Page 2 - MRT 1-2

32. In PREM total no. of representative from both federation should be 4 and 4 in zonal

divisional and headquarter.
33. Amount for compensation in case of accidental death is calculated as 50% of basic x
age factor or min 120000

34. The supervisor should be reported to his senior official within 48 hour in case of on
duty death of any staff
35. The tender amount is below 20 lakh is dealt in limited tender.

36. The tender with value less than 20 lakh is dealt under limited tender and tender with
value more than 20 lakh is dealt in open tender.
37. –DO-

38. EMD for tender with value upto 1 crore is 2% and above 1 crore is 2% + 0.5% of
balance amount
39. Security deposit amount % of total amount is 5% and performance guarantee amount
will be deposited is 5%

40. –DO-
41. After issuing LOA (Letter Of Acceptance) security deposit of 5% should be deposited,

within 15 Days
42. Performance guarantee should be deposited within 30 days after signature on contract
agreement.
43. Tender committee is formed by administration officer

44. Tender committee member should be one grade higher as compare to other tender in
case of single tender.
45. In case of expiry of tender period it may be executed upto 25% by senior

administrative officer
46. In case of extension of contract period from 25% to 40% the rate of contract will be
98% (2% less)

47. In case of extension of contract period from 40% to 50% the rate of contract will be
96%
48. In any condition period of contract cannot be extended more than 50%

49. Amount of EMD is refundable to contractors those who has not get contract
50. According to Sudhir Chandra report minimum eligibility criteria is 35% of work in
same nature in last three financial years and 150% amount of work experience is
required.

51. According to Sudhir Chandra report the value of tender amount is above 50 Lakh will
be applicable.

52. On internal tender notice will be open before 35 days
53. Tender booklet will be prepared before 30 days of opening tender.
54. Generally tender will be open after 30 days
55. Tender can be open even before 21 days if required

56. In emergency case tender can be given in 12 days on approval of FA&CAO
57. EMD of awarded contractor of tender credited as a part of security deposit