in e-Tendering tendering system before submission of the bid.
Appears in 1 contract
Samples: E Tender for Biannual Works Contract
Additional Security Deposit. The additional security deposit (ASD) will be applicable when a rebate of more than 12 % with no maximum limit. The ASD is calculated as follows: Additional security deposit = (X/100) x office estimated cost, Where X=percentage rebate quoted above 12% The ASD shall be paid online in the ASD tab for bidders in e-Tendering e- tendering system before submission of the bid.
Appears in 1 contract
Samples: Maintenance Agreement
