- Departments / Centres
TENDER NOTICE NO: 5/2006
Sealed tenders are invited by the Registrar i/c, National Institute of Technology, Tiruchirappalli – 620 015, from registered and Prequalifed Contractors of NITT state P.W.D., C.P.W.D. M.E.S. and/or other state/Central government /Under takings and of appropriate class in item rate agreement form up to 3-00 P.M on 03.03.2006 for the work of "Rendering house keeping works in NITT Hostels".
Approximate value of items put to tender is Rs.15,00,000/-. This is only for general guidance.
The Tender schedule with specifications can be downloaded from the website of http://www.nitt.edu/tender/ Tenders should be accompanied by a crossed demand draft for Rs.548/- (Rupees five hundred and forty eight only) towards tender schedule per tender (non-refundable) and another crossed demand Draft for Rs.40,000/- (Forty thousand only) towards Earnest Money Deposit each drawn in favour of The Director, National Institute of Technology, Tiruchirappalli - 620 015 payable at Tiruchirappalli. Tenders received without these two DDs will be summarily rejected. Completed Tenders received in time will be opened at 4.00 P.M. on 03-03-2006 in the presence of Tenderers or their authorized agents.
The following conditions should be applicable for value of works more than Rs.10.00 lakhs
1. In case the quoted value for civil works is less than 85% of Market value, then the contractor has to remit an amount equal to the difference between the quoted value and 85% of market value as a caution deposit at the time of entering into the agreement (e.g.) if the quoted value is 75% of market value then 10% of market value (85%-75%) is caution deposit.
2. In case the quoted value for electrical works is less than 80% of the market value then the contractor has to remit an amount equal to the difference between the quoted value and 80% of market value as a caution deposit at the time of entering into agreement (e.g.) If the quoted value is 75% of market value then 5% of market value (80%-75%) is caution deposit.