I / We have clearly understood the terms & conditions of the contract. The details furnished in the technical bid are correct to the best of my / our knowledge. I / We undertake this contract for an annual amount of Rs._______________ ( Rupees __________________________________ ) excluding service charges. However the service charges as applicable will be included in the bills raised every month.
The EMD for an amount equal to 1/12th of the Annual amount in the form of Demand Draft / Banker’s Cheque bearing No. ____________ dated ____________ is enclosed.
