Common use of Xxxxxxx Money Deposit (EMD) / Bid Security Clause in Contracts

Xxxxxxx Money Deposit (EMD) / Bid Security. 2.7.1 The Tenderer shall provide EMD of ₹85,000/- through NEFT/DD to “Reserve Bank of India, Chennai” by credit to A/c No. 186003001, IFSC RBIS0CNPA01. The Bid Security shall be in form of a NEFT/DD. No interest on Bid Security/EMD shall be paid. 2.7.2 Bids not accompanied by EMD, shall be treated as non-responsive, and will be summarily rejected by the RBI. 2.7.3 The EMD of unsuccessful Bidders shall be discharged/returned by RBI after award of work to successful bidder.

Xxxxxxx Money Deposit (EMD) / Bid Security. 2.7.1 The Tenderer shall provide EMD of ₹85,000/- through NEFT/DD to “Reserve Bank of IndiaRs. Rs.19,000/- by NEFT paid by NEFT- RBI, Chennai” by credit to A/c No. 186003001c.No.-186003001, IFSC RBIS0CNPA01Code: RBIS0CNPA01 (5th & 10th digit is zero) 2.8.1 Please mention UTR transection details while applying. The Bid Security shall (EMD will be in form of a NEFT/DD. No interest on Bid Security/EMD shall be paid.taken only from successful bidder only) 2.7.2 2.8.2 Bids not accompanied by EMD, shall be treated as non-responsive, and will be summarily rejected by the RBI. 2.7.3 2.8.3 The EMD of unsuccessful Bidders shall be discharged/returned by RBI after award of work to successful bidder.

Xxxxxxx Money Deposit (EMD) / Bid Security. 2.7.1 2.8.1 The Tenderer shall provide EMD of ₹85,000/- ₹ 25,621/- through NEFT/DD NEFT to “Reserve Bank of India, ChennaiGuwahati” by credit to the A/c No. 186003001- 8692299, IFSC RBIS0CNPA01– RBIS0GWPA01. The Bid Security shall be in form of a NEFT/DD. No interest on Bid Security/EMD shall be paid. 2.7.2 2.8.2 Bids not accompanied by EMD, shall be treated as non-responsive, and will be summarily rejected by the RBI. 2.7.3 2.8.3 The EMD of unsuccessful Bidders shall be discharged/returned by RBI after award of work to successful bidder.

Xxxxxxx Money Deposit (EMD) / Bid Security. 2.7.1 2.8.1 The Tenderer shall provide EMD of ₹85,000/- 6,24,000/- through NEFT/DD NEFT to “Reserve Bank of India, Chennai” by credit to A/c No. 186003001, IFSC RBIS0CNPA01. The Bid Security shall be in form of a NEFT/RTGS/DD. No interest on Bid Security/EMD shall be paid. 2.7.2 2.8.2 Bids not accompanied by EMD, shall be treated as non-responsive, and will be summarily rejected by the RBI. 2.7.3 2.8.3 The EMD of unsuccessful Bidders shall be discharged/returned by RBI after award of work to successful bidder.