Common use of XXXXXXX MONEY DEPOSIT (EMD) Clause in Contracts

XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- (Rupees One Lakh Only) in the form of Demand Draft drawn in favour of Deputy General Manager (B&O), State Bank of India, Administrative Office, Jabalpur payable at Jabalpur. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- Rs.10,000/- (Rupees One Lakh Ten Thousand Only) in the form of Demand Draft / Banker’s Cheque / Pay Order drawn in favour of Deputy General Manager (B&O)SBI Infra Management Solutions Pvt. Ltd., State Bank of India, Administrative Office, Jabalpur payable at JabalpurMumbai. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 1 contract

Samples: bank.sbi

XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- 53,000.00/- (Rupees One Lakh Fifty Three Thousand Only) in the form of Demand Draft drawn in favour of Deputy General The Chief Manager (B&OHR), State Bank of India, Administrative Officeoffice , Jabalpur Raipur payable at JabalpurRaipur. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 1 contract

Samples: Agreement

XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- 2,00,000/- (Rupees One Two Lakh Only) in the form of Demand Draft drawn in favour of Deputy General Manager (B&O)The Regional Manager, State Bank of India, Administrative OfficeRegional Business Office – 1, Jabalpur payable at Jabalpur. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 1 contract

Samples: sbi.co.in

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XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- 50,000/- (Rupees One Lakh Fifty Thousand Only) in the form of Demand Draft drawn in favour of Deputy General Manager (B&O), State Bank of India, Administrative Office, Jabalpur payable at Jabalpur. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 1 contract

Samples: Agreement

XXXXXXX MONEY DEPOSIT (EMD). The tenderer shall furnish EMD of Rs. 1,00,000/- 2,00,000/- (Rupees One Two Lakh Only) in the form of Demand Draft drawn in favour of Deputy General Manager (B&O)The Regional Manager, State Bank of India, Administrative OfficeRegional Business Office – 5, Jabalpur Sagar payable at JabalpurSagar. No tender shall be considered unless the EMD is so deposited in the required form along with the tender. No interest shall be paid on EMD. The EMD of the unsuccessful tenderer shall be returned within 30 days without interest after the decision to award the work is taken. All compensation or other sums of money payable by the contractor to the Employer under the terms of this contract may be deducted from the Xxxxxxx Money Deposit if the amount so permits or from any sums payable to the contractor and the contractor within ten days after such deductions shall make good the amount so deducted.

Appears in 1 contract

Samples: Agreement

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