MUNICIPAL CORPORATION JALANDHAR

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3) Bid Security:-
(i) Bid security is required to protect to Corporation against to risk of bidder's conduct. The bid
security may be forfeited.
a) if a bidder withdraws its bid during the period of Bid validity
or
b) In the case of successful Bidder, if the Bidder fails to sign the contract.
(ii) No interest will be paid on bid security.
4) Standards:-
The goods supplied under the contract shall confirm to the standards mentioned in the technical
specifications. Import document of imported goods e.g. Jetting Pump, Vacuum Pump, PTO,
Jetting Hose, Nozzles etc. must be submitted at the time of supply.
5) Payment:
5.1 Supply –price schedule –A
(a) Truck chassis.
Truck Chassis with Driver Cabin & Side PTO to be supplied by the Municipal
Corporation, Jallandhar. Transit Insurance will be borne by the bidders.
b) Payment for units (without truck chassis).
* 90% against goods delivery.
* 10% after commissioning & satisfactory operation and acceptance of units.
5.2 Operation & Maintenance – Price Schedule – B
6) Prices:-
a) Monthly.
Prices charged by the supplier for goods delivery and services performance with the contract shall
not vary from the prices quoted by the suppliers.