Buyer Added text based ATC clauses BID SECURITY DECLARATION (To be printed on Firm’s Letter Head duly stamped and signed) As per OM No.F-9/4/2020-PPD Dt. 12-11-2020 issued by Deptt. of Expenditure, Ministry of Finance, Govt. of India, bidders are requested to submit Bid Security Declaration along with their technical bids. Bid Security Declaration in lieu of EMD : Bidders should submit a Bid Securing Declaration (as per format given below) accepting that if they withdraw or modify their bids during the period of v alidity, or if they are awarded the contract that they fail to sign the contract, or failed to submit a P erformance Security Bond (PSB) before the deadline defined in the request for Bids document, the y may be suspended for the period upto two years from being eligible to submit bid for contract wi th any of the procuring entities of DRDO. Format for Bid Security Declaration :- We accept that if we withdraw or modify bids during the period of validity, or if we are awarded the contract and failed to sign the contract, or failed to sub mit a Performance Security Bond (PSB) before the deadline defined in this Bids document, we will be suspended for the period upto two years from being eligible to submit bid for contract with any of the procuring entities of DRDO. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx DECLARATION (To be submitted with Technical Bid) It is to certify that the following points will be strictly followed in the GeM Bid No………….Dt……… …
- 1.No counterfeit part will be used.
- 2.Ensure that the documented information (e.g. requirements, design, verification, and validation and acceptance documentation) will be consistent and will be retained for a period of 2 years with the actual delivery of the product and/or services or warranty period whichever is later.
- 3.Buyer/ End User/ Regulatory Authorities will have right of access to the organization, their custo mer, and regulatory authorities to the applicable area of facilities & to applicable documented info rmation, at any level of supply chain. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx .
