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 19 of 65 Executive Engineer,
PC-8, BBMP, Bengaluru
F. Award of Contract
26. Award Criteria
26.1 Subject to Clause 27, the Employer will award the Contract to the Tenderer whose Tender
has been determined to be Substantially Responsive to the Tender Documents and who has
offered the Lowest Evaluated Tender Price, provided that such Tenderer has been
determined to be (a) Eligible in accordance with the Provisions of Clause 2, and (b) Qualified
in accordance with the Provisions of Clause 3.
27. Employer's Right to accept any Tender and to reject any or All Tenders
27.1 Notwithstanding Clause 26, the Employer reserves the Right to accept or reject any Tender,
and to cancel the Tender Process and reject all Tenders, at any time Prior to the Award of
Contract, without thereby incurring any Liability to the Affected Tenderer or Tenderers or
any Obligation to inform the Affected Tenderer or Tenderers of the Grounds for the
Employer's Action.
28. Notification of Award and Signing of Agreement
28.1 The Tenderer whose Tender has been accepted will be notified of the Award by the Employer
prior to Expiration of the Tender Validity Period by Cable, Telex, e – mail or Facsimile
confirmed by Registered Letter. This Letter (hereinafter and in the Conditions of Contract
called the "Letter of Acceptance") will state the Sum that the Employer will pay the
Contractor in consideration of the Execution, Completion and Maintenance of the Works by
the Contractor as prescribed by the Contract (hereinafter and in the Contract called the
"Contract Price").
28.2 The Notification of Award will constitute the Formation of the Contract, subject only to the
furnishing of Security Deposit in accordance with the provisions of Clause 29.
28.3 The Agreement will incorporate all Agreements between the Employer and the Successful
Tenderer. It will be kept ready for Signature of the Successful Tenderer in the Office of
Employer within 20 days following the Notification of Award along with the Letter of
Acceptance. Within 7 days of Receipt, the Successful Tenderer will sign the Agreement and
deliver it to the Employer.
28.4 Upon the furnishing by the Successful Tenderer of the Performance Security, the Employer
will promptly notify the other Tenderers that their Tenders have been unsuccessful.
29. Security Deposit
29.1 Within 15 days of Receipt of the Letter of Acceptance, the Successful Tenderer shall deliver to
the Employer a Security Deposit in any of the forms given below for an Amount equivalent to
5% of the Contract Price plus Additional Security for Unbalanced Tenders in accordance with
Sub Clause 25.5 of ITT and Clause 43 of the Conditions of Contract.
 Banker’s Cheque / Demand Draft / Pay Order in favor of “The Chief Commissioner, BBMP,
Bengaluru” payable at Bengaluru or
 A Bank Guarantee in the Form given in Section 10.
 Specified Small Saving Instruments pledged to “The Chief Commissioner, BBMP,
Bengaluru”.