Flourspar

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.

Bidders can also submit the EMD with Account Payee Demand Draft in favour of SAIL, SALEM STEEL PLANT payable at SALEM . Bidder has to upload scanned copy / proof of the DD along with bid and has to ensure delivery of hardcopy to the Buyer within 5 days of Bid End date / Bid Opening date.

Bidders can also submit the EMD with Banker’s Cheque in favour of SAIL, SALEM STEEL PLANT payable at SALEM . Bidder has to upload scanned copy / proof of the BC along with bid and has to ensure delivery of hardcopy to the Buyer within 5 days of Bid End date / Bid Opening date.

Bidders can also submit the EMD with Payment online through RTGS / internet banking in Beneficiary name SALEM STEEL PLANT Account No. 10215486898 IFSC Code SBIN0005739 Bank Name STATE BANK OF INDIA Branch address SALEM STEEL PLANT CAMPUS, MOHAN NAGAR, SALEM 636013 . Bidder to indicate bid number and name of bidding entity in the transaction details field at the time of on- line transfer. Bidder has to upload scanned copy / proof of the Online Payment Transfer along with bid.

Buyer Added text based ATC clauses 1.0 The bidder shall offer the price on "F.O.R Salem Steel Plant" basis in GeM portal including P&F charges, Freight & Insurance Charges etc with applicable taxes & duties as per the General Terms and Conditions of GeM. 2.0 The payment shall be "100% within 30 days after receipt and acceptance of the item at Salem Steel Pl ant Stores". 3.0 Unless otherwise specified in the tender terms, the inspection will be at Salem Steel Plant after receipt of the consignment. 4.0 The bidder shall enclose signed and sealed copy of the technical specification, as a token to acceptanc e to the tendered item's specification. 5.0 The bidder shall not quote/attach any price/price bid format along with their technical offer. The offer o f such bidder will be summarily rejected. 6.0 The MII/MSE preference's shall only be given to bidders subject to submission/verification of valid MII c ertificate/Udhayam Certificate. 7.0 The bidders are required to self certify the local content in their product for purchase value less than R s.10 crore. For purchases more than Rs.10 crore, as per para 9 (b) of PPP-MII Order, 2017, a certificate fro m the statutory auditor or cost auditor of the company (in the case of companies) or from a practicing cost accountant or practicing chartered accountant (in respect of suppliers other than companies) is required to be submitted. 8.0 The applicable EMD amount is Rs.5,00,000/- only (Rupees Five Lakh Only). Refer EMD Clause no.10.0 o f commercial terms and conditions for details. 9.0 The bidder shall peremptorily enclose duly filled, signed and sealed copy of "Undertaking, Statement of Deviation, Declaration for acceptance of RFQ specification, Taxes & Duties, MII Certificate, Details of Docu ments wrt Eligibility Criteria and land border sharing clause" under the header “Additional Doc 1 (Requeste d in ATC)” and other documents, as sought in eligibility criteria along with their technical offer. 10.0 The bidder shall submit the required documents sought under the "Eligibility Criteria" for evaluation o f their offer. 11.0 The bidders, submitting Profit/Loss statement issued by practicing Chartered Accountants should hav e Unique Document Identification Number (UDIN), as mandated by Institute of Chartered Accountants of In dia(ICAI). 12.0 The sucessfull bidder is required to submit security deposit of 3% (Three Percentage) of Total Order v alue in the form of Demand Draft/Bank Guarantee. The SDBG should be valid for the period till completion of delivery period as per the purchase order with claim period of six months from the date of expiry. Refer Clause no.19.0 of Commercial Terms and Conditions for details. 13.0 Salem Steel Plant has implemented A nti-Bribery Management System (ABMS) as per I SO 37001:2016 standard and in order to involve the exter nal agencies, the following undertaking is taken from the Suppliers /Contractors / Vendors “By participating in this tender, the Suppliers/Vendors/Customers are deemed to have undertaken that they shall not give or take any financial or non-financial bribe, to or from anyone during the tender or during the execution of the contract, thereafter and if they notice any such incident happening, they shall report to SAIL Vigilance.” .

Participation by the bidder in RA process would be considered as their consent for extension in offer validity by 30 days by the date of RA initiation.