SITC OF TRANSFORMER AT COMCO MANDAPURA

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 Please upload duly filled and signed copy of Section VI-1 and Form 12. Also, upload all the documents aske d in Form 12 like GST, PAN, Udyam Certificate, Integrity Pact (if applicable) or any other documents menti oned in the tender and PO + Completion Letter or PO + All Invoices of similar works and of value mention ed in Section VIII of the tender and Profit and Loss Statement & Balance Sheet of the last 3 Financial Years mentioned in Section VIII of the tender. In case of non-submission of the documents mentioned above, you r bid will be liable for rejection. Unless otherwise specified, in case of conflict, HPCL’s General Terms and C ondition (HPCL GTC) shall take precedence over GEM’s General Terms and Conditions (GeM GTC). .