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

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” would be returned within seven days of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall be forfeited by the Employer in the following events: i. If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. If the Bidder tries to influence the evaluation process. iii. If the lowest Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreement, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. iv. In case the Bidder, submits false certificate in terms of any documents supported to this Tender. v. If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. vi. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. vii. If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. viii. In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. ix. In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” would be returned within seven days of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall be forfeited by the Employer in the following events: i. (i) If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. (ii. ) If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. . If the Bidder tries to influence the evaluation process. (iii. ) If the lowest Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreement, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. (iv. ) In case the Bidder, submits false certificate in terms of any documents supported to this Tender. v. (v) If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. (vi. ) In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. (vii. ) If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. (viii. ) In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. (ix. ) In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders shall furnish EMD are required to submit Xxxxxxx Money Deposit (EMD) in favour of MG ASC, HQ EASTERN COMMAND, FORTWILLIAM, KOLKATA for amount equivalent to one percent (1%) of the amount as mentioned in Section III: Bid Data Sheet. However, Micro estimated contract value and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents will be rounded off to the extent as per nearest hundred. The EMD may be submitted in the Government form of India notifications in this regardan Account Payee Demand Draft, Fixed Deposit Receipt, and Banker’s Cheque. EMD is to remain valid for a period of forty-five days beyond the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 final bid validity period. The EMD of those Bidders whose Financial Bids have all tenderer will be retained till finalization of deliberations by the Panel of Officers (including invitation offer), if any. Thereafter, EMD of only L1 tenderer will be retained. EMD of successful tenderer. Xxxxxxx money of a successful tenderer will be refunded as soon as the security deposit has been opened but are not selected furnished unless it is used as “successful Bidder” would be returned within seven days a part of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 security deposit . The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall will be forfeited by if the Employer bidder withdraws or amends, impairs or derogates from the tender in the following events: i. If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during respect within the validity period of their tender. Tenders received without depositing the requisite xxxxxxx money are liable to be rejected. The EMD as given in the Schedule must be made payable to the officer calling for tenders. EMD may also be lodged in the form of Bank Guarantee Bond as per format at Appendix D. (a) The successful bidders will be notified on IAFZ-2124 (Acceptance of Tender Note) of acceptance of his tender in whole or part. Till then no bidder has any extension thereofright to assume that his bid has been accepted, in whole or part and if any bidder disregards this warning and makes any arrangement or incurs any expenditure in anticipation of receipt of notice of acceptance, he will have no claim for compensation. The successful tenderer will also submit three copies of ATC documents duly signed, upon being instructed to do so after sanction by CFA. a. If (b) On issue of the Bidder tries notice of acceptance, the ATC will become a contract in so far as the notification shows the whole or part of the tender that has been accepted and the bidders will furnish the security deposit as specified in the Acceptance of Tender (IAFZ-2124), and hand over the treasury receipt, the deposit receipt/ the Government securities etc. lodged as security deposit to influence the evaluation processMG ASC HQ EASTERN COMMAND, FORT XXXXXXX,KOLKATA - 21 by the time and date as specified in the acceptance of tender. iii. If (c) Until receipt of the lowest Bidder raises any fresh issue security deposit in full or in the event of the non-submission of the security deposit, the xxxxxxx money will be retained and / or T&C after opening considered as part of bid security deposit and prior shall be subject to signing disposal by Government in accordance with Clause 10 below and the balance amount of agreement, it will be construed as withdrawal deducted from the payment or bills of the original bid and vendor by the dependent unit/ supply depot in that case EMD is liable to be forfeited. ivthe vendor has opted for taking 95% payment from contract operating officer. In case the Biddervendor has opted to draw payment direct from CDA, submits false certificate then the CDA concerned will be informed by the contract operating officer and there upon the CDA will effect required deductions. Same action will be taken in terms of any documents supported to this Tender. v. If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. vi. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. vii. If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. viii. In case of a Bidder revoking re-appropriation of security deposit from expired or withdrawing his Tender or varying any terms of expiring contracts if the Bid without re-appropriation action is not completed within the consent of stipulated period and the Employer in writingsecurity is not deposited by the vendor. ix. In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders An amount of ₹ 2,00,000.00 (Rupees Two Lakh only) shall furnish be paid by bidders towards ONE TIME EMD by DD / PAY ORDER from any Scheduled Bank / Public Financial Institutions as defined in the Companies Act, drawn in favor of “HEEP, BHEL Haridwar”, payable at ‘Haridwar’ and the same shall be enclosed to the “Techno-Commercial bid”. The quotations received without EMD will be rejected. Any request for adjustment of EMD from the amounts due from BHEL to the bidders shall not be accepted and the offer shall be rejected. The EMD in respect of unsuccessful bidder shall be refunded normally within fifteen days from the acceptance of award of work by the successful bidder. The EMD of all techno-commercially qualified bidders will be retained as a onetime deposit for future tenders, if any. No interest on EMD amount shall be paid by BHEL. For all future tenders, bidders who have submitted Onetime EMD, need not to submit the amount as mentioned in Section III: Bid Data SheetEMD again. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” would be returned within seven days of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall be forfeited by the Employer in the following events: i. If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. If the Bidder tries to influence the evaluation process. iii. If the lowest Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreement, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. iv. In case the Bidder, submits false certificate in terms of any documents supported to this Tender. v. If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. vi. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. vii. If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. viii. In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. ix. In case of forfeiture exemption of EMD, letter/e-mail from the department has to be obtained and the same shall be submitted in place of EMD. Exemption letter shall be submitted as prescribed from per format below: Tender Ref.: dated I, ……………………, S/o. ………………. Aged about ….. years, Occ: , Resident of , do hereby solemnly affirm on oath and state as follows: I am working as in M/s. , i.e. the bidder herein. I hereby declare that I have power to execute this undertaking under its Memorandum and Articles of Association and the Executant has to full powers on its behalf under the power of attorney granted to him by the proper authorities of the bidder. As confirmed by BHEL vide e-mail dated ……………… (i) copy attached), one time EMD submitted against tender no…………………………. having validity on date is with BHEL, I on behalf of M/s confirm to (viii) aboveextend the validity of EMD up to 31/03/2016. Dear Xxx, With reference to above tender enquiry and having examined the Bidder shall not be allowed to participate documents given in NIT, Technical bid-Part-I and Price bid-Part-II. I/We hereby submit my/our documents / undertaking /affidavits / Xxxxxxx money as required in your NIT, in FIRST sealed envelope marked “Technical bid - Part-I” . In SECOND sealed envelope marked with “Price Bid - Part-II”, we have submitted our bids / best prices, in line with process of submission and opening of tender given in NIT for the above noted work and we agree with all the terms and conditions mentioned in the retendering process aforesaid documents. I/We confirm that we have quoted our best rates for total Bill of the work.Quantity, for following categories. (Strike out whichever group / combination of groups, you are not quoting) 1. Combination of group M1 to M4 6. Combination of group M13 to M15 2. Combination of group M5 to M7 7. Group M16

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 6.1.1. All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. 6.1.2. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 6.1.3. No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 6.1.4. The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” would be returned within seven days of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 6.1.5. The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 6.1.6. The EMD shall be forfeited by the Employer in the following events: i. If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. iii. If the Bidder tries to influence the evaluation process. iiiiv. If the lowest Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreement, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. iv. v. In case the Bidder, submits false certificate in terms of any documents supported to this Tender. v. vi. If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. vivii. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. viiviii. If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. viiiix. In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. ix. x. In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders (other than those exempted hereunder) shall furnish EMD of the amount as mentioned in Section III: Bid III Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial Industry and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the extant Government of India notifications in this regardrules. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 1 Name of Bank Account: IWAI FUND 2 Bank Name and Address Union Bank of India, Sector 15, Noida 3 Bank Account Number 513202050000007 4 IFSC UBIN0551325 6.1.2 Bids not accompanied by EMD (other than the Bid of exempted Bidders) shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer Owner for the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” unsuccessful bidders would be returned within seven 7 (seven) days of issuance of Letter of Acceptance (LoA) to the successful Selected Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall be forfeited appropriated by the Employer Owner in the following events: i. (i) If Bid is withdrawn during the bid validity period including Bid Validity Period or any extension agreed to by the Bidder thereof. (ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. ) If the Bidder tries to influence the evaluation process. (iii. ) If the lowest first ranked Bidder raises any withdraws its Bid during negotiations (failure to arrive at consensus by both the Parties shall not be construed as withdrawal of Bid by the Contractor). Any fresh issue and / or T&C after opening of bid and prior raised by the Contractor pertaining to signing of agreement, it the contract price (apart from mutually agreed price change) will be construed as withdrawal of the original bid quotation and in that case liable for forfeiture of the EMD is liable to be forfeitedby the Bidder. (iv. ) In case the Bidder, submits false certificate certificate(s) in terms of any supporting documents supported to this Tenderthe Bid. v. (v) If the Bidder fails to sign the Contract contract in accordance with Conditions conditions of Contract contract on receipt of LoA. vi. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage award of the execution of the contractwork. vii. (vi) If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions conditions of Contractcontract. viii. (vii) In case of a Bidder revoking or withdrawing his Tender its Bid or varying any terms of in regard thereof after the Bid Due Date without the consent of the Employer Owner in writing, the EMD paid along with the Bid shall be forfeited by the Bidder. ix. 6.1.6 In case the event a bidder has not submitted EMD in terms of forfeiture this ITB, upon happening of EMD, as prescribed from (i) to (viii) any of the event specified in Clause 6.1.5 above, an amount equal to the Bidder EMD shall not be allowed payable to participate in the retendering process of the workOwner.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade Policy & Promotion (DPIITDIPP) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. In case of a JV / Consortium, the Lead Member shall furnish the EMD. Further, also refer clause 6.9.11 of ITB below. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: (i) Name of Bank Account: IWAI FUND (ii) Bank Name and Address Union Bank of India, Sector 15, Noida (iii) Bank Account Number 513202050000007 (iv) IFSC UBIN0551325 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for on the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” ”, would be returned within seven (7) days of issuance of Letter of Acceptance Award (LoA) to the successful Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven (7) days of opening of Price bid. 6.1.6 The EMD shall be forfeited by the Employer in the following events: i. (i) If the Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. (ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. ) If the Bidder tries to influence the evaluation process. (iii. ) If the lowest highest ranked Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreementduring negotiations, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. (iv. ) In case the Bidder, submits false certificate in terms of any documents supported in support to this Tender. v. (v) If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. (vi. ) In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. (vii. ) If the Bidder fails to furnish the Security Deposit & Performance Bank Guarantee in accordance with Conditions of Contract. (viii. ) In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. (ix. ) In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. HoweverFurther, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department also refer clause 6.9.11 of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regardITB below. EMD for the mentioned amount shall be remain valid 45 days beyond the bid validity & deposited to IWAI Fund through Bank Guarantee/ RTGS / NEFT including E-Bank guarantee in the following account:: (i) Name of Bank Account: IWAI FUND (ii) Bank Name and Address Union Bank of India, Sector 15, Noida (iii) Bank Account Number 513202050000007 (iv) IFSC UBIN0551325 6.1.2 Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer for on the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Successful Bidder” ”, would be returned within seven (7) days of issuance of Letter of Acceptance Award (LoA) to the successful Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven (7) days of opening of Price bid. 6.1.6 The EMD shall be forfeited by the Employer in the following events: i. (i) If the Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. (ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. ) If the Bidder tries to influence the evaluation process. (iii. ) If the lowest highest ranked Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreementduring negotiations, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. (iv. ) In case the Bidder, submits false certificate in terms of any documents supported in support to this Tender. v. (v) If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA. (vi. ) In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. (vii. ) If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. (viii. ) In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. (ix. ) In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 6.1.1. All Bidders shall furnish EMD of the amount as mentioned in Section III: Bid Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the Government of India notifications in this regard. EMD for the mentioned amount shall be deposited to Name of Bank Account: IWAI Fund through RTGS / NEFT in the following account:FUND Bank Name and Address: Union Bank of India, Sector-15, Noida Bank Account Number: 513202050000007 IFSC: UBIN0551325 6.1.2 6.1.2. Bids not accompanied by EMD shall be rejected as non-responsive. 6.1.3 6.1.3. No interest shall be payable by the Employer for the sum deposited as EMD. 6.1.4 6.1.4. The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” would be returned within seven days of issuance of Letter of Acceptance (LoA) to the successful Bidder. 6.1.5 6.1.5. The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 6.1.6. The EMD shall be forfeited by the Employer in the following events: i. (i) If Bid is withdrawn during the bid validity period including any extension agreed to by the Bidder thereof. (ii. ) If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. . If the Bidder tries to influence the evaluation process. (iii. ) If the lowest Bidder raises any fresh issue and / or T&C after opening of bid and prior to signing of agreement, it will be construed as withdrawal of the original bid and in that case EMD is liable to be forfeited. (iv. ) In case the Bidder, submits false certificate in terms of any documents supported to this Tender. v. (v) If the Bidder fails to sign the Contract in accordance with Conditions of Contract on receipt of LoA.LoA or withdraws the bid. (vi. ) In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage of the execution of the contract. (vii. ) If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions of Contract. (viii. ) In case of a Bidder revoking or withdrawing his Tender or varying any terms of the Bid without the consent of the Employer in writing. (ix) Authority may also blacklist or debarred the bidder in participating in the IWAI tendering for 02 (two) years as prescribed from 6.1.6. (i) to (viii) above. (x) In case of forfeiture of EMD, as prescribed from (i) to (viii) above, the Bidder shall not be allowed to participate in the retendering process of the work.

XXXXXXX MONEY DEPOSIT (EMD). 6.1.1 All Bidders (other than those exempted hereunder) shall furnish EMD of the amount as mentioned in Section III: Bid III Data Sheet. However, Micro and Small Enterprises (MSEs) as defined in MSE Procurement Policy issued by Department of Micro, Small and Medium Enterprises (MSME) or Start-ups as recognized by Department for Promotion of Industrial Industry and Internal Trade (DPIIT) are exempt from submitting the EMD on submission of documents to the extent as per the extant Government of India notifications in this regardrules. EMD for the mentioned amount shall be deposited to IWAI Fund through RTGS / NEFT in the following account: 1 Name of Bank Account: IWAI FUND 2 Bank Name and Address Union Bank of India, Sector 15, Noida 3 Bank Account Number 513202050000007 4 IFSC UBIN0551325 6.1.2 Bids not accompanied by EMD (other than the Bid of exempted Bidders) shall be rejected as non-responsive. 6.1.3 No interest shall be payable by the Employer Owner for the sum deposited as EMD. 6.1.4 The EMD of those Bidders whose Financial Bids have been opened but are not selected as “successful Bidder” unsuccessful bidders would be returned within seven 7 (seven) days of issuance of Letter of Acceptance (LoA) to the successful Selected Bidder. 6.1.5 The EMD of Bidders who have not qualified for opening of Price Bids in terms of clause 3 & 16 of ITB would be returned within seven days of opening of Price bid. 6.1.6 The EMD shall be forfeited appropriated by the Employer Owner in the following events: i. (i) If Bid is withdrawn during the bid validity period including Bid Validity Period or any extension agreed to by the Bidder thereof. (ii. If the Bid is varied or modified in a manner not acceptable to the Employer after opening of Proposal during the validity period or any extension thereof. a. ) If the Bidder tries to influence the evaluation process. (iii. ) If the lowest first ranked Bidder raises any withdraws its Bid during negotiations (failure to arrive at consensus by both the Parties shall not be construed as withdrawal of Bid by the Contractor). Any fresh issue and / or T&C after opening of bid and prior raised by the Contractor pertaining to signing of agreement, it the contract price (apart from mutually agreed price change) will be construed as withdrawal of the original bid quotation and in that case liable for forfeiture of the EMD is liable to be forfeitedby the Bidder. (iv. ) In case the Bidder, submits false certificate certificate(s) in terms of any supporting documents supported to this Tenderthe Bid. v. (v) If the Bidder fails to sign the Contract contract in accordance with Conditions conditions of Contract contract on receipt of LoA. vi. In case the Bidder is found to indulge in corrupt or fraudulent practices at any stage award of the execution of the contractwork. vii. (vi) If the Bidder fails to furnish the Performance Bank Guarantee in accordance with Conditions conditions of Contractcontract. viii. (vii) In case of a Bidder revoking or withdrawing his Tender its Bid or varying any terms of in regard thereof after the Bid Due Date without the consent of the Employer Owner in writing, the EMD paid along with the Bid shall be forfeited by the Bidder. ix. 6.1.6 In case the event a bidder has not submitted EMD in terms of forfeiture this ITB, upon happening of EMD, as prescribed from (i) to (viii) any of the event specified in Clause 6.1.5 above, an amount equal to the Bidder EMD shall not be allowed payable to participate in the retendering process of the workOwner.