Common use of EMD Payment Clause in Contracts

EMD Payment. The bidder shall be required to submit the Xxxxxxx Money Deposit (EMD) for an amount of Rs. 60,000/- (Rupees Sixty Thousand Only) by way of demand drafts or Bank Guarantee only. The demand drafts shall be drawn in favour of “All India Institute of Medical Sciences, Jodhpur”. The demand drafts or Bank Guarantee for xxxxxxx money deposit must delivered to the AIIMS, Jodhpur on or before bid closing date/time (submitted only in Dispatch/Received section). The EMD of the successful bidder shall be returned after the successful submission of Bank Guarantee/ Security Deposit and for unsuccessful bidder(s) it would be returned after award of the contract. Bid(s) received without demand drafts of EMD will be rejected.  Tenderer shall not be permitted to withdraw his offer or modify the terms and conditions thereof. In case the tenderer fail to observe and comply with stipulation made herein or backs out after quoting the rates, the aforesaid amount of xxxxxxx money will be forfeited.  The Firm who are registered with National Small Industries Corporation (NSIC) / OR Small Scale Industries (SSI) are exempted to submit the EMD (Copy of registration must be provide along with technical bid)  The EMD, in case of unsuccessful Bidders shall be retained by AIIMS, Jodhpur till the finalization of the tender. No interest will be payable by AIIMS, Jodhpur on the EMD.

EMD Payment. The bidder shall be required to submit the Xxxxxxx Money Deposit (EMD) for an amount of Rs. 60,000/- 50,000/- (Rupees Sixty Fifty Thousand Only) by way of demand drafts or Bank Guarantee only. The demand drafts shall be drawn in favour of “All India Institute of Medical Sciences, Jodhpur”. The demand drafts or Bank Guarantee for xxxxxxx money deposit must delivered to the AIIMS, Jodhpur on or before bid closing date/time (submitted only in Dispatch/Received section)time. The EMD of the successful bidder shall be returned after the successful submission of Bank Guarantee/ Security Deposit and for unsuccessful bidder(s) it would be returned after award of the contract. Bid(s) received without demand drafts of EMD will be rejected.  Tenderer shall not be permitted to withdraw his offer or modify the terms and conditions thereof. In case the tenderer fail to observe and comply with stipulation made herein or backs out after quoting the rates, the aforesaid amount of xxxxxxx money will be forfeited.  The Firm who are registered with National Small Industries Corporation (NSIC) / OR Small Scale Industries (SSI) are exempted to submit the EMD (Copy of registration must be provide along with technical bid)  The EMD, in case of unsuccessful Bidders shall be retained by AIIMS, Jodhpur till the finalization of the tender. No interest will be payable by AIIMS, Jodhpur on the EMD.

EMD Payment. The bidder shall be required to submit the Xxxxxxx Money Deposit (EMD) for an amount of Rs. 60,000/- (Rupees Sixty Thousand Only) by way of demand drafts or Bank Guarantee only. The demand drafts shall be drawn in favour of “All India Institute of Medical Sciences, JodhpurGorakhpur”. The demand drafts or Bank Guarantee for xxxxxxx money deposit must delivered to the AIIMS, Jodhpur Gorakhpur on or before bid closing date/time (submitted only in Dispatch/Received section). The EMD of the successful bidder shall be returned after the successful submission of Bank Guarantee/ Security Deposit and for unsuccessful bidder(s) it would be returned after award of the contract. Bid(s) received without demand drafts of EMD will be rejected.  • Tenderer shall not be permitted to withdraw his offer or modify the terms and conditions thereof. In case the tenderer fail to observe and comply with stipulation made herein or backs out after quoting the rates, the aforesaid amount of xxxxxxx money will be forfeited.  • The Firm who are registered with National Small Industries Corporation (NSIC) / OR Small Scale Industries (SSI) are exempted to submit the EMD (Copy of registration must be provide along with technical bid)  • The EMD, in case of unsuccessful Bidders shall be retained by AIIMS, Jodhpur Gorakhpur till the finalization of the tender. No interest will be payable by AIIMS, Jodhpur Gorakhpur on the EMD.

EMD Payment. The bidder shall be required to submit the Xxxxxxx Money Deposit (EMD) for an amount of Rs. 60,000/- 1,50,000/- (Rupees Sixty One Lakh Fifty Thousand Only) by way of demand drafts or Bank Guarantee only. The demand drafts shall be drawn in favour of “All India Institute of Medical Sciences, JodhpurGorakhpur”. The demand drafts or Bank Guarantee for xxxxxxx money deposit must delivered to the AIIMS, Jodhpur Gorakhpur on or before bid closing date/time (submitted only in Dispatch/Received section). The EMD of the successful bidder shall be returned after the successful submission of Bank Guarantee/ Security Deposit and for unsuccessful bidder(s) it would be returned after award of the contract. Bid(s) received without demand drafts of EMD will be rejected.  Tenderer shall not be permitted to withdraw his offer or modify the terms and conditions thereof. In case the tenderer fail to observe and comply with stipulation made herein or backs out after quoting the rates, the aforesaid amount of xxxxxxx money will be forfeited.  The Firm who are registered with National Small Industries Corporation (NSIC) / OR Small Scale Industries (SSI) are exempted to submit the EMD (Copy of registration must be provide along with technical bid)  The EMD, in case of unsuccessful Bidders shall be retained by AIIMS, Jodhpur Gorakhpur till the finalization of the tender. No interest will be payable by AIIMS, Jodhpur Gorakhpur on the EMD.