SUPPLY, INSTALLATION, TESTING AND COMMISSIONING OF POINT-SCANNING CONFOCAL MICROSCOPE

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) : Supply Installation Testing and Commissioning of Goods

Buyer Added text based ATC clauses Note:

• 1.PERFORMANCE B/G (Kindly refer to Annexure-E, checklist for BG to this document) The successful bidder shall have to execute a performance B/G in accordance with the guarantee/ warranty for 5% value of the order. This B/G has to be executed on an appropriate value of stamp paper in terms of a bank guarantee drawn on any Nationalized Bank and shall remain valid till the completion of th e Defect Liability period/warranty period, with 6 months claim period.
• 2.PAYMENT TERMS 90% of the payment shall be made against delivery; balance 10% payable after installation subject to rece ipt of PBG for 5% order value, trail run and subject to acceptance by the group head through SAI and all ot her relevant documents, with Performance Bank Guarantee. The percentage of PBG will be determined bas ed on the prevailing rules as of date of finalization of the tender. All claims shall cease as per the Limitatio n Act. .