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 64 of 65 Executive Engineer,
PC-8, BBMP, Bengaluru
SECTION 11: BANK GUARANTEE FORMAT FOR EARNEST MONEY DEPOSIT
To
Chief Commissioner
Bruhat Bengaluru Mahanagara Palike
N. R. Square
Bengaluru – 560 002
In accordance with your Tender No. EE/PC–8/TEND/02/2023–24, dated 02.02.2024 for the
Work of Comprehensive Development of Selected Roads by Providing White Topping under
GoK Grants Package – 2, (hereinafter called “the Tender”), M/s. __________________________ one of the
Tenderers (hereinafter called the “the Tenderer”) having its Registered Office at
______________________________________, wishes to participate in the said Tender and an irrevocable Bank
Guarantee against Earnest Money Deposit for an Amount of Rs. ______________ (Rupees) is required to
be submitted by the Tenderer towards the Tender Security.
KNOW ALL MEN by these presents that we, ______________________________ (Name of Bank) of ___________
(Name of Country) having our Registered Office at ___________________________ (hereinafter called “the
Bank”) at the Request of the Tenderer do hereby unequivocally and unconditionally guarantee the
same Amount as stated above. The Bank is bound unto Bruhat Bengaluru Mahanagara Palike, N. R.
Square, Bengaluru – 560 002 (hereinafter called “the Employer) in the same Amount as stated above
for which Payment well and truly to be made to the said Employer, the Bank binds himself, his
Successors and Assigns by these presents.
SEALED with the Seal of the said Bank this ________ day of ________________ 2024.
The Conditions of this Obligation are:
1. If the Tenderer withdraws his Tender after Tender Opening during the Period of Tender Validity
specified in the Tender Document; or
2. If the Tenderer does not accept the Correction of the Tender Price in accordance with the
Instructions to Tenderers.
3. If the Tenderer having been notified of the Acceptance of his Tender by the Employer during the
Period of Tender Validity
a. Fails or refuses to execute the Form of Agreement in accordance with the Instructions to
Tenderers; or
b. Fails or refuses to furnish the Performance Security in accordance with the Instructions to
Tenderers.
We undertake to pay to the Employer upto the above Amount upon Receipt of his First Written
Demand, without the Employer having to substantiate his Demand, provided that in his Demand the
Employer will note that the Amount claimed by him is due to him owing to the Occurrence of one or
any of the Conditions, specifying the Occurred Condition or Conditions.
This Guarantee will remain in force upto and including ________________ (Date) i.e. 135 (one hundred
and Thirty Five) days beyond the Tender Validity as such Deadline is stated in the Instructions to
Tenderers or it may be extended by the Employer, Notice of which Extension (s) to the Bank shall be