PAYMENT OF EMD Clause Samples

The 'Payment of EMD' clause requires bidders or participants to submit an Earnest Money Deposit (EMD) as part of the bidding or tendering process. Typically, this deposit is a specified sum of money paid upfront to demonstrate the bidder's seriousness and commitment to the process, and it may be forfeited if the bidder withdraws or fails to fulfill certain obligations. The core function of this clause is to deter frivolous bids and ensure that only genuine, committed parties participate, thereby protecting the interests of the entity inviting the bids.
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PAYMENT OF EMD. 5.1 The tenderer should pay an EMD amount of Rs.40,000/- (Rupees Fourty Thousands only )can be paid through online in TN Tender portal under “Tamilnadu Co- operative milk producers Federation Ltd”.
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PAYMENT OF EMD. 5.1. The tenderer should pay an EMD amount of Rs.20,000/- (Rupees Twenty Thousands only ) by way of Demand Draft/ Bankers cheque from a Nationalized/Commercial bank drawn in favour of the Joint M anaging Director, TCMPF Limited, Chennaipayable at “Chennai”. The tender not accompanied with Demand draft towards the prescribed amount enclosed with the Part I Technical bid will not be considered. If the tender is submitted through e – tendering, then the EMD should be dropped in the tender box before the closure time.
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PAYMENT OF EMD. 5.1 The tenderer should pay an EMD amount of Rs. 20,000/- (Rupees Thirty Thousand only) by means of online payment only.
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PAYMENT OF EMD. 5.1 The tenderer should pay an EMD amount of Rs. 30,000/- (Rupees Thirty Thousand only) by means of online payment only.
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PAYMENT OF EMD. 5.1 The tenderer should pay an EMD amount of Rs.50,000/- (Rupees Fifty Thousand only) by way of Demand Draft/ Bankers cheque from a Nationalized/Commercial bank drawn in favour of the Joint Managing Director, TCMPF Limited, Chennaipayable at “Chennai”. The tender not accompanied with Demand draft towards the prescribed amount enclosed with the Part I Technical bid will not be considered. If the tender is submitted through e – tendering, then theEMD can also be paid through online in TN tender portal under “Tamilnadu Co- operative Milk Producers Federation Ltd”.
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PAYMENT OF EMD. 5.1 The tenderer should pay an EMD amount of Rs.30,000/- (Rupees Thirty Thousand only) by means of online payment only. 5.2. If the tenderer claiming exemption from the payment of ▇▇▇▇▇▇▇ money Deposit, EMD should furnish necessary valid documentary proof for SSI registration in the form of Entrepreneurs Memorandum Part – II as per new system and its accessories MSMED Act 2006 of Tamilnadu small Industries Development Corporation/ the District Industries centre of Directorate of Industries and Commerce/Udyog Aadhar Memorandum (UAM) in respect of those items for which the registration certificate has been obtained and tenders called for the Federation. 5.3. In respect of SSI units located outside (Tamilnadu), such of these units registered with NSIC in respect of items manufactured by them for with tenders have been called for alone will be granted exemption from the EMD.
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PAYMENT OF EMD. The tenderer shall pay an EMD of Rs. 19000 /-( Rupees Nineteen Thousand only) by way of online payment only.
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