REQUEST FOR QUOTATION - GAIL (India)

118. The offer for the works must be inclusive of all taxes + overheads+ profit etc. No escalation of any nature is permissiblethereafter. However the bidder may claim the taxes partseparately.9. Payment shall be made on following basis:-a). Payment 75% of material cost on receipt of material at GailUsar.b). Balance payment on running bills on weekly basis (RA Bills).10. All the works are to be completed in a period of 4 monthsduration i.e. from the date of commencement ofcontract.(Preferably before start of monsoon.)11. Tax invoice for availing benefit of VAT to be provided in thename of Gail India Limited Usar.12. The contractor has to provide system warranty of 5 years(minimum 4 monsoons) for Acrylic Elastomeric coating & 7 yearsfor APP membrane from the Principal manufacturer / supplieri.e. from M/s Pidilite Industries or M/s Choksey Chemicals alongwith the test certificate for quality& conformance to properapplication thru periodic inspection during the progress &after completion of works. However defect liability period shallbe 2 years (2 monsoon seasons) for the works. The contractorshall guarantee all the work executed by him as per systemwarranty from the date of completion of work. If during thisperiod any defect occur, the same shall be made good by thecontractor at his own cost. Failure to comply with thisrequirement may result in the forfeiture of security deposit.13. The Contractor shall not sublet the contract, except with thewritten permission of GAIL.14. The contractor deemed to have inspected the site thoroughly andacquainted himself with the site conditions, availability of storagefor materials, work areas available for construction, disposal /stacking of debris etc acquainted himself with the general nature