If the tenderer fails to supply the articles within the stipulated date, time and in quality as per the supply order, the undersigned reserves every right to purchase the articles from the open market or get the rest of the contract completed from person or firm and the difference of price if any, shall be deducted from the earnest money / security deposit and in any case any amount in excess of the security money deposit the contractor shall be liable to pay the amount and to those applicable. In case of any dispute the decision of the PAC, JNV, Yetapaka, East Godavari-II will be final. Payment will be made by means of Money transfer through electronic mode after completing the supply within 30 days to 60 days or as per the funds availability. The supplier should mention the following details to make payments through money transfer from vidyalaya account and preferably an account from State Bank of India. ACCOUNT HOLDER NAME BANK ACCOUNT NAME OF THE BANK FOR WHICH PAYMENT TO Branch Name IFSC CODE NO. NO. WITH CODE NO. BE MADE The successful Tenderer has to deposit an amount of Rs._________(in words___________________________________) as EMD/SD, which will be returned in March/April-2019 (refer point S.no. 25 and adhere to it) As per the Govt. of India orders, the required items will be purchased from the web portal of GeM(Govt. E Market Place) as per the directions of samiti. In that case tenderer will not have any claim, of few items. Encl: 1) List of Articles 2) Certificate of Acceptance 3) Check List PRINCIPAL CERTIFICATE OF ACCEPTANCE I / We certified that the terms & conditions stated above from Para (1) to Para (28) are fully understood and accepted by me / us.
If the tenderer fails to supply the articles within the stipulated date, time and in quality as per the supply order, the undersigned reserves every right to purchase the articles from the open market or get the rest of the contract completed from person or firm and the difference of price if any, shall be deducted from the earnest money / security deposit and in any case any amount in excess of the security money deposit the contractor shall be liable to pay the amount and to those applicable. In case of any dispute the decision of the PAC, JNV, Yetapaka, East Godavari-II will be final. Payment will be made by means of Money transfer through electronic mode after completing the supply within 30 days to 60 days or as per the funds availability. The supplier should mention the following details to make payments through money transfer from vidyalaya account and preferably an account from State Bank of India. ACCOUNT HOLDER NAME FOR WHICH PAYMENT TO BE MADE BANK ACCOUNT NO. NAME OF THE BANK WITH CODE NO. Branch Name IFSC CODE NO. The successful Tenderer has to deposit an amount of Rs._________(in words___________________________________) as EMD/SD, which will be returned in March/April-2019 (refer point S.no. 25 and adhere to it) As per the Govt. of India orders, the required items will be purchased from the web portal of GeM(Govt. E Market Place) as per the directions of samiti. In that case tenderer will not have any claim, of few items. Encl: 1) List of Articles 2) Certificate of Acceptance 3) Check List PRINCIPAL CERTIFICATE OF ACCEPTANCE I / We certified that the terms & conditions stated above from Para (1) to Para (28) are fully understood and accepted by me / us.