REINFORCEMENT OF PURANSASAN-II OLD OPERABLE LI PROJECT (TW) UNDER SSS 2026-27 IN BALIANTA BLOCK OF KHORDHA DISTRICT

• SC/ST Category Contractors seeking EMD exemption or price preference must furnish an affidavit and have a Registration certificate up to "B" Class.
• SC/ST Contractors with Degree/Diploma in Engineering are not allowed to avail both EMD exemption and price preference.
• Contractors should not have been awarded more than 2 or 3 works during the current financial year to avail EMD exemption.
• Additional Performance Security (APS) will be obtained from the selected bidder on an incremental basis if the accepted bid price is lower than the Cost Put to Tender, except for Turnkey Tenders.
• If the accepted bid price's ROPL (Rounding Off of Percentage Less) is up to (-)10%, no APS is required.
• If ROPL is below (-)10% but not below (-)20%, APS is incremented by 0.2% for every percentage of ROPL below (-)10%.
• If ROPL is below (-)20% but not below (-)30%, APS is incremented by 0.3% for every percentage of ROPL below (-)20% plus 2% of the accepted bid price.
• If ROPL is below (-)30% or more, APS is incremented by 0.5% for every percentage of ROPL below (-)30% plus 5% of the accepted bid price.
• APS shall be refunded immediately on successful completion of the work within seven (07) days of issuance of Completion Certificate/Provisional Completion Certificate.
• Additional Performance Security must be submitted within 7 working days of Letter of Acceptance (LOA) in the form of NSC/Post Office Savings Bank Account/Post Office Time Deposit Account/Kishan Vikas Patra/Bank Guarantee.
• Initial Security Deposit (ISD) of 2% of the order value (including EMD) must be furnished within 7 working days of LOA in specified forms.
• The security deposit shall be released after a guarantee period of 24 months from the date of handing over the package.
• EMD will be forfeited if the successful bidder fails to execute the agreement or furnish required performance/additional performance security within the specified time.
• If any uploaded document is found false/fabricated/bogus, the bidder will be blacklisted, and EMD/bid security forfeited.
• GST 18% will be added in the work order and deducted from the bill.
• Labour Cess @1% of the gross amount of the contractor bill will be deducted.
• Any defect within 24 months of commissioning must be rectified by the contractor within 7 days of notification; failure to do so will result in the cost being deducted from the security deposit.
• Security deposit @ 5% of the bill will be deducted and refunded after 24 months from the date of handing over.

Source: Original DTCN