Buyer Added text based ATC clauses 1) Vendors to provide compliance of Tender document Annexure A with seal & sign and same to b e uploaded along with technical bid (Document details please refer Buyer added Bid specific ATC) 2) Tender is Two Bid system (Technical & Commercial Bid) Technical bid to mentioned only techni cal details. In technical bid commercial details nowhere should mentioned , if commercial details a re mentioned offers are liable for rejection. 3) While submitting Price offer in GEM , firm has to quote including GST and any other charges applicable that also considered to include along with Price. Apart from GEM no other Charges will be not payable. 4) Payment term:
- a)For MSE Vendor (Micro & Small)= 100% Payment -45 Days from date of receipt of material / co mpletion of Service at BEML , Bangalore subject to clearance of quality / BEML User department.
- b)For Non MSE Vendor- 100% Payment -60 days from date of receipt of material / Completion of Service at BEML Bangalore subject to clearance of quality / BEML User Department.
- c)As per GOI from April (01.04.2026) onwards all the payment will be process through TReaDs Pla tform (M1 Exchange / RXIL) for all MSME Vendors (Micro, Small & Medium). Vendors requested to r egister Treads Platform for processing Payment. If already registered please ignore. 5) In Case L1 / L2 vendor’s prices are same, Buyer Selection only is final preference for order plac ement 6) In the event of failure to deliver or dispatch the stores (equipment) within the stipulated date/pe riod in a cordance with the specifications mentioned in the Purchase order and in the event of bre ach of any of the terms and conditions mentioned in the Purchase order, BEML reserves the right.
- i)To recover from the successful tenderer, a sum of 0.5 % (half percent) of the price of any stores which the successful tenderer has not been able to supply as aforesaid for each week or part of a week during which the delivery of such stores may be in arrears limited to 10%. Liquidated Damag e clause is applicable. ii) To purchase elsewhere, after due notice to the successful tenderer on the account and at the ris k of the defaulting supplier the stores (equipment) not supplied or others of similar description wit hout cancelling the supply order in respect of the consignment not yet due for supply. Risk purcha se clause is applicable. 7) TDS Will be applicable as per Income Tax Act 1961 / law of land. 8) Offer Validity and Payment Term as per Tender NIT, if any deviation vendor to should mention t ender clearly for that deviation offer acceptance buyer decision is final and having rights either m ay be accept or reject. 9) For any clarification of tender please contact below details Mail id : meenakshi.s@bemlltd.in 10) Please refer NIT for other Terms & Conditions .