REQUEST FOR QUOTATION - GAIL (India)

General Conditions of Contractnow or hereafter imposed by any Central or StateGovernment authorities which are imposed with respect to orcovered by the wages, salaries, or other compensations paidto the persons employed by the CONTRACTOR and theCONTRACTOR shall be responsible for the compliance ofall SUB-CONTRACTORS, with all applicable Central, State,Municipal and local law and regulation and requirement ofany Central, State or local Government agency or authority.CONTRACTOR further agrees to defend, indemnify andhold EMPLOYER harmless from any liability or penaltywhich may be imposed by the Central, State or Localauthorities by reason or any violation by CONTRACTOR orSUB-CONTRACTOR of such laws, suits or proceedings thatmay be brought against the EMPLOYER arising under,growing out of, or by reason of the work provided for by thisCONTRACT, by third parties, or by Central or StateGovernment authority or any administrative sub-divisionthereof.Tax deductions will be made as per the rules and regulationsin force in accordance with acts prevailing from time to time.99 Sales tax/Turnover tax: 99.1 Tenderer should quote all inclusive prices including theliability of Sales Tax/Turnover Tax whether on the workscontract as a whole or in respect of bought out componentsused by the CONTRACTOR in execution of theCONTRACT. EMPLOYER shall not be responsible for anysuch liability of the CONTRACTOR in respect of thisCONTRACT.100 Statutory variations 100.1 Tenderer should quote prices inclusive of excise-duty andsales tax applicable on finished product. Any statutoryvariations in Excise Duty and sales tax on finished productduring the contractual completion period, shall be to theEmployer's account for which the Contractor will furnishdocumentary evidence(s) in support of their claims to GAIL.However, any increase in the rate of these taxes andduties (E.D. and S.T.) beyond the contractual completionperiod shall be to Contractor's account and any decreaseshall be passed on to GAIL.101 Insurance: 101.1 GENERALCONTRACTOR shall at his own expense arrange secureand maintain insurance with reputable insurance companiesto the satisfaction of the EMPLOYER as follows:CONTRACTOR at his cost shall arrange, secure andmaintain insurance as may be necessary and to its full valuefor all such amounts to protect the WORKS in progress fromtime to time and the interest of EMPLOYER against all risksas detailed herein. The form and the limit of such insurance,as defined here in together with the under works thereof ineach case should be as acceptable to the EMPLOYER.However, irrespective of work acceptance the responsibilityto maintain adequate insurance coverage at all times duringthe period of CONTRACT shall be that of CONTRACTORalone. CONTRACTOR's failure in this regard shall notrelieve him of any of his responsibilities and obligationsunder CONTRACT.57