FBC BOILER FUEL RICE HUSK/DOB

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 Instruction to bidders:

• 1.Acceptance for specification by duly signed and sealed
• 2.Terms of Delivery: The bidder shall offer the price on "F.O.R Salem Steel Plant" basis in GeM portal inclu ding P&F charges, Freight & Insurance charges, etc with applicable taxes & duties.
• 3.Payment terms : 100% within 30 days after receipt and acceptance of the material
• 4.Delivery Period : Within 31 days from the date of PO
• 5.Quantity tolerance : +/- 10 MT
• 6.The bidder shall submit all the relevant documents wrt eligibility criteria and submit the attached forms duly filled-in, signed & sealed, along with the tender
• 7.The MII/MSE preference's shall only be given to bidders subject to submission/verification of valid MII ce rtificate/Udyam Certificate.
• 8.Order will be placed on three parties (60:25:15 ratio) as per the extant guidelines of PPP MII/MSE policy. In case of non-price matching of L1 price by other eligibile parties, order for 100% quantity will be placed o n L1 tenderer. In case of price-matching is accepted by the eligible single party, order will be placed on 70: 30 ratio.
• 9.The bidder shall not quote/attach any price/price bid format along with their technical offer. The offer of such bidder will be summarily rejected.
• 10.Earnest Money Deposit (EMD) of Rs.1 lakh is applicable. In lieu of EMD, bidders can submit “Bid Securit y Declaration” duly signed and sealed. MSME bidders are exempted from EMD subject to submission of Ud yam Registration / NSIC Certificate
• 11.SSSP reserves the option to divert the order quantity to other sources, if supply is not made as per sch edule stipulated in the purchase order or on account of quality complaints. In such instances, the extra co st incurred, if any, will be recovered from the defaulting suppliers.
• 12.Salem Steel Plant is registered on TREDS platform with invoicemart.com (https://www. invoicemarrt. co m//_. MSE Vendors may avail this benefit. 13.Tenderer’s who submit their offers shall be deemed to have read, understood and accepted the terms & conditions of the tender document and general commercial terms & conditions for purchase contract (S AIL-P1), governing purchase contracts, i.e. SAIL-P1 available on the SAIL website https://sailtenders.co.in, b eing revised from time to time. .