EMD definition

EMD means Earnest Money Deposit.

EMD means the amount submitted by a Bidder to OMC for participating in the Bidding Process, in terms of Clause 8.7;

EMD means the amount submitted by a Bidder to Sports and Youth Services Department, Government of Odisha for participating in the Bidding Process, in terms of the below clause.

Examples of EMD in a sentence

• EMD is to remain valid for a period of 45 days beyond the final Bid validity period (i.e. valid upto 135 days).

• Seller / Service Provider registered with designated Agency / Authority as specified in the bid document by the Buyer –such bidder shall have to upload scanned copy of relevant registration document in place of EMD document while bidding.

• Canvassing by the Bidder in any form, unsolicited letter and post- tender correction may invoke summary rejection with forfeiture of EMD.

• Withdrawal of a bid during this period will result in Bidder’s forfeiture of Xxxxxxx Money Deposit (EMD).

• The EMD may be submitted in the form of Insurance Surety Bond, Account Payee Demand Draft, Fixed Deposit Receipt, Banker’s Cheque or Bank Guarantee from any of the public sector banks or a private sector bank authorized to conduct government business.

More Definitions of EMD

EMD means Earnest Money Deposit, without interest.

EMD means Earnest Money Deposit being the amount to be deposited by the bidder to NIC in the form of BG/Demand Draft along with the bid.

EMD means Earnest Money Deposit required by the E-Auction Process Participant to deposit with the Liquidator as the security before being eligible to bid for the assets of the company in E-Auction. EMD shall be deposited in accordance with the terms set out in this E- Auction Process Information Document in compliance with IBC and other applicable laws.

EMD means Earnest Money Deposit which is required to be Paid as per the prevailing terms and conditions of RFP.

EMD means Earnest Money Deposit. The Owner takes this amount to check the earnestness/seriousness of the tenderers in case they are selected as winners.

EMD means the refundable amount to be submitted by the shortlisted Bidder (Bidder) along with RFP documents to CMRL.

EMD means the form and manner stipulated in the RFP.