Elecon Make Spiral Bevel Wheel- RAPH Gear Box., Elecon Make RAPH Gear Box KDV225 S/SO Input Shaft

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) : Only supply of Goods

Buyer Added text based ATC clauses

• 2.GGW General Guarantee for Warranty for the supplied materials shall be valid for a period of 12 months from the date of commissioni ng or 18 months from the date of receipt of material, whichever is earlier. To be furnished in Non-Judicial Stamp Paper not less than Rs.80/ - as per the format available in NLCIL Website. ADDRESS: GGW shall be sent to The Chief General Manager/MMC, NLC India Ltd., Block-27, Neyveli - 607 807.
• 3.CBG Combined Bank Guarantee is applicable for the period mention ed in the bid. We confirm to submit a Bank guarantee on Rs.80/- non-judicial stamp paper for performance of contract for 5% of the total ord er value, within 60 days from the date of purchase order or with in delivery period prescribed in purchase order, whichever is ea rlier as per bid condition. If the Bank Guarantee is not submitte d with in the due date or sent in a different format other than ei ther NLCIL or GeM, NLCIL shall have the option, either to reject t he Bank Guarantee /Cancel the order at the risk and cost of the seller at the discretion of NLCIL. The details of beneficiary and its details for issue of BG under SFMS platform is as follows.
• (a)Name: NLC India Limited,
• (b)Unit / Area / Division: Materials Management Complex,
• (c)Beneficiary Bank, Branch &Address: State Bank of India, Blo ck-2, Neyveli 607801,
• (d)IFSC Code : SBIN0000958. The above particulars are to be incorporated by the issuing ban k properly while issuing BG under SFMS mode. ADDRESS: CBG shall be sent to The Chief General Manager/MMC, NLC India Ltd., Block-27, Neyveli - 607 807.
• 4.Third Party Inspe ction – Not Appli cable Third Party Inspection (TPI) is not applicable for this tender. Sell er Must agree for Inspection at Neyveli .