Bid Security Declaration definition

Bid Security Declaration means the declaration to be submitted along with the Technical Bid by the Bidder in lieu of the Bid Bond, as per the format prescribed in Annexure 14A [only applicable for projects for which RFP has been issued before 31.12.2021];
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Bid Security Declaration means the declaration to be submitted along with the Technical Bid by the Bidder in lieu of the Bid Bond, as per the format prescribed in Annexure 14A;
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Bid Security Declaration. (Appendix-A of the tender document) on original letter head is scanned and uploaded. If I/We fail to furnish the prescribed performance guarantee within the prescribed period, I/We, agree that the Director, TMC or his successors in office shall without prejudice to any other right or remedy be at liberty to suspend the bidder for one year and shall not be eligible to bid to TMC tenders from date of issue of suspension order. Further, if I/We fail to commence work as specified, I/We agree that Director, TMC or the Successors in office shall without Prejudice to any other right or remedy available in law, be at liberty to forfeit the said Performance Guarantee absolutely. The said Performance Guarantee shall be a guarantee to execute all the works referred to in the tender documents upon the terms and conditions contained or referred to those in excess of that limit at the rates to be determined in accordance with the provision contained in clause 12.2 and 12.3 of the tender form. Further, I/We agree that in case of forfeiture of Performance Guarantee as aforesaid, I/We shall be debarred for participation in the re-tendering process of the work. I/We undertake and confirm that eligible similar work(S) has/have not been got executed through another contractor on back to back basis. Further that, if such a violation comes to the notice of Department, then I/We shall be debarred for tendering in TMC in future forever. Also, if such a violation comes to the notice of Department before date of start of work, the Engineer-in-Charge shall be free to forfeit the entire amount of Performance Guarantee. I/We hereby declare that I/We shall treat the tender documents drawings and other records connected with the work as secret/confidential documents and shall not communicate information/derived there from to any person other than a person to whom I/We am/are authorized to communicate the same or use the information in any manner prejudicial to the safety of the state. Dated Day of Month year. Witness ………………………………………. Address ………………………………………… ………………………………………… Occupation ……………………………………………. TENDERER(s) SIGNATURE
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Examples of Bid Security Declaration in a sentence

  • Bid Security Declaration I/we, M/S ***********(Name of Bidder) am/are aware that I/We have been exempted from submission of Bid Security/Xxxxxxx money Deposit in lieu of this Bid security Declaration.

  • Ref: CIPET:CSTS/HYD/PUR-SU/2021-22/ET/002Date: 30.10.2021 We, the undersigned, declare that: We know that the bid should be supported by a Bid Security Declaration in accordance with your conditions.

  • Envelope-II will be opened on the same day of only those bidders who have submitted Bid Security Declaration and requisite documents in Envelope-I.

  • Seal, name & address of Bank and address of Branch Bidders are required to sign “Bid Security Declaration” as per format given in Annexure- A(I) Annexure- A (I) Bid Security Declaration Form Tender Ref.

  • Seal, name & address of Bank and address of Branch Bidders are required to sign “Bid Security Declaration” as per format given in Annexure- XI Annexure- XI Bid Security Declaration Form Tender Ref.

  • The original of the scanned copy of Bid Security Declaration enclosed in an envelope and to be sent to HOD (Outsourcing), 6th floor, Service Block, North Yard, Mazagon Dock Shipbuilders Limited, Mumbai – 400 010, super scribing Tender No. & Tender date by Speed Post / Registered Post / Courier Service / Hand Delivery to reach the office of HOD (Outsourcing) within Seven (7) days from the Tender closing date.

  • In terms of the Tender, a Bidder will be required to submit Bid security declaration, along with its Bid (Bid Security Declaration as per format specified in Annexure-IX to be given).

  • Submission of Bid Security Declaration will be exempted for Govt.

  • In terms of the Tender, a Bidder will be required to submit, along with its Bid, a Bid Security Declaration as per as per format specified in Annexure-VIII of this tender document.

  • Bidders are requested to upload the scanned image of Bid Security Declaration online along with the bid.


More Definitions of Bid Security Declaration

Bid Security Declaration means Bid Security Declaration (To be stamped on non – judicial stamp paper of Rs.500 of the state where the document is made) to be submitted by the Bidder along with the Bid as per FORMAT 4: FORMAT FOR BID SECURITY DECLARATION.
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Bid Security Declaration means Bid Security Declaration to be submitted by the Bidder along with the Bidas per
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Bid Security Declaration means the, in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;
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Related to Bid Security Declaration

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

  • Existing Intercreditor Agreement means the existing intercreditor agreement dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter dated 29 June 2007, as amended and restated on 5 November 2009 and as further amended on 5 November 2010) between, inter alia, Beverage Packaging Holdings (Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as security trustee and others.

  • Acceptable Intercreditor Agreement means a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Interest Swap Obligations means the obligations of any Person pursuant to any arrangement with any other Person, whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount in exchange for periodic payments made by such other Person calculated by applying a fixed or a floating rate of interest on the same notional amount and shall include, without limitation, interest rate swaps, caps, floors, collars and similar agreements.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;