NIT No. - 01/2011-2012                                                                      Date: 02/06/2011

Separate sealed tenders are invited from resourceful contractors, dealers, Manufacturers and/or from bonafide outsiders having credentials of execution of similar type jobs, preferably in Banks.
Last date of dropping of tender:: 14/06/2011(Tuesday) upto 4-00 p.m.
Required papers with Tender: 1) copy of PAN duly signed 2) copies of valid S.T., P.T.Certificate 3) copies of credentials of work which has been completed within 2(Two) years from this date.
Cost of Tender paper:: Rs.500/-(Rupees Five Hundred)Only.

Schedule of Tenders

1. Issue of Tender Paper: Separate tender papers will be issued from Head office at Contai against a cash payment of Rs.500/-(Rupees Five Hundred) only per tender paper. If the tender paper be downloaded from internet, a draft favouring ‘Secretary, Contai Co-operative Bank Limited’ or the amount by cash should be submitted with each tender while dropping, without which the tender will be treated as cancelled.
2. Last date of dropping of Tender: 14/06/2011 upto 4-00 p.m.
3.  Date of opening of Tender: 14/06/2011 at 4-30 p.m.

Terms and Conditions of Tender

1. The stipulated earnest money to be submitted by a/c payee draft favouring ‘Secretary,Contai Co-operative Bank Limited’ payable at Contai,Purba Medinipur.
2. The tender without submission of required papers mentioned in the notice will be rejected.
3. The earnest money of the successful tenderer will be converted to security deposit. The earnest money of unsuccessful tenderers will be refunded after acceptance of the execution order by the successful tenderer and in no case the refund will be held for a month.
4. In case of non-acceptance of execution order by the successful bidder, the earnest money of that bidder will be forfeited and the order of execution will be given to the next acceptable bidder.
5. In case of consideration of bid, the submitted price will be judged with the value and type of credentials. Mere lowest tender will not be the only means of consideration.
6. Only one bill in INR  per month will be paid as running bill/final bill against each work during execution, being the progress judged by the engineer-in-charge of the work on behalf of the Bank. However the Bank may allow maxm. 50% of the supplied materials’ value as advance during execution of work when no bill has been paid.
7. All the works are to be completed within 3(Three) months time. As the works are interlinked to some extent, the contractor of one work may have to wait for a period for completion of work of another contractor during the course of execution.
8. TDS as per law will be deducted from each bill. Security deposit @8% will be deducted from each bill and will be refunded to the contractor after three months from the date of successful completion. TDS certificate will be issued by Bank after final payment and refund of security deposit.
9. Each labour of the contractor should be insured by the contractor at his own cost. The bank will not be liable for any mishap happened to the labour(s).
10. The work should be executed on discussion with the Bank Authority so that the normal banking business be not hampered in anyway.
11. The brands and quality of materials should be verified to be proper by the Engineer-in-charge of the Bank before execution. No payment for rejected materials even for carrying etc. will be made by the Bank. Total site will remain open for inspection for the Engineer-in-charge of the Bank for inspection at any time. 
12. Any correspondence to be made with the Secretary through the Engineer-in-Charge against the work.
13. The Authority reserves the right to accept or reject any/all tender without assigning any reason.