Common use of A SECURITY DEPOSIT Clause in Contracts

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. Rs. 70,000/- towards the Security Deposit. (ii) Rs. 35,000/- is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive Engineer, Public Works(Tribal) Division, Chandrapur towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- will be deducted from the running bills at 1 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. Rs. 70,000/- pay Rs.278349/- towards the Security Deposit. (ii) Rs. 35,000/- Rs.278349/- is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive EngineerEngineer Minor Irrigation Division Zilla Parishad,Akola, Public Works(Tribal) Division, Chandrapur towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- 278349/- will be deducted from the running bills at 1 2 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. pay Rs. 70,000/- towards 48,300 /-towards the Security Deposit. (ii) Rs. 35,000/- 19500/- is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive EngineerSecretary, Public Works(Tribal) Division, Chandrapur District Integrated Health & Family Welfare Society,Akola Akola towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- 28800/- will be deducted from the running bills at 1 5 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. pay Rs. 70,000/- towards 100000 /-towards the Security Deposit. (ii) Rs. 35,000/- 50000/- is to be deposited in cash or bank guarantee of scheduled or Nationalised bank, F.D.R. of the scheduled or Nationalised bank / National Saving Certificate duly pledged in the name of the Executive Engineer, Engineer Public Works(Tribal) Division, Chandrapur Works Division No 1 Nagpur towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 D-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- 50000/- will be deducted from the running bills at 1 4 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. pay Rs. 70,000/- towards 97,740 /-towards the Security Deposit. (ii) Rs. 35,000/- 48,870/- is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive Engineer, Engineer Public Works(Tribal) Division, Chandrapur Works Division No 1 Nagpur towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- 48,870/- will be deducted from the running bills at 1 4 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. Rs. 70,000/- pay Rs.488000/- towards the Security Deposit. (ii) Rs. 35,000/- 244000/- is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive Engineer, Public Works(TribalEngineer Integrated Unit (M) Division, Chandrapur P.W Nagpur towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- 244000/- will be deducted from the running bills at 1 2 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.

A SECURITY DEPOSIT. (i) The successful tenderer whose tender is accepted will have to pay. pay Rs. 70,000/- towards 20,000/-towards the Security Deposit. (ii) Rs. 35,000/- is 10,000/-is to be deposited in cash or bank guarantee of scheduled bank, F.D.R. of the scheduled bank / National Saving Certificate duly pledged in the name of the Executive Engineer, Public Works(Tribal) DivisionWorks Division No.1, Chandrapur Nagpur. towards the initial Security Deposit, valid within the time limit prescribed in clause 1 of B-1 D Form, agreement till completion of defect liabilities period failing which his ▇▇▇▇▇▇▇ money will be forfeited to Government. (iii) In addition to the above, an amount of Rs. 70,000/- will 10,000/-will be deducted from the running bills at 1 4 % of value of the ▇▇▇▇▇ ▇▇▇▇ towards balance security deposit. This is a compulsory deduction.