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Disclaimer for Payment Gateway

Disclaimer for Payment Gateway

Hindustan Shipyard Limited (HSL), a Govt. Of India Defence undertaking procure various materials and services required for their various projects under construction by issuing tenders including Open/Global/Public tenders to Indian and Foreign Vendors.

The side Vendors are required to pay Earnest Money Deposit(EMD) and Tender Fee at the time of submission of the bids. Payment of EMD and Tender fee are the essential pre-requisites for consideration of their offers(except the exempted category of Vendors).

HSL has authorised Bank of India (BOI), another Govt. Of India Undertaking to collect the EMD and tender fee on their behalf and for arranging refund of EMD as per the instructions of HSL and the BOI provides the services through their Payment Gate Way Provider M/s. Bill Desk. BOI collect the service charges from the bidders directly.

HSL entered into an MOU with BOI on 04 JUL 2017 specifying the above functions.

Issuing Tenders, specifying EMD and tender fee amount and its resultant awarding of contracts are the responsibility of HSL. Neither BOI, nor Bill Desk do not have any connection in these matters.

Bol and Bill Desk provide their service in accordance with the MOU mentioned above. Their responsibility is only limited to the functions specified in the said MOU/collection of EMD and tender fee and refund of EMD based on the instructions of HSL.

Our refund/cancellation rules will be tender specific.