Construction of CC road and drain work in Shardanagar Second Ward, Ektanagar, in front of Janhavi General Store, up to Shri Abhay's house in the street. The bidder should have its own computerized hot mix plant and private roller for paver work. If the tendered cost quoted by the lowest bidder is less than 10 percent of the approved cost, then additional performance security will be taken from the contractor at the rate of 1 percent per percent less than 10 percent. Additional Performance Security will be accepted through online internet banking/RTGS/NEFT/Duly Pledged FDR/Bank Guarantee. The earnest money will be released only after the defect liability period of 1 year of completion of the work is found satisfactory. Additional performance security in tenders with a lower rate of more than 15 percent will be released only after the defect liability period is completed and the work is found satisfactory. If equal rates are received from more than one bidder in any work, the successful

Tender Timeline

Construction of CC road and drain work in Shardanagar Second Ward, Ektanagar, in front of Janhavi General Store, up to Shri Abhay's house in the street. The bidder should have its own computerized hot mix plant and private roller for paver work. If the tendered cost quoted by the lowest bidder is less than 10 percent of the approved cost, then additional performance security will be taken from the contractor at the rate of 1 percent per percent less than 10 percent. Additional Performance Security will be accepted through online internet banking/RTGS/NEFT/Duly Pledged FDR/Bank Guarantee. The earnest money will be released only after the defect liability period of 1 year of completion of the work is found satisfactory. Additional performance security in tenders with a lower rate of more than 15 percent will be released only after the defect liability period is completed and the work is found satisfactory. If equal rates are received from more than one bidder in any work, the successful bidder will be selected through lottery among these bidders. Before acceptance of tenders with more than 15 percent less, the concerned bidder will have to submit his work plan/bar chart on a stamp paper to the tender committee and the tender committee will take a decision on acceptance/rejection of the tender based on merit.