PUMP SPARES

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

Buyer Added text based ATC clauses IMPORTANT INSTRUCTION Notwithstanding any other conditi on/provision in the tender docume nts, bidders are required to submi t complete documents pertaining t o tender along with their offer. Offer from only: “M/s Mascot Dynamics Private limited” shall be considered for evaluation who is the proprietary bidder/Auth orized representative for the requi red Goods in Indian Oil for the req uired Goods in Indian Oil. Offer rec eived from any other bidder will b e treated as unsolicited offer and summarily rejected. .

Buyer uploaded ATC document Click here to view the file.