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Power of Attorney for Company Bids

This document is a power of attorney granting an individual authorization to represent a company in bids and contracts with the Government of Karnataka. It allows the attorney to submit bids, negotiate contracts, sign agreements, submit documents, correspond with authorities, and handle all matters related to bids and contracts on behalf of the company. The power of attorney remains valid until the company submits a contract performance guarantee for any contract awarded through the Karnataka government e-procurement platform.
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0% found this document useful (0 votes)
114 views2 pages

Power of Attorney for Company Bids

This document is a power of attorney granting an individual authorization to represent a company in bids and contracts with the Government of Karnataka. It allows the attorney to submit bids, negotiate contracts, sign agreements, submit documents, correspond with authorities, and handle all matters related to bids and contracts on behalf of the company. The power of attorney remains valid until the company submits a contract performance guarantee for any contract awarded through the Karnataka government e-procurement platform.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Format V : For an Individual seeking registration as lawful

attorney/Authorized Representative of the Company (Public or


Private)

[ON STAMP PAPER OF Rs. 100 & NOTARISED]


SPECIFIC POWER OF ATTORNEY

Know All Men by these Presents that I, …….. (name and address) being authorized by
……………. (name and registered address), a company duly incorporated under the
laws of the jurisdiction of its incorporation / validly existing firm (hereinafter referred to as
the “Company”) hereby appoint ……………… (name and address) as the true and
lawful attorney (hereinafter referred to as the “Attorney”) of the Company and in the
name of the Company to exercise all or any of the powers for and on its behalf in
connection with the bids which have been invited by the Government of Karnataka and
to undertake the following acts:

i) To submit proposal and participate in all tenders published and handled in the
unified e-Procurement platform (http://www.eproc.karnataka.gov.in) of
Government of Karnataka on behalf of the company.

ii) To authorize any other individual as ‘nominated user’ to submit a bid, and
subsequently negotiate and sign the Contract with any entity, agency or
department of the Government of Karnataka (hereinafter referred to as
‘Owner’) for which tenders are floated in the unified e-Procurement platform of
Government of Karnataka

iii) To negotiate with the Owner the terms and conditions including price for award
of the contract pursuant to the aforesaid Bid and to sign the contract with the
Owner for and on behalf of the Company.

iv) To receive, accept and execute the contract for and on behalf of the Company

v) To do any other act or submit any document related to the above.

vi) Hand over site to the Authorities after execution and obtain completion
certificate (as applicable);

vii) To make estimation of the work done from time to time (as applicable);

viii) To make measurements of the work done from time to time(as applicable);

ix) To draw bills in the name of the Company;

x) To receive payments in favour of the Company against the aforesaid bills from
the authorities concerned;

xi) To make correspondence with the said authorities;


xii) To submit any extra claims before the authorities relating to the work;

xiii) To appear and represent on behalf of the Company with all other authorities
such as State government, Central Government, Electricity board, Telephone
Department, RTO office, Income Tax, Sales tax, Labour Departments and such
other departments connected to the project and to carry on correspondence
with the above in respect of the contract.

xiv) To submit any bank guarantee, indemnities, earnest money deposits, etc., as
the Owner may require.”
It is expressly understood that the Power of Attorney shall remain valid, binding and
irrevocable till submission of the Contract performance guarantee in terms of all the
Contracts for which tender is floated in the unified e-Procurement platform of
Government of Karnataka. I and the company hereby agrees and undertakes to ratify
and confirm whatsoever the said "Attorney" / "Authorized Representative" quotes in the
Bid, negotiates and signs the contract with the "Owner" and / or purports to act on behalf
of the "Company" by virtue of this Power of Attorney and the same shall bind the
Company as if done by itself.

“IN WITNESS WHEREOF, I, ……… have signed these presents on this the ....
day of …………., ……….

EXECUTANT

WITNESSES:

1. Signature ………………

Name………………….
Designation……………
Occupation…………….

2. Signature ………………

Name………………….
Designation……………
Occupation…………….”

CONFIRMED:

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