OSAERO JOB WORK FOR MANUFACTURING OF 59 PARTS REF SEMFG973

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.

Bidder's offer is liable to be rejected if they don't upload any of the certificates / documents sought in the Bid document, ATC and Corrigendum if any.

Buyer Added text based ATC clauses The RFQ consist of below mentioned: PART-A (Technical Compliance Sheet) PART-B (Commercial Complian ce sheet) Compliance of both Part A & Part B is to be submitted as part of technical bid. Tender Basis: 1)The tender is on Limited Tender, Two bid & Line wise basis. 2) Vendor has to quote on GE M portal only. .