Security Deposit
Security deposit is deducted from the contractor’s bill at the rate of ten percent of the final bill value which is later on released after the defect liability period is over.
- Public Works Two Types of Bituminous Overlay as Surfacing
- Finance Bank Guarantee Repository System (BGRS) by ICICI Bank
- Finance Depositing Earnest Money by Labour Co-Operative Societies
- Finance Benefit of Reduced Performance Security/ Security Deposit of 3%
- Finance Performance Security/ Security Deposit reduced to 3%
- Public Works Release of Security Deposit/ Bank Guarantee to Contractor
- Finance Additional Performance Security when Bid is 80% or Less
- Public Works Duration of Defect Liability Period in Govt. Works
- Public Works Additional Performance Security in Road Projects
- Finance Transfer of EMD to Security Deposit Head Account
- Public Works Duration of Defect Liability Period in Road Works
- Finance Refund of Tax/ Non-Tax Revenue incl. EMD/ SD Money
- Public Works Releasing Security Deposit after Completion of Work
- Public Works Procedure for Release of Security Deposit for Electrical Works
- Finance Release of Payment to Executing Agency by Administrative Dte