Notification of Award will be issued by the Tender Accepting Authority. The terms of Agreement will be discussed with the representatives of the successful Insurance Company and the company is expected to furnish a duly signed Agreement on mutually agreed upon terms and conditions in duplicate within 7 days of declaration of of contract’, failing which the contract may be offered to the ‘award next bidder in order of merit. PART-IV General Information The word means written agreement on a non-judicial stamp paper of “Agreement” “a Rs.200/- between the Board and the successful tenderer stipulating the terms and conditions governing the tender.” The means State Unorganised Workers’ Social Security Board, “Board” “Karnataka Karmika Bhavan, Bannerughatta Road, Bangalore-560029” represented by the Joint Secretary of the Board. The Secretary” means the Secretary of the Board.” “Joint “Joint Secretary means Secretary to Government, Labour Department and Member Secretary, Karnataka State Unorganised Workers’ Social Security Board. shall mean and include all the following: “Annexure” Annexure No.1: Comprehensive list of risks to be covered under the scheme Annexure No.2: Technical Bid Annexure No.3: Financial Bid Annexure No.4: Declaration by the Bidders
Notification of Award will be issued by the Tender Accepting Authority. The terms of Agreement will be discussed with the representatives of the successful Insurance Company and the company is expected to furnish a duly signed Agreement on mutually agreed upon terms and conditions in duplicate within 7 days of declaration of ‘award of contract’, failing which the contract may be offered to the next bidder in order of merit. PART-IV General Information The word “Agreement” means “a written agreement on a non-judicial stamp paper of Rs.200/- between the Board and the successful tenderer stipulating the terms and conditions governing the tender.” The “Board” means “Karnataka State Unorganised Workers’ Social Security Board, Karmika Bhavan, Bannerughatta Road, Bangalore-560029” represented by the Joint Secretary of the Board. The “Joint Secretary” means the “Joint Secretary of the Board.” Secretary means Secretary to Government, Labour Department and Member Secretary, Karnataka State Unorganised Workers’ Social Security Board. “Annexure” shall mean and include all the following: Annexure No.1: Comprehensive list of risks to be covered under the scheme Annexure No.2: Technical Bid Annexure No.3: Financial Bid Annexure No.4: Declaration by the Bidders
INSURANCE%20COMPANY%20TENDER%20-2013-14.docx