Examples of Revenue Security in a sentence
Within fourteen (14) days from the date of furnishing of acceptable Performance Security, Toll Revenue Security and Advance Tax receipt under the Conditions of Contract, the Employer will send to the successful bidder the Form of Contract Agreement provided in the Bidding Documents, duly filled in and incorporating all agreements between the parties for signing and returning it to the Employer.
Within 7 x days from the date of furnishing of requisites, First monthly advance installment, Performance Security, Toll Revenue Security and Advance Tax receipt under the Conditions of Contract, the Employer will send to the successful bidder the Form of Contract Agreement provided in the Bidding Documents, duly filled in and incorporating all agreements between the parties for signing and returning it to the Employer.
The Toll Revenue Security shall not be adjusted against Net Guaranteed Revenue 8.3.1 CERTIFICATE FOR RELEASE OF TOLL REVENUE SECURITY The contract Contract Name was signed between NHA & M/sContractor’s name on date It is certified that Contractor Name has deposited all outstanding dues under the contract on time and nothing is outstanding against the contractor.
This letter shall consist of an amount of Performance Security and Revenue Security which the highest Bidder shall pay to the Employer within a period of fifteen (15) days in the forms and the amounts stipulated below, failing to which LoA shall be liable to be withdrawn unless otherwise extended by the Employer.
The Toll Revenue Security shall not be adjusted against Net Guaranteed Revenue 8.3.1 CERTIFICATE FOR RELEASE OF TOLL REVENUE SECURITY The contract Contract Name was signed between NHA & M/s Contractor’s name on date It is certified that Contractor Name has deposited all outstanding dues under the contract on time and nothing is outstanding against the contractor.
The Bid Security of the highest bidder will be returned when the bidder has furnished the required Performance Security and Revenue Security and signed the Contract Agreement, pursuant to Clause 9.6.
Within fourteen (14) days from the date of furnishing of acceptable, First monthly advance installment, Performance Security, Toll Revenue Security and Advance Tax receipt under the Conditions of Contract, the Employer will send to the successful bidder the Form of Contract Agreement provided in the Bidding Documents, duly filled in and incorporating all agreements between the parties for signing and returning it to the Employer.
Otherwise on 11th day, the contract shall become liable to terminate due to default of OMC along with forfeiture of Performance Security and Toll Revenue Security after adjustment of default amount without serving any notice.
The successful bidder shall furnish to the Employer the Performance Security, Revenue Security and Advance Tax in the forms and the amounts stipulated in the Bid Data Sheet within a period of Fourteen (14) days after the receipt of Letter of Acceptance.
Advance Tax for one year net guaranteed revenue shall have to be deposited by the successful bidder along with Revenue Security and Performance Security, prior to signing of contract agreement as per Government Rules/Regulations.