IN THE EVENT OF ISSUANCE OF ANY MANDATE, GUIDELINE, REGULATION, OR DIRECTIVE BY THE GOVERNMENT OF INDIA OR ANY OTHER STATUTORY/GOVERNING AUTHORITY, THE SAME SHALL BE FULLY COMPLIED WITH BY THE VENDOR…

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.

Buyer Added text based ATC clauses Bidder shall submit duly filled-in, complete and signed copies of the following documents along with the bi

d.

• 1.Integrity Pact
• 2.Bidder Declaration for Ban and Deviation
• 3.TReDS Confirmation
• 4.Land Border Declaration
• 5.Commercial Terms & Conditions
• 6.Local Content Declaration (in HPCL Format as well as Statutory /Cost Auditor Certificate as mentioned in ATC Document) .

Buyer uploaded ATC document Click here to view the file.