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Government of Utter PradeshDEPARTMENTOFMEDICAL AND HEALTHBidding DocumentForProcurement of Hospital Cleaning (Housekeeping) & Gardening Services Ref No.: UPSET/SERVICES/2008/MAINPURIProject Director U.P.
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How to fill out bid security in rupees

01
To fill out bid security in rupees, follow these steps:
02
Begin by obtaining the bid security form from the relevant authority or organization.
03
Fill in the necessary details such as the name of the bidder, contact information, and address.
04
Specify the amount of bid security required in rupees. This amount is typically a percentage of the bid or a fixed sum, as mentioned in the bidding documents.
05
Clearly mention the currency as rupees and ensure that the amount is written accurately.
06
If applicable, provide any additional information or documentation required, such as a bank guarantee or a letter of credit.
07
Review the completed form to ensure all information is accurate and legible.
08
Sign and date the bid security form, indicating your agreement to comply with the terms and conditions set by the authority or organization.
09
Submit the filled-out bid security form along with any required supporting documents to the designated authority within the specified deadline.
10
Retain a copy of the filled-out bid security form for your records.
11
Await confirmation or acknowledgment from the authority regarding the acceptance of your bid security in rupees.

Who needs bid security in rupees?

01
Various entities or individuals may require bid security in rupees, including:
02
- Government departments or agencies accepting bids for contracts or projects
03
- Private companies or organizations inviting tenders for specific services or goods
04
- Public sector undertakings or corporations conducting competitive bidding processes
05
- Infrastructure development authorities or bodies overseeing construction projects
06
- Banks or financial institutions managing loan or credit facilities
07
- Auction houses or platforms facilitating the sale of assets through bidding
08
It is important to refer to the bidding documents or instructions provided by the respective authority or organization to determine whether bid security in rupees is a requirement.

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Bid security in rupees is a monetary guarantee provided by a bidder to ensure that they will fulfill the terms of the bid if selected.
All bidders participating in the bidding process are required to file bid security in rupees.
Bid security in rupees can be filled out by providing a bank guarantee or a demand draft for the specified amount.
The purpose of bid security in rupees is to protect the procuring entity in case the selected bidder fails to honor the terms of the bid.
Bid security in rupees must include the bidder's name, address, contact information, and the amount of the security.
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