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Andhra Pradesh Airports Development Corporation Limited (Apadcl)

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Andhra Pradesh Airports Development Corporation Limited (Apadcl) ANDHRA PRADESH AIRPORTS DEVELOPMENT CORPORATION LIMITED (APADCL) SELECTION OF INDEPENDENT ENGINEER FOR DEVELOPMENT OF GREENFIELD AIRPORT AT DAGADARTHI, NELLORE DISTRICT IN ANDHRA PRADESH Notice No: 1/ APADCL/ SPSR NELLORE AIRPORT–IE/ 2018, Dated: 23rd October 2018 Amendment 1 Dated 09/11/2018, to RFP Notice No. 1/ APADCL/ SPSR NELLORE AIRPORT– IE/ 2018, Dated: 23rd October 2018 Format of Bank Guarantee (Bid Security) BG NUMBER : BG AMOUNT : ISSUE DATE : EXPIRY DATE : CLAIM DATE : Bank Guarantee: Date: ANDHRA PRADESH AIRPORTS DEVELOPMENT CORPORATION LIMITED 310-2-1, 1st Floor, FDC Complex, AC Guards, Hyderabad- 500028 In accordance with Letter Inviting Tender for “SELECTION OF INDEPENDENT ENGINEER FOR DEVELOPMENT OF GREENFIELD AIRPORT AT DAGADARTHI, NELLORE DISTRICT IN ANDHRA PRADESH “(1st Call)” hereinafter called “the tender”). ……………………………………..having their registered office at …………………………………………………………………………………………………………….. (hereinafter called the Tenderer) wish to participate in the said tender. As an irrevocable Bank Guarantee against Bid Security for the amount of Rs. …………… (Rupees……………………. Only) is required to be submitted by the Tenderer as a condition precedent for participation in the said tender which amount is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document. We, [name of the Bank] a Banking Company incorporated under Companies Act, 1956, having their Registered office at …………………………………, C.S. No. …………………………………………………… and acting through its Branch Office at [bank branch]- ……………………………..(hereinafter referred to as “THE BANK” or” GUARANTOR” or “SURETY” which expression shall, unless repugnant to the context or meaning thereof, include its successors and assigns) guarantees and undertakes to pay immediately on demand without any recourse to the tenderers by Andhra Pradesh Airports Development Corporation Limited, the amount Rs. …………………(Rupees …………………..Only). without any reservation, protest, demur and recourse. Any such demand made by APADCL, shall be conclusive and binding on us irrespective of any dispute or difference raised by the Tenderer. This guarantee shall be unconditional and irrevocable and shall remain valid upto ……… If any further extension of this guarantee is required, the same shall be extended to such required period on receiving instructions from …………………..[Bidder name] whose behalf this guarantee is issued. Notwithstanding any contained herein: Our liability under this Bank Guarantee shall not exceed Rs. ……………… (Rupees ……………….Only) The Bank Guarantee shall be valid up to ……… We are liable to pay the guaranteed amount or any part thereof under this Bank Guarantee only and if you serve upon us a written claim or demand on or before ……… All claims under the Guarantee to be presented in original & payable at [Bank name], Trade Finance………………………………………………………… This guarantee will be returned to us as soon as the purpose for which it is issued is fulfilled. The BG Confirmation Letter No. …………………… is an integral Part of the BG No. ……………………… Dated ………………….. For [Bank name]…………………………… For [Bank Name]……….. …………………………………………………….. ………………………………….. Authorised Signatories Authorised Signatories Witness: 1 Witness: 2 .
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