REQUEST FOR QUOTATION - GAIL (India)

General Conditions of ContractNote: The Earnest Money of the unsuccessful bidder will bereturned by EMPLOYER/CONSULTANT, directly to thetenderer (s), within a reasonable period of time but not later than30 days after the expiration of the period of bid validityprescribed by EMPLOYER.7 Validity: 7.1 Tender submitted by tenderers shall remain valid for acceptancefor a period of "4 MONTHS" from the date of opening of thetender. The tenderers shall not be entitled during the said periodof 4 months, without the consent in writing of the EMPLOYER, torevoke or cancel his tender or to vary the tender given or any termthereof. In case of tender revoking or canceling his tender orvarying any term in regard thereof without the consent ofEMPLOYER in writing, the EMPLOYER shall forfeit EarnestMoney paid by him alongwith tender.8 Addenda/Corrigenda 8.1 Addenda/ Corrigenda to the Tender Documents will be issued induplicate prior to the date of opening of the tenders to clarifydocuments or to reflect modification in design or CONTRACTterms.8.2 Each addenda/ corrigendum issued will be issued in duplicate toeach person or organisation to whom set of Tender Documentshas been issued. Recipient will retain tenderer's copy of eachAddendum/Corrigendum and attach original copy duly signedalong with his offer. All Addenda/Corrigenda issued shall becomepart of Tender Documents.9 Right of Employer toAccept or Reject Tender:9.1 The right to accept the tender will rest with the EMPLOYER. TheEMPLOYER, however, does not bind himself to accept the lowesttender, and reserves to itself the authority to reject any or all thetenders received without assigning any reason whatsoever. At theoption of the Employer, the work for which the tender had beeninvited, may be awarded to one Contractor or split between morethan one bidders, in which case the award will be made for onlythat part of the work, in respect of which the bid has beenaccepted. The quoted rates should hold good for sucheventualities.Tenders in which any of the particulars and prescribed informationare missing or are incomplete in any respect and/or theprescribed conditions are not fulfilled are liable to be rejected.The Tender containing uncalled for remarks or any additionalconditions are liable to be rejected.Canvassing in connection with tenders is strictly prohibited andtenders submitted by the Tenderers who resort to canvassing willbe liable to rejection.10 Time Schedule 10.1 The WORK shall be executed strictly as per the TIME SCHEDULEspecified in TENDER/CONTRACT Document. The period ofconstruction given in Time Schedule includes the time required formobilisation as well as testing, rectifications if any, retesting andcompletion in all respects to the entire satisfaction of theENGINEER-IN- CHARGE.11