1. Maximum 3% on the “Tender Value” shall be allowed as Contingency to determine the “Estimated Cost”. 2. Authority to accept the tender where the value/rate quoted by the Bidder [L1] is above the “Tender Value” [i.e. amount put to tender]: (i) Maximum 5% excess of “Tender...
And whereas, the proposal for repealing West Bengal Lifts and Escalators Act, 1955 alongwith amendments and to introduce West Bengal Lifts, Escalators and Travelators Bill 2019 in place of the repealed Act was under active contemplation of the State Government; And whereas, the proposed Bill was...