Custom Bid For Services - As Per NIT

OPTION CLAUSE 25% : The buyer can increase or decrease the contract quantity or contract duration up to 25 percent at the time of issue of the contract. However, once the contract is issued, the contract quantity or contract duration can only be increased up to 25 percent. Bidders are bound to accept the revised quantity or duration. For lumpsum-based service contracts, the buyer may increase the scope of work and contract value up to 25 percent with the consent of the service provider

Successful Bidder can submit the Performance Security in the form of Account Payee Demand Draft also (besides PBG which is allowed as per GeM GTC). DD should be made in favour of Hindustan Copper Limited payable at Khetri Nagar / Kolihan Nagar . After award of contract, Successful Bidder can upload scanned copy of the DD in place of PBG and has to ensure delivery of hard copy to the original DD to the Buyer within 15 days of award of contract.

Bidders can also submit the EMD with Payment online through RTGS / internet banking in Beneficiary name Hindustan Copper Limited Account No. 51032062450 IFSC Code SBIN0031133 Bank Name STATE BANK OF INDIA Branch address KHETRI NAGAR . Bidder to indicate bid number and name of bidding entity in the transaction details field at the time of on- line transfer. Bidder has to upload scanned copy / proof of the Online Payment Transfer along with bid.

Buyer uploaded ATC document Click here to view the file.