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indemity bonds new 01012013
indemity bonds new 01012013
INDEMNITY BOND
KNOW all men by these presents that I/We Gaurav Enterprises, -------------------------------------
(Name of Contractor with address) do hereby execute Indemnity Bond in favour of Aarti
Gaurav CHS Ltd. having their office at ______________
2. Any damages, loss or expenses due to or resulting from any negligence or breach
of duty on the part of me / us or any sub contractor/s if any, servants or agents.
4. Any act or omission of mine / ours or sub-contractor/s if any, our / their servants or agent
which may involve any loss, damage, liability, civil or criminal action.
5. I/We __Gaurav Enterprises (Name of the Contractor) hereby do indemnity and save
harmless Aarti Gaurav CHS having its office at
_____________________________________from any claims by the State Government
Department responsible for collection of royalty for minor minerals like red
bajri, stone, kankar , Sand,etc., on non-payment of royalty as due for the minor minerals used
in the execution of the contract, in terms of provisions of the relevant State Act and Rules
made thereon.
1.______________
2.______________
FORM OF AGREEMENT
(ON NON JUDICIAL STAMP PAPER OF APPROPRIATE VALUE)
Agreement No. ________ dated _________
WHEREAS the Employer is desirous that certain works should be executed viz. (brief
description of the work) _____ and has by Letter of Acceptance dated ____ accepted a
tender submitted by the Contractor for the execution, completion, remedying of any
defects therein and maintenance of such works at a Contract Price of Rs. 1400 per sq.ft.
saleable built up+ 5% escalation cost.
IN WITNESS whereof the parties hereto have caused their respective common seals to be
hereinto affixed (or have herewith set their respective hands and seals) the day and year first
above written.
SIGNED, SEALED AND DELIVERED BY