HEX HEAD BOLT M12X70MM HIGH TENSILE IS:1364

Special Conditions

• Where there are not more than three Indian Suppliers categorized as approved vendor for a particular item, developmental vendors can be considered for placement of bulk order without any quantity restrictions. However, while considering such vendors, factors including past performance, capacity, delivery requirements, quantity under procurement, nature of item, outstanding order load etc. shall be considered in a transparent manner, subject to rates being reasonable. Quantity allocation among eligible vendors shall be based on pre decided tender criteria. Such order shall be treated as bulk orders.

• Earnest Money Deposit (EMD) :-

  1. EMD:- Firm shall submit EMD amount @2% of the estimated value of the tender rounded off to nearest higher Rs 10/-. Please read carefully correction slip no. 001 of SECR General Tender condition 2019 regarding Earnest Money Deposit which is applicable in this case.
  2. Please note that submission of EMD is exempted only to those firms who are registered with UDYAM for tendered item / Indian Ordinance Factories/Other Railway and Government Departments/PSUs owned by Ministry of Railways and PSUs for the group of items that are manufactured by them.Firms appearing on the approved list of RDSO for the tendered item shall be exempted for submission of EMD subject to approval status of the firm being valid on the date of tender closing.The Firm registered with PCMM, South East Central Railway/ Bilaspur for the trade group of the tendered item shall also be exempted for submission of Earnest Money Deposit according to the monetary limit of registration. Firm shall clearly indicate their registration number along with monetary limit of registration, if any.Tenderers must upload/submit valid documents for the exemption of EMD along with their bid.Note: If any tenderer neither submit EMD nor uploaded valid documents for exemption of EMD, then their offer will be summarily rejected.
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• Security Deposit (SD) - The successful tenderer will have to deposit security money @ 5 % of contract order value (rounded off to nearest higher Rs 10/-) within 21 days of issue of letter of acceptance subject to the exemption as mentioned in SECR General Tender Conditions 2019 and correction slips of SECR General Tender Conditions 2019. The security money has to be deposited in any of the forms mentioned in the SECR General Tender Condition 2019.

  2. Tenderer are advised to read carefully SECR General Tender Condition 2019, Correction Slips issued regarding revised EMD & SD which is applicable in this case.
  3. Please note that in case successful tenderer does not deposit the SD within stipulated time ( 21 days from the issue of letter of acceptance ) then EMD shall be forfeited & case be dealt as that of withdrawal of the offer by tenderer as per extant instructions.

• FOR Destination. Offers with deviation to this will be summarily rejected.

• All the bidders/tenderer should ensure that they are GST compliant and their quoted tax structure/rates are as per GST Law. [b] In case the successful tenderer is not liable to be registered under CGST/IGST/UTGST/SGST Act, the railway shall deduct the applicable GST from his/their bills under reverse charge mechanism [RCM] and deposit the same to the concerned tax authority. Any additional input tax credit (ITC) benefit, if becomes available to supplier, the same shall be passed on to purchaser without any undue delay.

• Consequence of Failure

  1. In case firm fails to execute the contract within original or extended delivery period, the purchaser will be entitled to impose Liquidated Damages(LD) for extension of Delivery Period or may decide to cancel the contract by forfeiting the Security Deposit submitted by the firm.
  2. In case where SD has been exempted for any reason, and the supplier fails to supply goods as per the conditions of the contract , as amended from time to time, Purchaser shall have right to levy damages from the supplier for failing to comply with contractual conditions not by way of penalty, an amount equal to SD amount, as would have been applicable if the contract was with a non -exempted vendor. These damages shall be treated as outstanding recoveries against the vendor and dealt accordingly.

• If Delivery is falling on Holiday of the unit where materiel is being supplied, DP shall automatically fall on next working day and no separate MA is required for this.

• No sister concerned should participate in the tender as per code of integrity.

• Security Deposit is valid up to all contractual obligations.

• Firms shall give confirmation that they are not from the list of firms of neighbouring country where India restricted those firms to participate in Indian tender.