NAVAL STORE ITEMS

OPTION CLAUSE: The Purchaser reserves the right to increase or decrease the quantity to be ordered up to 25 percent of bid quantity at the time of placement of contract. The purchaser also reserves the right to increase the ordered quantity up to 25% of the contracted quantity during the currency of the contract at the contracted rates. The delivery period of quantity shall commence from the last date of original delivery order and in cases where option clause is exercised during the extended delivery period the additional time shall commence from the last date of extended delivery period. The additional delivery time shall be (Increased quantity ÷ Original quantity) × Original delivery period (in days), subject to minimum of 30 days. If the original delivery period is less than 30 days, the additional time equals the original delivery period. The Purchaser may extend this calculated delivery duration up to the original delivery period while exercising the option clause. Bidders must comply with these terms.

Scope of supply (Bid price to include all cost components) : Only supply of Goods

• 3.Turnover Bidder Turn Over Criteria: The minimum average annual financial turnover of the bidder during the last three years, ending on 31st March of the previous financial year, should be as indicated in the bid document. Documentary evidence in the form of certified Audited Balance Sheets of relevant periods or a certificate from the Chartered Accountant / Cost Accountant indicating the turnover details for the relevant period shall be uploaded with the bid. In case the date of constitution / incorporation of the bidder is less than 3 year old, the average turnover in respect of the completed financial years after the date of constitution shall be taken into account for this criteria.

Buyer Added text based ATC clauses

• 1.Bidder shall submit the following documents along with their bi d for venor code creation :-
• a.Copy of PAN card
• b.Copy of Aadhar card
• c.Copy of cancelled cheque
• d.Copy of EFT mandate duly certified by bank .
• 2.Buyer Added Bid Specific ATC:- 2.1 Bidder will be rejected if any of the documents mentioned in published bid are not submitted by re spective bidders. 2.2 The Details of items is mentioned above. The all items is good quality. Items of poor quality will no t be accepted. 2.3 Bidder should have their office/branch in the state of Gujarat .