Nylon Rope

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.

Bidder shall submit the following documents along with their bid for Vendor Code Creation:

• a.Copy of PAN Card.
• b.Copy of GSTIN.
• c.Copy of Cancelled Cheque.
• d.Copy of EFT Mandate duly certified by Bank.

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

Buyer Added text based ATC clauses Terms of Payment: 100% Payment within 30 days from the date of receipt and acceptance of Material at MIDHANI. Note: Kindly upload the documents such as MSME, MII, EMD, IP or any relevant documents in the designa ted places to avoid ambiguity. Delivery schedule: As per tender specification terms. All sellers/service providers are mandated to ensure compliance with all applicable law s/acts/rules (including and not limited to all labour laws & child labour laws) such as Th e Minimum Wages Act 1948, The Payment of Wages Act 1936, The Payment of Bonus Ac t 1965, The Equal Remuneration Act 1976, The payment of Gratuity Act 1972 etc. Any n on compliance will be treated as breach of contract/PO and buyer may take suitable act ion as per provisions of the PO/contract. .

Buyer uploaded ATC document Click here to view the file.