Archive

1

SITE: The word “Site” wherever referred is of the “Premises” where the work has to be carried out as directed giving least inconvenience to the occupants.

2

LAST DATE: The tender should be submitted in a sealed cover mentioning the name of the work, last date of submission of tender on the envelope. The last date for submission of tender is 16-02-2009 till 1100 Hours and the same will be opened on the same day at 1300 Hours.

3

EARNEST MONEY- The amount of EMD Rs. 2,000/- is to be remitted in favour of “UCO BANK, ZONAL OFFICE, NEW DELHI” through Demand Draft or Bankers’ Cheque or Pay Order. Any tender not accompanied by the requisite Earnest Money will be rejected.

4

The Contractor whose tender is accepted will be required to furnish by way of security deposit for the due fulfillment of his contract, an amount equivalent to 10% of the annual value of the work in the form of DD/Bank Guarantee from a nationalized bank which shall be refunded within three months of date of expiry/completion of the contract. After depositing the amount of this security deposit the EMD amount would be released to the successful bidder. In the event of the contractor failing to comply with any of the provisions of the contract, the security deposit shall stand forfeited. No interest shall be payable over the security deposit lying with the Bank.

5

The Contractors are requested to put their Firm’s endorsement on each page of the tender document in token of acceptance.

6

The Contractor shall indemnify the bank against any type of loss/ accident caused due to the negligence of the Contractor and the contractor shall take all precautions for smooth execution of the work.

7

CONTRACT LABOUR ACT: The Contractor shall pay his labour as per the Contract Labour Act and observe hours of work and conditions of employment according to the existing rules under the contract labour act. Further it shall be the Contractor’s responsibility to ensure that regular payments to his workers are made. The Contractor shall indemnify the Bank from any claim under Contract Labour Act, Labour Licence to be obtained from Central Labour Commissioner, if applicable.

8

WORKMEN’S COMPENSATION ACT: The Contractor shall fully indemnify the Bank from all claims for injury caused to any person whether a workman or not and the bank shall not be bound to defend any claims made under the Workmen’s Compensation Act. The Contractor shall obtain necessary Insurance Cover in this regard and the same shall remain in force till the completion of the Contract.

9

THIRD PARTY RISK: The Contractor shall be responsible for all injuries/damages to his men, material and property etc which may arise from the work, for negligence of himself and/or his workers and shall fully indemnify the bank for such expenses which shall be solely to the Contractor’s own account. The Contractor shall have to obtain Third Party Cover Policy for the value as deemed necessary and this shall be in force till the completion of the work.

10

Tenderers should note that their rates quoted shall be firm during currency of the contract irrespective of the quantity of executed and no escalation shall be permissible. The currency of contract shall be inclusive of extensions granted.

11

No alterations or additions are to be made by the Contractors to the text of the tender papers. Violation of this instruction entails rejection of the tender at the discretion of the Bank.

12

Any tenderer who proposes any alteration to any of the conditions laid down or proposes any other condition of any description whatsoever is liable to be rejected at the discretion of the Bank. The tenderers are advised not to stipulate any conditions in the letter forwarding the tender documents.

13

The Contractor is required to check the numbers of pages and should any be found missing or in duplicate, or the figure or writing indistinct, he must inform the Bank. Should the contractor be in doubt about the precise meaning of any item or figure, for any reason whatsoever, he must inform the bank in order that the correct meaning may be decided upon before the date for the submission of the tender. No liability whatsoever will be admitted nor claim allowed in respect of errors in the Contractor’s tender due to mistake in the Schedule of Quantities, which should have been rectified in the manner, described above.

14

The Contractor should quote their rates both in words and figures. The rates should be filled legibly in ink and the rates written in words should be prefixed and suffixed “Rs.” And “only” respectively. If on checking there are differences between the rates given by the Contractor in words and figures or in amount worked out by them, the following procedure shall be followed for ascertaining the arithmetical accuracy.

(a)

If the rate in words and figure differs, the rates, which correspond to the amount worked out by the Contractor, shall be taken into consideration.

(b)

In case amount is not worked out or not tallying with the rate written either in words or figures, the quoted rates in words shall be taken for consideration.

(c)

In case rate quoted by the Contractor both in words and figures tally but the amount is not worked correctly, the rates quoted by the Contractor shall be taken for consideration and not the amount.

15

Contractors should note that the quoted rates shall be firm throughout the currency of the contract. Price variation towards materials, labour etc is not allowed and will not be paid. The rates quoted should include all taxes, service tax, education cess and any other tax levied by the Government and nothing extra shall be paid on any account.

16

All measurements of concealed items shall be got recorded before they are cover up/ concealed.

17

The rates quoted shall cover for all tools, plants, scaffolding and everything necessary for proper execution of work to the entire satisfaction of the Department.

18

Extra items if any shall be settled on the basis of cash memos for purchase of materials and actual labour employed. Contractor shall be allowed 15% over the above to cover for, supervision, overheads and profit. The decision of the Bank in this regard shall be binding and final.

19

All materials used in the work shall be as per BIS/CPWD specifications or as per the quality specified in the tender and approved by the competent authority.

20

The contractor shall be responsible for and shall replace or make good at his own expense any material lost or damaged or quality not approved by the Bank.

21

In case the work is likely to be delayed than the scheduled time limit, the contractor shall in advance seek the extension in time limit before the expiry of time.

22

All works are to be carried out as per local by-laws with respect to stocking of materials, supply of labour etc. Electrical works are to be carried out through a Licensed Electrician as per IE Rules, local electricity authority rules.

23

In case of dispute the decision of the Bank shall be conclusive and binding on the Contractor. Any dispute arising out of this agreement or that may arise in future, will be resolved by taking recourse to mutual settlement in the first instance, failing which dispute will be subject to the jurisdiction of Delhi Courts. Bank is entitled to withhold payments due to the Contractor in case of dispute till it is resolved.

24

The tender shall be valid for acceptance for a period of 3 months from the last date of receipt of tender.

25

That no right whatsoever shall vest in the Contractor’s Workers to claim/have or otherwise seek employment in the Bank nor the Contractor’s Workers shall have the right whatsoever to claim benefits and/or emoluments that may be permissible or paid to the employees of the Bank. The Workers shall remain the employees of the Contractor and this should be the sole responsibility of the Contractor to make it clear to the Workers before deputing them on work at the Bank.

26

The bidders can visit the site and assess the existing system before submitting their bids.

27

Bank reserves the right to accept any tender or to accept the tender in part or to reject any or all tenders without assigning any reason thereof.