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DIRECTORATE OF SUPPLIES & DISPOSALS, HARYANA

Government of Haryana


Tenders

Release of Security

The securities are released normally after one months from the date of completion of the supply. For this purpose, Director Supplies & Disposals, Haryana has to obtain a “NO DEMAND CERTIFICATE’’ from the indenting officers .The indenting officers are supposed to send such certificate within the prescribed period of one month, but it has been found that unless specific reference is made by the Director Supplies & Disposals, Haryana to the indenting officer, “NO DEMAND CERTIFICATE’’ is not forthcoming. It is therefore, advisable for the contractor to move the case for the release of security to the Director Supplies & Disposals, Haryana immediately, after the completion of the supply so that action is taken well in time and “NO DEMAND CERTIFICATE’’ is obtained from the department without any avoidable delay.

However obtaining of “NO DEMAND CERTIFICATE’’ will depend on the contractor having made the supply in time to the entire satisfaction of the indenting officer/consignee. The contractor should, therefore, see to it if they really want the security to released without any avoidable delay, all the disputes are sorted out without any loss of time.

While making reference to this office for release of security, the contractor should attach an affidavit in the form Annexure-VII to the effect that they have made the supply completely to the satisfaction of the Indenting officer/consignee and there is no dispute in the relevant contract. This affidavit should be no No-judicial stamp paper of Rs.3/- and contain all the material particulars.

In the case of Rate Contact application for the release of security should be made only after a period of 2 months from the date of expiry of the period of the rate contract or completion of all the supplies which ever is later. In such cases, contractor should send affidavit in the form Annexure-VII complete in all respect well in time but in no case before the completion of all the supplies or 2 months from the date of expiry of the period of the contract whichever is later.

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