BELT 1200 FR GRADE EP 630 / 4, 8/4, Belt 1000 FR Grade EP 1250/5, 8/3, Belt 1000mm FR Grade EP 800 / 5, 8/3, EP BELT 1200 MM WIDTH FOR C0 CONVEYOR

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 Earnest Money Deposit of ₹ 2,00,000/- is applicable. Bidders shall remit the EMD online through RTGS / internet banking to the following a ccount: Beneficiary Name: NLC INDIA LIMITED Account No.: 11149180027 IFSC Code: S BIN0009614 Bank Name: State Bank of India Branch Address: SBI, Barsingsar, Bik aner Dist., Rajasthan. Bidder shall indicate GeM bid number and name of bidding entity in the transaction d etails field at the time of online transfer. Bidder shall upload scanned copy / proof of the Online Payment Transfer along with bid without fail. Otherwise, the bidder’s Offer shall be liable for being summarily rejected. Note: 1). EMD in the form of Bank Guarantee shall not be acceptable. 2). No other m ode of payment shall be acceptable. 3). No interest shall be payable by NLCIL on the EMD/Bid Guarantee amount. BIDDERS SHALL NOTE THAT THE BID SUBMISSION PORTAL (GEM) CAPTURES AND DISPLAYS THE INTERNET PROTOCOL (IP) ADDRESS FROM WHICH THE B IDDER HAS SUBMITTED THE BID. THE RECEIVED BIDS, HAVING MATCHING/C OMMON IP ADDRESS OF BIDDERS SHALL BE OUTRIGHTLY REJECTED AND SH ALL NOT BE CONSIDERED FOR FURTHER EVALUATION. Payment Terms: All the payments will be made within 45 days from the appointed da y i.e.: -From the date of delivery of goods or rendering of services; or -Where any objection is made in writing by the buyer regarding acceptance of goods or Services within 15 days from the day of the delivery of goods or the rendering of s ervice, The day on which such objection is removed by the supplier. All MSME payments shall be made through TReDS service platform within the stipulat ed time. .