Corrigendum Jalgaon City Municipal Corporation, Jalgaon, Maharashtra
October, 15th 2020
The Payment of earnest money should be done online in favour of Commissioner, Jalgaon City Municipal Corporation Jalgaon. The bidders who will not pay EMD in the above acceptable forms, their bids will be summarily or rejected/ liable for rejection.
THE AMOUNT OF EARNEST MONEY:
The amount of earnest money will be refunded to the unsuccessful tenderer after the decision of acceptance of tenders or on expiry of the validity period whichever is earlier. In case of the successful tenderer, EMD shall be refunded on the payment of initial security deposit and completion of tender procedures or shall be transferred toward the part of security deposit, after award of the work. If successful tenderer doesn’t pay the security deposit in the prescribed time limit as suggested in the tender, earnest money deposit will be forfeited.