Tender document — White Topping of Selected Roads under GoK Grants, Package-2 (BBMP, Project Central-8)

Comprehensive Development of Selected Roads by Providing
White Topping Under GoK Grants Package - 2 Technical Bid
Tenderer Page 13 of 65 Executive Engineer,
PC-8, BBMP, Bengaluru
13. Earnest Money Deposit
13.1 The Tenderer shall furnish, as part of his tender, Earnest Money Deposit (EMD) in the amount
as mentioned in IFT for this particular Work. Further, out of the total EMD Amount only
Rs. 1.00 Lakh (Rupees One Lakh only) shall be paid in the Karnataka Public Procurement
Portal using any of the following modes and the Balance Amount shall be in the form of Bank
Guarantee from any Nationalized / Scheduled Bank. The Scanned copy of the BG shell be
uploaded along with the technical bid
 Credit Card.
 Direct Debit.
 National Electronic Fund Transfer (NEFT).
 Over the Counter (OTC).
 E- Bank Guarantee.
NEFT Payment Procedure
If a Tenderer chooses to make Payment of EMD / Tender Processing Fee using Reserve Bank
of India's (RBI) National Electronic Fund Transfer (NEFT) System, the Tenderer will need to
log into Karnataka Public Procurement portal System, access the Tender for which Bid is
being created and then select the NEFT Option under the Payment Section and print the
Challan shown in that Section. The Printed Challan will have the Unique Bid Reference
Number, Account Details of Government of Karnataka and the Amount to be remitted. The
Tenderer shall submit the Printed Challan to its Bank Branch (NEFT enabled) and request for
an Account – to – Account Transfer, wherein the money will get transferred from the
Tenderer’s Bank Account to GOK’s Bank Account. The Tenderer shall ensure that NEFT
Transfer Instructions are executed and the Funds are wired to the Government of
Karnataka's Principal Account before the Last Date for Bid Submission and preferably 24
hours before the Last Date for Bid Submission. If the Tenderer’s Bank transfers / wires the
money after the Last Date for Bid Submission, the Tenderer’s Bid will be liable for rejection.
Upon executing the Transfer, the Tenderer's Bank will provide a Reference Number
generated by NEFT Software as Confirmation of Transfer, which has to be input by the
Tenderer in the Payment Section of its Bid as Payment Confirmation before the Bid is
submitted i.e. as a pre requisite for Bid Submission. The Account Number from which the
Funds were transferred shall be input in the Karnataka Public Procurement Portal System as
part of its Bid also.
OTC Payment Procedure
If a Tenderer chooses to make Payment of EMD / Tender Processing Fees Over The Counter
(OTC) in any of the designated ICICI Bank Branches listed in the Karnataka Public
Procurement Portal Website (http//kppp.karnataka.gov.in/kppp), the Tenderer will need
to log into Karnataka Public Procurement Portal System, access the Tender for which Bid is
being created and then select the OTC Option under the Payment Section and print the
Challan shown in that Section. The Printed Challan will have the Unique Bid Reference
Number and the Amount to be remitted along with the Challan. The Tenderer can choose to
make the Payment either in the form of Cash or in the form of Demand Draft. Cheque
Payments will not be accepted. The Tenderer is requested to specifically inform the Bank