Tender ID AHM/GAO-2/09102024

Date 09-10-2024

STATE BANK OF INDIA

INVITES OFFERS

FOR HIRING OF PREMISES

FOR
Idar Branch, District Sabarkantha - 383 430

Last date for submission of Tenders: 15:00 hours on 29.10.2024

Opening of Tenders: 15:00 hours on 30.10.2024

Offers To Be Submitted To:-

The Assistant General Manager,

State Bank of India
Regional Business Office 2, 4th Floor, Admin Office Building,
Sector 10 B, GANDHINAGAR 382010

OFFER SUBMITTED BY:

Name : ____________________________________
Shrinivash Vanzara

Address : ____________________________
31-67, Asarwa Road Gujarat India

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 NOTICE INVITING OFFER

COMMERCIAL/ OFFICE SPACE REQUIRED ON LEASE

SBI invites offers for shifting of Idar Branch (Gujarat) from owners for premises on lease/rental basis
for Commercial / Office use having built up area of 3000 sq.ft. +/- 10% on ground floor located within
the radius of 2 Km from existing SBI, Idar Branch on main road with adequate parking space for
customers for 02-four wheelers and 10-two wheelers and Covered parking space for 01-four wheeler
and 15-two wheelers for staff. The offerer shall provide space of 80 sq.ft to 100 sq.ft. for installation and
running of the generator within the compound and space for installation of V-SAT device on the terrace
at no extra cost to the Bank and No separate payment shall be paid for these facilities.

Preference will be given to the building on ground floor only and also which are ready for
possession. However, open space/ under construction building may also be considered if they
will be ready for possession within six months.

The format for submission of the technical offer containing detailed parameters, terms and conditions
and price offer can be downloaded from website www.sbi.co.in under procurement news Link
https://bank.sbi/web/sbi-in-the-news/procurement-news.

This offer consists of two parts viz. the Technical Offer having terms and conditions, details of offer and
the Price Offer. Duly signed and completed separate Technical and Price Offers are to be submitted for
each proposal using Xerox copies in case of multiple offers.

The Envelope (A) contains Technical Offer with necessary supporting documents.

Envelope (B) contains Price Offer for the proposal should be enclosed in separate sealed envelope
and these two envelopes be placed in a single cover superscribing
“Offer for leasing of Premises for SBI Idar Branch“ and should be submitted to

The Assistant General Manager,

State Bank of India
Regional Business Office 2, 4th Floor, Admin Office Building,
Sector 10 B, GANDHINAGAR 382010

The offerer shall clearly mention their contact number and active e-mail ID on the envelope.

 Preference will be given to the premises owned by the Govt. Departments / Public Sector
Units.

 The SBI reserves the right to accept or reject any offer at any stage without assigning any
reasons thereof.

 Only authorized representative on behalf of offerer, carrying authority letter or power of

attorney with him/ her along with photo ID and address proof shall be allowed to attend any
meeting/ offer opening.
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  No offerer / representative shall be allowed to attend the meeting/ offer opening with mobile
phones.

IMPORTANT POINTS OF PARAMETERS -

1 Type Of Building Commercial

2 BUILT UP AREA Built up area of 3000 sq.ft.+/- 10% ground floor only.
3 Covered Parking Space 1 Four wheeler & 15 Two wheelers
4 Open parking area Sufficient open parking area for customers/visitors for 02-four
wheelers &10-two wheelers
5 Amenities 24 hours potable water supply facility, Electricity, Generator power
back up for essential services like lift, pump etc.
6 Possession Ready possession / occupation within six months
7 Premises under Construction Will be considered if they will be ready for possession within
/Open Plots six months.
8 Desired location Located within the radius of 2 Km from existing SBI, Idar Branch on
main road with adequate parking facility for customers for 02-four
wheelers &10-two wheelers and Covered parking space for 01-four
wheeler and 15-two wheelers. The entire space should preferably
be on single floor only. The offerer shall provide space of 80 sq.ft to
100 sq.ft. for installation and running of the generator within the
compound at no extra cost to the Bank and No separate payment
shall be paid for these facilities.
9 Preference (i)Premises duly completed in all respect with required occupancy
certificate and other statutory approvals of local civic authority
(ii) Ground floor only
(iii) Govt. Departments / PSU / Banks
10 Unfurnished premises Only unfurnished premises will be considered and Bank will do the
interior and furnishing work as per requirement.
11 Period of lease Lease in the bank’s prescribed format for initial period of 5 years
with an option to Bank to renew for further period of 5 years at
predetermined increase in rent @ 15 - 25% after expiry of initial
term of 5 years, total lease period 10 years.
12 Selection procedure Techno-commercial evaluation by assigning 70% weightage for
technical parameters and 30% weightage for price offer.
13 Validity of offer 6 (Six) months from the last date of submission of the offer (which
may be extended due to exigency)
14 Stamp duty / registration To be shared in the ratio of 50:50.
charges of Lease Deed

TERMS AND CONDITIONS

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1.1 The entire property shall belong to same set of owners. The offerers should have clear and
marketable title to the premises offered and furnish legal title report from the SBI empanelled
advocate at his own cost. The successful offerer shall have to execute the lease deed as per the
standard terms and conditions finalized by the SBI. Stamp duty and registration charges of the
lease deed will be shared equally (50:50) by the lessors and the Bank. The initial period of
lease will be 5 years and will be further renewed for 5 years at the discretion of bank (viz. total
lease period 10 years) with requisite exit clause available to the Bank only to facilitate full / part
de-hiring of space by the Bank during the pendency of the lease. However such exit clause shall
not be available to the Lessors. As regards increase or decrease in rents payable, increase in rent
if any shall be subject to market conditions & to a maximum ceiling of 25% after initial term of 5
years is completed.

1.2 Offers received after due date and time i.e. 29.10.2024 after 15:00hours shall not be
considered for any reason whatsoever.

1.2 The offerers are required to submit the offer documents in separate envelope super scribed on top
of the envelope as Technical or Commercial as the case may be (TECHNICAL OFFER (Envelope
-"A") AND PRICE OFFER (Envelope -"B") duly filled in with relevant documents/information at
the following address:

The Assistant General Manager,

State Bank of India
Regional Business Office 2, 4th Floor, Admin Office Building,
Sector 10 B, GANDHINAGAR 382010

1.4 All columns of the offer documents must duly filled in and no column should be left blank or filled
with vague/ambiguous information. All pages of the offer documents (Technical and Price Offer) are to
be signed by the offerer/authorized signatory. Any over-writing or use of white ink is to be duly
authenticated under full signature of the offerer/authorized signatory. The SBI reserves the right to
reject the incomplete tenders or defective tenders. The SBI also reserves right to reject any or all the
tenders at any stage or to cancel the entire offer process without assigning any reasons to any offerer.
The Bank shall not be liable for any payment/compensation/rent/opportunity loss etc to the offerer upon
such rejection or cancellation of offer process. Bank’s decision in this regard shall be final and binding
on all the offerers. In case of any dispute, jurisdiction of Court in all cases shall be in Idar only till
finalization of the successful offer.

1.5 There should not be any deviation in terms and conditions as have been stipulated in the tender
documents. In case the space provided in the offer document for filling information is found insufficient,
the offerers may attach separate sheets, duly signed by the offerer/ authorized representative, after
putting remark to this effect in the provided place.

1.6 The offer should remain valid at least for a period of 6 (Six) months (which may be extended in
case of exigency) to be reckoned from the last date of submission of offer i.e. 29.10.2024. The Bank
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 shall not be liable for any payment/compensation/rent/opportunity loss etc to the offerer upon such
rejection or cancellation of offer process.

1.7 The Technical offers will be opened on 30.10.2024 at 15:00 Hrs in the presence
of tenderers who wish to be present in the office of

The Assistant General Manager,

State Bank of India
Regional Business Office 2, 4th Floor, Admin Office Building,
Sector 10 B, GANDHINAGAR 382010

No separate intimation will be sent to the bidders for the same. In case, the day of
opening of Technical offers is declared a holiday, the Technical Offers shall be opened
on the next working day at same time.

1.8 The SBI reserve the right to accept or reject any or all the tenders without assigning any
reason thereof.

1.9 Canvassing in any form will disqualify the offerer. No broker shall be allowed to attend any meeting/
offer opening. Only authorized representative on behalf of offerer, carrying authority letter/power of
attorney with him/ her along with photo ID and address proof shall be allowed to attend any meeting/
offer opening.

1.10 The short listed offerer will be informed by the SBI on the contact details given by them over the
envelope, for arranging site inspection of the offered premises.

1.11 Preference will be given to the exclusive building/floor in the building having ample parking space
in the compound / basement of the building. Preference will also be given to the premises owned
by the Govt. Departments / Public Sector Units.

1.12 Preference will be given to the buildings as well as offered premises on the main road.

1.13 Premises to be away from fire hazardous establishments like petrol pump, gas godown, chemical
shops & high tension electrical wires etc. Premises should not be located on low lying area, water
logging area.

1.14 The details of parameters and its weightage for technical score have been incorporated in
Annexure I. The selection of premises will be done on the basis of Techno Commercial Evaluation.
Equal weightage i.e., 70% weightage will be given for Technical parameters and 30% for Price Offer.
The score finalized by Committee of the SBI in respect of technical parameters will be final and binding
on the offerers and no representation in this regard shall be entertained. The SBI may negotiate the
rent with successful offerer to reduce the offered rent.

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The offerer who is declared as successful in the combined result of technical and financial offers shall
be required to execute lease deed in the bank’s prescribed lease deed format. No request for any
deviation in the terms and conditions stipulated in the draft lease deed shall be entertained.

Income Tax and other statutory clearances shall be obtained by the lessors at their own cost as
and when required. All payments to the lessor shall be made by Account Payee Cheque or
RTGS/NEFT.

1.15 The income tax and other taxes as applicable will be deducted at source while paying the rentals
per month. All taxes, cess, service charges shall be borne by the landlord. However, the GST, if
applicable, shall be borne by the Bank. While renewing the lease, the effect of subsequent
increase/decrease in taxes and service charges shall be taken into account for the purpose of fixing the
rent.

The landlord shall submit the bill to the SBI Idar Branch every month for the rent due to them indicating
the GST component also in the bill separately. The bill also should contain the GSTIN number of the
landlord, apart from name, address etc. of the landlord and the serial number of the bill, for the bank to
bear the burden of GST otherwise, the GST if levied on rent paid by landlord directly, shall be
reimbursed by the SBI Idar Branch to the landlord on production of such payment of tax to the Govt.
indicating name, address and the GST registration number of the landlord.

1.16 Mode of measurement for premises is as follows:

Rental will be paid on the basis of built up area (outer to outer walls) which will be jointly measured by
SBI and landlord.

Components/ Areas like Lift, Lift wall, Ducts, Service shafts, staircase, Balcony, Projection, Terrace,
parking space, space for DG set, etc. will not be counted in built up Area. Landlord is advised to quote
the rates as per Built up area while filling the price offer.

The offerer shall submit Built-up area measurement sheet along with the application/offer. The
proposals without Built-up area calculations may be rejected.

1.17 The floor wise area viz. Ground, First, if any, etc with the corresponding rate for rent/taxes should
be mentioned in the Price Offer. The number of car parking spaces and two wheelers offered should be
indicated separately. Rent shall be quoted on built-up area basis only, taking into account the parking
space, area for installation of generator and VSAT etc., and no separate rent shall be paid for these
facilities.

1.18 The lessor should arrange to obtain the municipal license/NOC/approval of layouts etc from Local
Civic Authority/collector/town planning etc. for carrying out the interior furnishing of the premises by the
Bank. Lessor should also obtain the completion certificate from Municipal authorities after the
completion of interior furniture work. The required additional electrical power load of approximately 30
to 35 KW (or more if required) will also have to be arranged by the lessor at his/her cost from the State
Electricity Board or any other private electricity company in that area etc. and NOC and the space
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required for installation and running of the generator will also have to be provided within the compound
by the lessors at no extra cost to the Bank and will not be considered in rent area.

1.19 Lessor should obtain and furnish the structural stability certificate from the licensed structural
consultant at his own cost. No separate payment shall be made to the landlord for this purpose. The
Lessor shall provide space for installation of V-SAT device on the terrace of the selected/
finalized premises and direct/suitable access for reaching the place for repair and maintenance.
This area will not be considered in rent area and No separate payment shall be made to the
landlord for this purpose.

1.20 The lessor shall obtain/submit the proposal to Municipal Corporation/Collector/town planning etc.
for the approval of plans immediately after receipt of approved plans along with other related
documents so the interior renovation work can commence.

1.21After the completion of the interior works etc. the lease agreement will be executed and the rent
payable shall be reckoned from the date of occupation. The lease agreement will include inter-alia, a
suitable exit clause and provision of de-hiring of part/full premises.

1.22 Rent should be inclusive of all present and future taxes what so ever, Municipality charges, society
charges, Maintenance charges and all other charges except the GST which will be paid extra.

1.23 Electricity Charges will be borne by the Bank but water supply should be maintained/ arranged by
Landlord/ owner.

1.24 All kind of civil work (additional / alteration) will be carried out by the owner as per advise of the
Bank such as ATM Room, Toilets & sanitary works, Store room / record room, Stationary Room, Pantry
with all accessories and doors etc. (additional / alteration) as per Bank’s requirements, Cash Room with
cash room door and ventilation as per Bank’s specifications, server room & UPS room made up of brick
work, Locker Room(RCC locker room as per Bank’s guidelines) as per Bank’s design and specifications
however the door and ventilator shall be provided by the Bank, Rolling shutter with central lock &with
toughened fixed glass and glass door at outside opening which are not to be closed with brick walls,
collapsible grill door at entry, front façade including glass glazing, external ACP paneling as per Bank’s
design, ramp with S.S (grade 304) railing for disabled/old people, double charged vitrified tile flooring,
brickwork, plaster, inside and outside painting with acrylic emulsion paint / synthetic enamel paint /
exterior apex etc., windows, safety grill over all glazings / openings, anti termite treatment etc as
advised by the Bank directly or through Bank’s appointed Architect will be carried out by landlords’ at
their own cost before handing over possession to the Bank, Landlords will submit approved plan,
Competent Authority permission, structural stability and soundness certificate, fire fighting work before
possession by the Bank. Rent should be inclusive of all civil works.
The owner shall carry out civil, sanitary and electrical, repair/ maintenance works and ensure the roof
remains water-tight during the lease period. In case the above repairs are required and the owner/s fails
to attend to the same, the Bank will carry out necessary repairs at the risk and cost of the owner(s) and
deduct all such relative expenses from the rent payable to the owner(s).
Note- Owner of the Building is sole responsible for the construction and stability of Premises. Structural
Stability Certificate by Competent Structural Engineer should be given to the Bank at no extra cost.

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1.25 Interior works like loose furniture, drywall partition system, cubicles, cabins, false ceiling, AC,
Lighting fixtures, signage, compactors for storage, electrical wiring and proper earthing for interior
works etc. will be done by the Bank as per requirement.

Plastic paint of walls, ceilings, enamel painting of doors and windows etc. as per the Bank’s instructions
shall be done by the owner/s after every two/ three years failing which the Bank shall be at liberty to get
the same done at the risk and cost of the owner/s and deduct all such relative expenses from the rent
payable to the owner/s.

1.26 Obtaining NOC from local authority regarding fire safety shall be the responsibility of the landlord.
Bank shall not be responsible for this in any manner, nor shall any amount / Bill be paid by the Bank for
this purpose.

1.27 The decision to identify the successful offerer by the Bank shall be final and No correspondence
will be entertained from unsuccessful offerers.

Place:

Date: Name & Signature of lessor with seal if any

Signature and Seal of applicant 8/15

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 DETAILS OF OFFER SUBMITTED FOR LEASING PREMISES

With reference to your advertisement in the _______

15/02/ dated _______
2025 I / We hereby offer the premises
owned by us for housing your branch / office on lease basis: (A Copy of the Plan of the building with
clearly earmarked portion of the building being offered to the Bank is enclosed. The desired information
is given as under):

General Information:
Location as name of the nearest local railway station and its distance from the site:
a. Name of the Building

a.1 Door No.

a.2 Name of the Street

Shrinivas organisation Pvt Ltd
a.3 Name of the City

a.4 Pin Code

b. (i) Name of the owner

(ii) Address
(iii) Name of the contact person
(iv) Mobile no.
(v) Email address

Technical Information (Please at the appropriate option)

a. Building - Load bearing ----------------------- Frame Structure
b. Building - Residential ----------- Institutional -------Industrial -------Commercial
c. No. of floors
d. Year of construction and age of the building
e. Floor of the offered premises

Level of Floor Built up area

Ground Floor
Total Area

Note- The rentable area shall be in accordance with the one mentioned under clause/para 1.17 of
Technical Offer.

Building ready for occupation Yes/No

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If no, how much time will be required for occupation -------------------- with end date.
Amenities available
Electric power supply and sanctioned load for the floors
Offered in KW (Mentioned) Yes/No

Running Municipal Water Supply Yes/No

Whether plans are approved by the local authorities Yes/No

Enclose copies

Whether NOC from the department has been received Yes/No

Whether occupation certificate has been received

Enclose copy Yes/No

Whether direct access is available, if yes give details Yes/No

Whether fully air conditioned or partly air conditioned Yes/No

Whether lift facilities are available Yes/No

No. of car parking/scooter parking which can be offered Yes/No

Exclusively to the Bank.

* Please enclose plans/ layouts of the building.

Declaration

I/We have studied the above terms and conditions and accordingly submit our offer and will abide by
the said terms and conditions in case our offer of premises is accepted.

I/We also agreed to construct/addition/alteration i.e cash safe room, Locker Room, Record/Stationary
room, System/UPS room, Ladies &Gents Toilet rooms and pantry will all fittings and fixtures, vitrified
tiles flooring & other works as per bank’s specifications and requirements.

I will hand over the possession of the building after getting it constructed / renovated as per Bank’s
requirements. The rent will be released after completion of interior work in all respect or 2 months from
the date of physical possession of the building complete in all respects to the entire satisfaction of the
Bank whichever is earlier.

Place:
Date: Name and signature of lessor with seal

Signature and Seal of applicant 10/15

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 PREMISES REQUIRED ON LEASE ANNEXURE – I
Parameters based on which technical score will be assigned by SBI.
(NOT TO BE FILLED BY THE PROSPECTIVE LANDLORD)

Hiring of Commercial Building with Built up area of 3000 sq.ft. +/- 10% on ground floor located within
located within the radius of 2 Km from existing SBI, Idar Branch.
Name of firm: ……………………………………………………………………………………

Parameters Actual situation Total Marks

Marks obtained
1 Built up area as per Built up area in the range of 3000 sq.ft.+/- 10% 10
requirement Ready possession : 10
Partly constructed : 6
Open plot : 5
Beyond range : 0
2 Premises location On Main road : 10 10
On side road : 05
Others : 0
3 Distance From SBI IDAR Within 2 Km: 05 5
BRANCH (00385) >2.0 km : 0
4 Premises on Ground floor On ground floor : 10 10
Upper floor : 0
5 Frontage >= 40 feets = 05 5
>= 30 feets = 03
< 30 feets = 00
6 Building structure Frame structure : 5 5
Load Bearing : 00
7 Sufficient Parking space 1. Having Covered G Floor parking : 10 10
2. Having cellar/ basement parking : 05
3. Others : 00
8 Availability of water supply, Available : 05 5
electricity, drainage etc. Not available : 00
9 Building Use Permission Available : 05 5
Not available : 00
10 Age of building 1. Newly constructed within 01 year : 05 5
2. Constructed within 01-05 years : 02
3. Building older than 05 years : 00
11 Surrounding of building Adequate natural light and ventilation : 05 5
In-adequate natural light and ventilation : 00
12 Quality of construction, 1. Excellent : 05 5
finishing etc. 2. Average: 02
13 Ambience, convenience As assessed by Premises Selection 20
and suitability of premises Committee
from Business point of view,
as assessed by Premises
Signature and Seal of applicant 11/15
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 Selection Committee
Total 100

Example for evaluation of proposals:

The example to calculate most successful offerer based on marks given on each of the above parameters
is as follows:

Total marks 100.

Three premises short listed- A, B, & C.
They get following marks
A-78; B-70; C-54

Convert them to percentiles

A: (78/78)*100= 100
B: ( 70/78)*100 =89.74
C: (54/78)*100=69.23

Now that technical offers are evaluated, financial offers can be opened.

Financial quotes for three premises are as follows:

A : Rs 70 per sqm for Built up area
B : Rs 60 per sqm for Built up area
C: Rs 50 per sqm for Built up area

AsC is lowest, to work out percentile score,following will be the calculation:

C: (50/50)*100 = 100
B :( 50/60)*100 =83.33
A :( 50/70)*100=71.43

Since proportion of technical to financial score is specified to be 70:30, then final scores will work out as
follows:

A:(100 x 0.70) + (71.43 x 0.30) = 91.43

B:(89.74 x 0.70) + (83.33 x 0.30) = 87.817
C:(69.23 x 0.70) + (100 x 0.30) = 78.46

Therefore Most successful offerer shall be ‘A’ and Bank may invite ‘A’ for further negotiation.

Signature and Seal of applicant 12/15

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 (PART OF TECHNICAL BID) PREMISES REQUIRED ON LEASE

GENERAL SPECIFICATIONS FOR CONSTRUCTION, ADDITIONS, ALTERATIONS OF A BRANCH

BUILDING TO BE CARRIED BY OWNER ON HIS OWN EXPENSES AND OTHER TERMS &
CONDITIONS

SPECIFICATIONS:

 Building will consist of R.C.C. framed structure with first class construction & all peripheral walls
will be 23 cm. thick.
 All partition walls will be 11.5 cm. thick and will have 6mm steel @ third course.
Floor finish
 Banking hall / B.M.’s room / toilets / canteen / locker / system/conference – double charged
vitrified tiles/granite of approved shade, duly covered with POP & polythene to avoid damage
from interior works.
 Inside other rooms-double charged vitrified tiles.
 Open area-kota stone/cement concrete pavers.
Wall finish
 Internal-plastic emulsion/oil bound distemper /enamel paint of approved shade / make.
 External-water proof cement paint-apex or stone cladding or front structural glazing as per
case.
 M.S.grill for windows / openings -16mm square bars @7.62cm.c/c both way sin frame, with
openable window for air-conditioners/desert coolers.
 Main entry & exit to have rolling shutter & collapsible gate.
 Building should have floor to ceiling height aprox. 3.10m.
 In toilets, pantry & drinking water are a wall tiles of approved make/shade up to full height will
be fixed.
 All sanitary & C.P. fittings will be of approved make as per Bank's approval.
 In case of non-currency chest branch, cash and locker room will have iron collapsible door &
double flanged iron sheet door(size-4'x7').
 In case of other doors, it shall have wooden choukhats with 38mm block board shutter doors
with approved laminated both side.
 Only in case of RCC strong room & RCC locker room, door & ventilator will be supplied by
Bank, otherwise all other doors will be provided by owner.
 All rooms are to be provided with suitable openings for ventilators/exhaust fans (12”x12”).
 For currency chest branch, the chest strong room specifications will be “AA” category of RBI
specification.
 For cash room (non-currency chest branch) it will be constructed with 9 inches thick brick walls,
duly plastered and encasing of safes/lockers.
 Pantry will have granite top platform 2 feet wide with steel sink.
 Electrical wiring and fixtures to be provided as per bank's electrical engineer direction.
 In case of non-currency chest branch, safe will be embedded with RCC in cash room.
 Strong Room / Locker room specifications are as follow-
 Walls & Roof:304.8 mm thick R.C.C. (1:2:4).

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  Reinforcement-12 mm dia. tor steel @ 152.4 mm c/c placed both ways in two layers (staggered
way), side covers-40mm, duly finished with cement plaster, painted.
 Openings to be left for security type ventilators/doors.
 Floor: 203.2 mm thick R.C.C.(1:2:4) with proper bedding and suitable floor finish.
Reinforcement- same as of wall.
 Note:Patrolling Corridor to be left on sides of strong room.
 A void to be left on top of roof or bottom floor, if upper or lower floor is not with Bank where it is
not feasible to provide RCC slab as specified, the ceiling may be fortified with MS grills
consisting of 20 mm iron rods spaced 75 mm centre to centre in angle iron frame work.

Above specifications are subject to vary as per actual site condition & as per recommendation of
SBI.

Other Terms &Conditions:

 Owner shall engage qualified Architect/Engineer for complete planning/supervision of

construction etc.
 ATM room, stationary, record room, pantry, toilets (Gents & Ladies), strong room or cash room,
locker room, ramp for physically challenged etc. to be constructed as per layout plan approved
by Bank and expenditure in this regard will be borne by owner. Floors are to be structurally
strengthened to sustain additional live load of approx. 15-20 ton on account of lockers /cash
safes.
 Stamp Duty& registration expenses to be shared equally @ 50:50 basis by Bank & Owner.
 Rent will be based on actual Built-Up-Area to be measured jointly after completion of civil works
 Title / Owner ship proof should be clear& lease will be executed as per Bank's standard format.
 Possession of premises will be taken after completion of all works as per layout plan/as per
specifications enumerated, after production of “NOC” from Competent Authority, all certificates
from architects etc. as mentioned below.
 All taxes & service charges except GST to be borne by owner. GST if applicable will be
reimbursed by Bank.
 Owner will arrange required electrical load from electricity authority.
 Periodical maintenance of building to be done by owner.
 Followings to be furnished by owner through architect engaged by them, before possession of
premises is taken by Bank-
 Structural Suitability Certificate of premises.
 Built Up Area Statement / Certificate.
 Completion Certificate as per plans/specifications provided by Bank.
 “NOC” from Civic Authority for commercial use of premises.
 Suitable space to be provided for staff parking, public parking& generator set (no rent will be
given by Bank for this area). Generator set will not be placed on branch front.
 Suitable place to be provided for display of Bank’s sign boards, hanging of outdoor unit of air
conditioners and V-Sat with monkey cage on roof top (no rent for this facility).
 Twenty-four hours un-interrupted water supply arrangement to be made by way of underground
/ overhead tank & submersible pump exclusively for Bank.
 Building plans to be got cleared from Local Civic Authority for Bank’s commercial use, in case
of new construction.
 Bank will have separate & exclusive access to Branch from main road.

Signature of owner of Building (In Token of Acceptance of Above)

Signature and Seal of applicant 14/15

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