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    Agreement KSEB Tender For AMC One Year

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    Mad Max
    This document is an agreement between the Kerala State Electricity Board and [NAME], wherein [NAME] submitted a tender in response to a notification by the Board. As part of the tender, [NAME] deposited an earnest money amount and provided a bank guarantee. The agreement states that if [NAME]'s tender is accepted, they must execute a contract within a certain number of days that incorporates the Board's terms and conditions. If [NAME] fails to sign the contract, the Board can recover losses from [NAME] by appropriating the deposited money and bank guarantee or through revenue recovery acts. The agreement is signed by representatives of both parties.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Agreement KSEB Tender For AMC One Year

    Uploaded by

    Mad Max
    77 views2 pages
    This document is an agreement between the Kerala State Electricity Board and [NAME], wherein [NAME] submitted a tender in response to a notification by the Board. As part of the tender, [NAME] deposited an earnest money amount and provided a bank guarantee. The agreement states that if [NAME]'s tender is accepted, they must execute a contract within a certain number of days that incorporates the Board's terms and conditions. If [NAME] fails to sign the contract, the Board can recover losses from [NAME] by appropriating the deposited money and bank guarantee or through revenue recovery acts. The agreement is signed by representatives of both parties.

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    Original Title

    Agreement KSEB Tender for AMC One year

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    This document is an agreement between the Kerala State Electricity Board and [NAME], wherein [NAME] submitted a tender in response to a notification by the Board. As part of the tender, [NAME] deposited an earnest money amount and provided a bank guarantee. The agreement states that if [NAME]'s tender is accepted, they must execute a contract within a certain number of days that incorporates the Board's terms and conditions. If [NAME] fails to sign the contract, the Board can recover losses from [NAME] by appropriating the deposited money and bank guarantee or through revenue recovery acts. The agreement is signed by representatives of both parties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    77 views2 pages

    Agreement KSEB Tender For AMC One Year

    Uploaded by

    Mad Max
    This document is an agreement between the Kerala State Electricity Board and [NAME], wherein [NAME] submitted a tender in response to a notification by the Board. As part of the tender, [NAME] deposited an earnest money amount and provided a bank guarantee. The agreement states that if [NAME]'s tender is accepted, they must execute a contract within a certain number of days that incorporates the Board's terms and conditions. If [NAME] fails to sign the contract, the Board can recover losses from [NAME] by appropriating the deposited money and bank guarantee or through revenue recovery acts. The agreement is signed by representatives of both parties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Articles of agreement executed on this the ………………………………………………………………………day

    of…………………………………………………two thousand………………………………………………………………………………

    Between the Kerala State Electricity Board acting through……………………………………………………

    (here enter the designation of officer who has invited this tender) hereinafter referred to as “The Board
    “of the one part and Shri (here enter name and address of the tenderer).

    ………………………………………………………………………………………………………………………………………………………………..

    (hereinafter referred to as “ The Bounden”) of the other part.

    WHEREAS in response to the invitation for tenders as per Notification No. ……………………………………….

    dated…………………………………………………and subsequent amendments there to the bounden as submitted


    to the Board a tender for the ……………………………………………………………………………………….. Specified therein
    subject to the terms and conditions contained in the said tender documents.

    WHEREAS the bounden has also deposited with the Board a sum of Rs………………………………………………
    ……………………………………………………furnished a Bank Guarantee for sum of Rs. …………………………………………

    as earnest money for execution of an agreement undertaking the due fulfillment of the contract in
    case his tender is accepted by the Board.

    NOW THESE PRESENTS WITNESS AND it is hereby mutually agreed as follows:

    1. In case the tender submitted by the bounden is accepted by the Board with or without
    modifications and the Contract for ………………………………………………………………………………………is
    awarded to the bounden , the bounden shall within ………………………………………………………..days
    of acceptance of the tender execute an agreement with the Board incorporating all the terms
    and conditions under which the Board accepts his tender.
    2. In case the bounden fails to execute the agreement as aforesaid incorporating the terms and
    conditions governing the contract the Board shall have power and authority to recover from the
    bounden any loss or damages caused to the Board by such breach as may be determined by the
    Board, appropriating the moneys inclusive of earnest money deposit or /any kind of security
    furnished by the bounden and if the money or security is found to be inadequate, the deficit
    amount may be recovered from the bounden and his properties movable and immovable and
    also in the manner hereinafter contained. The bounden will have no claim or right over the
    moneys and /or securities and earnest money appropriated by the Board and those moneys or
    /and securities shall belong to the Board.
    3. All sums found due to the Board under are by virtue of this agreement shall be recoverable from
    the bounden and his properties movable and immovable under the provisions of the Revenue
    Recovery Act for the time being in force as those such sums are arrears of land revenue and also
    in such other manner as the Board may deem fit.

    In witnes where of Shri……………………………………………………………………………………..(here enter


    name and designation) for and on behalf of Board and Shri………………………………………………….

    ……………………………………………….. the bounden have here unto set their names the day and year
    shown against their respective Signatures.

    Signed by Shri………………………………………………………………………………………………(Date)

    In the presence of Witnesses:

    1.

    2.

    Signed by Shri…………………………………………………………………………………………………….(Date)

    In the presence of Witnesses:

    1.

    2.

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