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GAIL (India) Limited MECON LIMITED

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Statutory variations in excise duty and sales tax on finished product during thecontractual completion period, shall be to the Employer’s account for which theContractor will furnish documentary evidence(s) in support of their claims to <strong>GAIL</strong>.However, any increase in the rate of these taxes and duties beyond the contractualcompletion period shall be to Contractor’s account and any decrease shall be passed onto <strong>GAIL</strong>.13.6 The Bidder shall quote the prices both in figures as well as in words. There should notbe any discrepancies between the price indicated in figures and the price indicated inwords. In case of any discrepancy, the price indicated in words shall prevail over theprice indicated in figure.13.7 Alternative bids shall not be considered.13.8 Discount, if any, must be indicated in the space provided in Schedule of Rates only.Conditional discount, if offered, shall not be considered for evaluation.14. Bid Currencies [Applicable for International Competitive Bidding]14.1 <strong>India</strong>n Bidders may submit bid in any currency (including <strong>India</strong>n Rupees) and receivepayment in such currencies on par with foreign bidders.14.2 Currency once quoted will not be allowed to be changed. EMPLOYER shall not becompensating for any exchange rate fluctuation.14.3 Foreign Bidders may submit bid in the home currency of bidder’s country or in USDollars / EURO or any other currency.14.4 A bidder expecting to incur a portion of his expenditure in the performance of contractin more than one currency (limited to maximum two currencies) and wishing to be paidaccordingly shall so indicate in the bid. In such a case, the bid shall be expressed indifferent currencies with the respective amounts in each currency together making upthe total price.[Applicable for Domestic bidding]Bidders shall submit bid in <strong>India</strong>n Rupees only.15. Bid Validity15.1 Bids shall be kept valid for 4(four) months from the final bid due date. A bid valid for ashorter period may be rejected by <strong>GAIL</strong> as non-responsive.15.2 In exceptional circumstances, prior to expiry of the original bid validity period, theEmployer may request that the bidders extend the period of validity for a specifiedadditional period. The request and the responses thereto shall be made in writing or byfax / e-mail. A bidder may refuse the request without forfeiture of his bid security, Abidder agreeing to the request will not be required or permitted to modify his bid, butwill be required to extend the validity of its bid security for the period of the extensionand in accordance with Clause 16 in all respects.\\Rajesh\RAJESH\Cavery\Tender\Construction Tender-Vol - I of II.doc

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