Delay in Shifting of links. 1. The vendor should also undertake to carry out feasibility within 2 WEEKS from the date of intimation and actual shifting of links within 4 WEEKS from the date of purchase order i.e. total 4 WEEKS. In case there is delay in shifting, Bank will impose penalty of 1% of the shifting cost per week delay subject to a maximum of 10% of shifting order value.
2. If the successful bidder fails to commission/upgrade the link as mentioned above, the Bank has rights to cancel the contract