Download Here - Indraprastha Power Generation Co. Ltd.
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the powers exercisable by it against the said Contractor and either to enforce or forbear from enforcing anyof the terms and conditions governing the said contract or securities available to Company and the saidBank shall not be released from its liability under these presents by any exercise by the company of theliberty with reference to the matters aforesaid or by reason of time being given to the said Contractor or anyother forbearance, act or omission on the part of the company or any indulgence by the Company to thesaid contractor or any other matter or things whatsoever which under the law relating to Securities would befor this provision have effect of so releasing the Bank from its liabilities.5. It shall not be necessary for Company to proceed against the Contractor before proceeding against theBank and Guarantee herein contain shall be enforceable against the Bank not withstanding any securitywhich the company may have obtained or shall obtain from the Contractor at the time, when proceedingsare taken against the Bank for whatever amount may be outstanding or unrealized.6. We, the said Bank, lastly undertake not revoke this guarantee during its currency except with the previousconsent of the Company in writing and agree that any changes in the constitution of the said contractor orthe said Bank shall not discharge our liabilities hereunder. If any further extension of this Guarantee isrequired, the same shall be extended to such required period on receiving instruction from M/s.__________________ on whose behalf this Guarantee is issued.For and on behalf of (the (Bank)In presence of WitnessSignature ________________________Name and Designation ______________1. __________________ Authorization No. ___________________2. __________________ Date & Place ________________________________________Bank’s Seal _______________________Validity of the Bank Guarantee should be 90days in excess from the date of dispatch of materials.
ADDENDUM-NIT (PURCHASE)1) EMD (other than BG) of successful bidder/bidders shall be adjusted towards SD (if applicable) and balanceamount if any, to be submitted as per terms and conditions of PO. In case of BG submitted towards EMD, SD shallbe given for entire amount as per PO terms and after receipt and acceptance of SD, BG against EMD shall bereturned by IPGCL/PPCL.2) SD in the form of BG should be in the format given at page no 22 to 24 of NIT and should have a validityof 90 days in excess to the expected date of delivery as per PO.3) EMD/SD/PBG to be addressed to IPGCL or PPCL according to PO. All documents pertains toEMD/SD/PBG shall be sent to C&M deptt of IPGCL/PPCL.4) The exemption of EMD in lieu of registration with NSIC/ State Director of Industries is not applicable forthe case of SD.5) The following procedures shall be followed for preparation of CS as per offer submitted (adverse loadingon each factor will be done for comparison purpose in case it is not mentioned specifically. However, for placementof order, the lowest/beneficial terms will be taken.).Payment terms loading- 1.5% per month (whenever parties have quoted 100% through Bank /advance against ourstandard payment terms of 100% after receipt and acceptance of Materials within 30 days.). In case of paymentthrough bank, loading for a period of 30 days and in case of advance payment along with PO, the loading for theperiod of delivery period plus 30 days, shall be taken. In case of 90% through bank, & balance 10% within 30 daysafter receipt and acceptance of materials, Loading factor will be 1.5X0.9= 1.35% Accordingly, for other paymentterms loading factors will be calculated.Transit Insurance Loading - @ 0.25% shall be done if Transit insurance in IPGCL/PPCL scope.Loading procedureBasic Price –Packing & Forwarding charges (on basic price only)Excise duty on (Basic + P&F)Sales Tax on (Basic + P&F + ED)Freight on (Basic + P&F+)Insurance on (Basic + P&F+ED+ST)Payment Term Loading on (Basic + P&F + ED + ST)Note: a) In case of variable prices, variable excise duty etc 10% price escalation per annum shall be presumed andaccordingly on the basis of delivery period, the same shall be proportionately loaded.b) In case of the bidder stipulate Excise duty as applicable at the time of despatch & specifies the present rate ofExcise duty ( a numeric percentage or nil), in such case the offer shall be evaluated considering the maximum rate ofED applicable for the product as per Excise Tariff of Government of India or as evident from other bids received inthe tender. However, the liability of IPGCL shall be as per actual ED applicable at the time of despatch, subject toproduction of Excise Invoice. c) Further the rate of ED shall be restricted to as applicable within the contractualdelivery period only. Increase in ED rate, if any due to delay in supply beyond the contractual delivery period shall notbe payable by IPGCL. However, the benefit of any decreases in ED shall be passed on to IPGCL.In case bidders quote with fixed rate of ED or Specify ED as NIL, the offer shall be evaluated accordingly andpayment shall be restricted accordingly. This is subject to submission of Excise Invoice copy for having actually paidthe Excise Duty or otherwise but claim for any upward revision will not be accepted at a later stage. In case of priceinclusive of ED or firm price excise gate pass will not be insisted.6) Any kind of unsolicited correspondences from vendors after opening of bids could lead to disqualification.7) It is essential for every bidder to submit a certificate along with offer /tender/quotation that whetherregistered under MSMED Act 2006 ( Micro, Small and Medium Enterprise Development Act 2006.8) The offers received through FAX will be rejected up-rightly. Clause No-1 of Instruction to bidders(page No 10 of 24) in NIT may be read accordingly.
- Page 4 and 5: FORM No.E-5Appendix-VIIIELECTRONIC
- Page 8 and 9: MATERIAL DESCRIPTION:Bill of Quanti
- Page 10 and 11: S.NO Material Code Material Name De
- Page 12 and 13: Bill of Quantity (Services)S.NO Ser
- Page 14 and 15: Details of Expansion Joints:- As pe
- Page 16 and 17: 12. Terms of Payment : As per NIT (
- Page 18 and 19: Due date & time of submission of Bi
- Page 20 and 21: Test certificate of Manufacturer/ G
- Page 22 and 23: GENERAL PURCHASE CONDITIONSDefiniti
- Page 24 and 25: liable for damages, infringement an
- Page 26 and 27: All packages and unpacked materials
- Page 29: STATEMENT OF DEVIATIONSBidders Name
- Page 33 and 34: uying) applicable on the date of Ai
- Page 35: FORM OF BANK GUARANTEE IN LIEU OF S
the powers exercisable by it against the said <strong>Co</strong>ntractor and either to enforce or forbear from enforcing anyof the terms and conditions governing the said contract or securities available to <strong>Co</strong>mpany and the saidBank shall not be released from its liability under these presents by any exercise by the company of theliberty with reference to the matters aforesaid or by reason of time being given to the said <strong>Co</strong>ntractor or anyother forbearance, act or omission on the part of the company or any indulgence by the <strong>Co</strong>mpany to thesaid contractor or any other matter or things whatsoever which under the law relating to Securities would befor this provision have effect of so releasing the Bank from its liabilities.5. It shall not be necessary for <strong>Co</strong>mpany to proceed against the <strong>Co</strong>ntractor before proceeding against theBank and Guarantee herein contain shall be enforceable against the Bank not withstanding any securitywhich the company may have obtained or shall obtain from the <strong>Co</strong>ntractor at the time, when proceedingsare taken against the Bank for whatever amount may be outstanding or unrealized.6. We, the said Bank, lastly undertake not revoke this guarantee during its currency except with the previousconsent of the <strong>Co</strong>mpany in writing and agree that any changes in the constitution of the said contractor orthe said Bank shall not discharge our liabilities hereunder. If any further extension of this Guarantee isrequired, the same shall be extended to such required period on receiving instruction from M/s.__________________ on whose behalf this Guarantee is issued.For and on behalf of (the (Bank)In presence of WitnessSignature ________________________Name and Designation ______________1. __________________ Authorization No. ___________________2. __________________ Date & Place ________________________________________Bank’s Seal _______________________Validity of the Bank Guarantee should be 90days in excess from the date of dispatch of materials.
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