Wednesday, June 10, 2015

IREPS e-Tender: How to pay the Earnest Money Deposit (EMD) for Global Tender in IREPS?

Earnest Money Deposit (EMD) can be paid through manual payment or exempted. Vendors can pay the EMD amount through manual payment in INR or USD or in any other currency by selecting the currency from drop down. EMD amount can be paid in parts also.
  • Manual Payment: Manual payment can be made by vendor for EMD amount through Banker’s Cheque, Cash Receipt, DD, Pay Order and Others. For M&P tenders you will get one more option Bank Guarantee to pay the EMD amount. To submit the payment details vendor user need to select the instrument type and give the other details like instrument number, date etc. and click on submit button.
After successful submission vendor users get the receipt with transaction id and date/time for their reference.

  • Exempted: Vendor user can select the mode of payment as exempted. Registration Certificate from approved agency should be already uploaded by the vendor for exemption. 

Note: For Indigenous tenders vendors can pay the EMD in INR by same process as described above. The difference will be only that there will not be any option for choosing a currency other than INR. For more details please Click Here.

IREPS: Indian Railways e-Procurement System

2 comments :

  1. I have already registered MSME, am i exempt from EMD for all tenders placed by IRCTC.

    Anyone clarify please.

    ReplyDelete
    Replies
    1. Several categories of vendors like MSME firms, Firms registered with the zonal railway for the tendered item, Firms approved by RDSO/ PUs etc. for the tendered item etc. are exempt from payment of either Earnest Money or Tender Document Cost. Such bidders can claim exemption by selecting the Claim Exemption option on the payments page.

      Bidders are advised to read the tender documents carefully and satisfy themselves about their eligibility for such exemption as is being claimed, as claiming exemption wrongly may render their offer liable to be ignored.

      Please select the applicable exemption category / subcategory and then click on the Click Here link to upload the supporting document for claiming exemption. The process of uploading document and then submitting the other details is the same as explained for uploading of documents and submission of details for manual payments.

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