SHIPBUILDER’ S NAME PLATE

OPTION CLAUSE: The Purchaser reserves the right to increase or decrease the quantity to be ordered up to 50 percent of bid quantity at the time of placement of contract. The purchaser also reserves the right to increase the ordered quantity up to 50% 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.

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Buyer Added text based ATC clauses NOTICE INVITING TENDER TENDER FOR SUPPLY OF SHIPBUILDER’S NAME PLATE FOR YARD 3058 (ARS PROJECT) Item Descriptions: Yard Indent No. Ind. Sl. Material Short Text Qty. UOM Delivery Date 3058 100006 9017 10 1216100 50051 shipbuilder na me plate 1 EA Within 120 days fro m date of PO Scope of Supply: Items to be designed, manufactured, inspected & tested, pac king and forwarding to F.O.R. GRSE (Kolkata) stores as per SOR No. - GT15000030M & DRG No. - GC15000031M. For GARDEN REACH SHIPBUILDERS & ENGINEERS LTD. ANIL KUMAR BHARATI Manager (NCM) Email: Bharati.AnilKr@grse.co.in .