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Tender for Civil work in basement for waterproofing at 97/1,Chandi Ghosh Road,Kolkata-40

Sealed item rate tenders are invited from Bank’s empanelled contractors, enlisted in the category of Civil works below Rs 5 lac, for Civil work in basement for water proofing at 97/1 Chandi Ghosh Road, Kolkata-40

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 program :-

Issue of tender document

From: 3.5.2008 to 13. 5.08 during working hours.

Time of completion

30days

Last date of submission of tender

On 14.05.08 up to 15.00 hrs in the tender box kept at Premises Deptt.

Opening of tender

On 14.05.2008 at 15:30 hrs

Validity of tender

60 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. However,R/A bills may be accepted/ paid for partly completion of works.
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. TDS will be deducted as per rules.

The bank reserves the right to accept or reject any or all the tenders with out assigning any reasons whatsoever.

Chief Manager

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