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Get Format Of Bg For Emddoc
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How to fill out the Format Of BG For EMDdoc online
Filling out the Format of Bank Guarantee for Earnest Money Deposit (EMD) is an essential step in ensuring a smooth bidding process for power procurement. This guide will help you navigate the form by providing clear instructions for each section.
Follow the steps to complete the online form accurately.
- Click the ‘Get Form’ button to obtain the form and open it in the editor.
- Enter the bank guarantee number and the date on which the guarantee is issued. These details need to be accurately filled in at the top of the form.
- Provide the name of the Bihar State Power Holding Company Limited, followed by the relevant amount based on the capacity being bid. Ensure that the rate of Rs. 30,000 per MW per month is clearly mentioned.
- Insert the name of the bidding company where indicated. This section requires the legal name and registered address of the bidder.
- Fill in the capacity being bid for, along with the specified time slots for power supply. Be sure to indicate the duration in months as per the tender requirements.
- In the sections relating to the guarantor bank, state the name and registered address of the bank providing the guarantee. Ensure this is accurately recorded.
- Complete the sections regarding the financial commitment, detailing the maximum amount the guarantor bank agrees to pay upon demand.
- Review the clauses that outline the terms of the bank guarantee, ensuring all conditions are understood and agreed upon.
- Sign the document where required, including the signatures of witnesses if applicable, and affix the bank’s stamp to validate the guarantee.
- Finally, save the changes you made to the form, and choose to download, print, or share the completed document as needed.
Start completing your documents online for a smoother submission process.
We (Name of the issuing Bank), undertake to indemnify you and keep you indemnified from time to time to the extent of Rs__________ (Rupees___________) an amount equivalent to 10% of the Contract Price against any loss or damage caused to or suffered by or that may be caused to or suffered by you on account of any ...
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