Sunday, 1 September 2013

Exemption from Payment of Earnest Money Deposit (EMD) in respect of Tenders called for by Government Departments

Finance Department has issued Order, Order No G.O.(Ms)No.126 Dated : 11.4.2007 for Exemption from Payment of Earnest Money Deposit (EMD) in respect of Tenders called for by Government Departments, State Owned Corporations, Boards, etc. In Ref of G.O.Ms. No.387, Finance (BPE) Department, Dated: 03.08.1998.
In reference to the above subject matter the Order Issued by the Government are as below.

You can also download the order copy from the following url 
tnrd.gov.in/State_Schemes/linkfiles/go_fin_126_07_pg323.pdf

ORDER

The Rural Development and Panchayat Raj Department has requested for issue of orders, exempting the Self Help Groups (SHGs) from paying the Earnest Money Deposit / Security Deposit the cost of Tender Forms and other connected documents citing such concession to Small Scale Industrial units in respect of tenders called for by the State Government Departments / State Owned Public Sector Undertaking etc., and to issue necessary exemption under the TamilNadu Transparency in Tenders Act, 1998, in this regard.
EMDExemption

2. As per the provisions of sub – rule (1) of rule 14 of the Tamilnadu Transparency in Tenders Rules, 2000 any category of tenderers can be specifically exempted by the Government from the payment of earnest money deposit. In the Government Order read above, among otherthings exemption has been granted from the Payment of Earnest Money Deposit to the Small Scale Industrial (SSI) Units registered with TamilNadu Small Industries Development Corporation (SIDCO) or National Small Industries Corporation (NSIC) in respect of those items for which the Registration Certificate has been obtained in respect of tenders called for by Government Departments, State Owned Public Sector Undertakings, Statutory Boards, Local Bodies and Co-operatives. On the same analogy, under sub – rule (1) of rule (14) of the TamilNadu Transparency in Tenders Rules, 2000 the Government specifically exempt the Self Help Groups (SHGs) who have passed the first as well as second grading conducted by the Project Officer (Mahilir Thittam), District Rural Development Agency from Payment of Earnest Money Deposit (EMD) in tenders called for by the State Government, State Owned Boards and Corporations etc., in respect of products actually manufactured by them or in respect of services actually rendered by them directly. The exemption will be made available for a period of one year and will be reviewed at the end of one year and suitable decision for further extention of the exemption will be considered based on the usefulness of such exemption.
(By order of the Governor )
K.GNANADESIKAN
SECRETARY TO GOVERNMENT
All Small Scale Industrial units needs to take part in government Tenders and need to take advantage of EMD Exemption. Get Online Tenders information from Tender Details

16 comments:

  1. Contents of this blog are good.Thanks for sharing about information about Online tenders.

    Tenders Online & Tenders

    ReplyDelete
  2. Thanks For sharing.Articles in this section of the blog are really good.

    List profile & Quality Business Listing Service

    ReplyDelete
  3. Blog is very nice, I found great information which I was searching for, some data in this website.

    Company Formation in Dubai & Company Formation in Creative city

    ReplyDelete
  4. This comment has been removed by the author.

    ReplyDelete
  5. Useful information like this one must be kept and maintained so I will put this one on my bookmark list! Thanks for this wonderful post and hoping to post more of this!

    Markenlizenzen & Lizenzgebühr(en)

    ReplyDelete
  6. I thought it was going to be some boring old post, but it really compensated for my time. I will post a link to this page on my blog. I am sure my visitors will find that very useful.

    Extension de marque & Licence de marque

    ReplyDelete
  7. I recently came across your article and have been reading along. I want to express my admiration of your writing skill and ability to make readers read from the beginning to the end. I would like to read newer posts and to share my thoughts with you.

    Cos’è il licensing di una marca & Marchi e licenziatrari

    ReplyDelete
  8. I loved this article on this web site. Would like to go to again.

    Online Tenders & Information Technology Tenders

    ReplyDelete
  9. I thought it was going to be some boring old post, but it really compensated for my time. I will post a link to this page on my blog. I am sure my visitors will find that very useful.

    Business Exercises & Business Games

    ReplyDelete
  10. This is so impressive and nice title of blog. I am always searching such type of Blog that gave some useful knowledge and relax our mind. So Very thanks for design this type of content and what are you thing at time of write. Thanks for sharing views.

    translation company & french translation canada

    ReplyDelete
  11. Articles and content in this section of the website are really amazing. Great ideas indeed! I will surely keep these in my mind!
    IMG & What is Brand Licensing

    ReplyDelete
  12. Is this GO valid till date??

    ReplyDelete