Internal Combustion Engine Crankcase Oils For Automotive Application (V2) Conforming To IS 13656

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

• 1.Mandatory : The Bidder must be a Public Sector Undertaking of Government of India
• 2.The Product must be delivered at : "IMC Workshop, Old Bus Depot, Jinsi Square, Near Bada Ganpati, Sub hash Marg, Indore 452002" 4 / 6 at sellers expense and risk. .