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Tender for internal painting of 72 flats at Ashabari Complex at Patauli Township , Baisnabghata ,Kolkata

Sealed item rate tenders are invited from bank’s empanelled civil contractors for internal painting of 72 nos Bank’s flats in FF & GG blocks in ASHABARI Complex at Baisnabghata, Patauli Township, Kolkata. . Tender documents may be collected from and submitted to the Bank’s Premises Deptt., Head office 2, N.S.Road Kolkata, 700 001 as per following programme:

Issue of tender document From: 24.07.08 to 05.08.2008 during working hours of the Head office.
Earnest money deposit Rs 10,000/ in form of Banker’s cheque/DD favoring Allahabad bank payable at Kolkata
Time of completion 45 days
Submission of tender On 06.08.08 up to 1500 hrs
Opening of tender On 06.08.08 at 1530 hrs
Validity of tender 90 days
Liquidated damages for delay 1% of the accepted contracted value per week and part thereof subject to maximum of 10 % of the accepted contracted amount accrual of which entitles the bank to rescind the contract.
Payment terms: No advance payment will be made. Running bills may be paid after production of bill value of minimum 3 lacs.

10% retention amount will be deducted from the bill for six months from the date of virtual completion.

Final payment after completion of satisfactory completion of work will be released.

The bank will not be bound to accept the lowest tender and reserves the right to accept or reject any or all the tenders with out assigning any reasons whatsoever.

Asst General Manager

 

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