Pre-Qualification : |
PRE-QUALIFICATION: Only those contractors who are registered with S.C.Co. Ltd., in appropriate class are eligble to participate in the tender. E.M.D The EMD shall be 2.50% of ECV. 1% of the EMD as mentioned above shall be paid along with the tender while bidding. Earnest Money Deposit can be paid in the form of Crossed Demand Draft (DD)/FDR/ BG in favour of The Singareni Collieries Company Limited. In case of bank guarantees, the instruments are to be drawn on any of the Scheduled Banks notified by RBI. If the EMD is paid in the form of Crossed Demand draft, it should be payable at Bhupalpalli only. D.Ds payable on outstation banks will not be accepted. The BG submitted as per the format enclosed at the end of the tender document should be valid for a minimum period of 120 days from the date of opening of price bids. On the request of SCCL, the tenderers may have to extend the validity of BGs beyond 120 days till the tenders are finalized / contract awarded. The successful tender should pay 2.50% EMD in the form of DD/FDR/BG at the time of concluding the agreement duly replacing the 1% EMD paid already at the time of bidding .
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