LP of CONS NAVAL STORE ITEMS

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.All items to be supplied as per pdf specification attached.
• 2.All samples must be approved from buyer before delivery/ supply.
• 3.All items must be supplied within 15 days from the date of award contract order.
• 4.No extension will be provided beyond delivery period.
• 5.All rejected items must be lifted from buyer organisation within 48 hours and replacement must be provi ded.
• 6.CRAC will be generated for all items. less delivery or non delivery of any items will not be acceptable.
• 7.All required documents and photographs of the items which will be delivered by the seller should attach ed and signed by the seller is required in letter pad. .

Buyer uploaded ATC document Click here to view the file.