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Tender for Appointment of CA Firm to undertake Internal Audit of Tea ...

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13. SUBCONTRACTS:The Supplier shall notify the purchaser in writing <strong>of</strong> all subcontracts awarded if not alreadyspecified in his bid. Such notification in his original bid or later shall not relieve the supplier fromany liability or obligation under the Contract.14. TIME PERIOD OF WORK:The tender will remain valid till the end <strong>of</strong> 12 th Five Year Plan (i.e. 31-03-2017) <strong>of</strong> theGovernment <strong>of</strong> India.15 Forfeiture <strong>of</strong> Per<strong>for</strong>mance SecurityForfeiture <strong>of</strong> Security Deposit: Security amount in full or part may be <strong>for</strong>feited in the followingcases:1. When the terms and conditions <strong>of</strong> contract is breached.2. When the bidder fails <strong>to</strong> make complete service satisfac<strong>to</strong>rily.3. When contract is being terminated due <strong>to</strong> non-per<strong>for</strong>mance <strong>of</strong> the bidder.4. Notice <strong>of</strong> reasonable time will be given in case <strong>of</strong> <strong>for</strong>feiture <strong>of</strong> security deposit. Thedecision <strong>of</strong> the Purchaser in this regard shall be final.16 FORCE MAJEURE:16.1 If any time, during the continuance <strong>of</strong> this contract, the per<strong>for</strong>mance in whole or in part byeither party or any obligation under this contract shall be prevented or delayed by reason <strong>of</strong>any war, or hostility, acts <strong>of</strong> the public enemy, civil commotion sabotage, fires, floods,explosions, epidemics, quarantine restrictions, strikes, lockouts or act <strong>of</strong> God (Herein afterreferred <strong>to</strong> as events) provided notice <strong>of</strong> happenings, <strong>of</strong> any such eventuality is given byeither party <strong>to</strong> the other within 21 days from the date <strong>of</strong> occurrence there<strong>of</strong>, neither partyshall by any reason <strong>of</strong> such event be entitled <strong>to</strong> terminate this contract nor shall either partyhave any such claim <strong>for</strong> damages against the other in respect <strong>of</strong> such non-per<strong>for</strong>mance ordelay in per<strong>for</strong>mance, and deliveries under the contract shall be resumed as soon aspracticable after such event may come <strong>to</strong> an end or cease <strong>to</strong> exist, and the decision <strong>of</strong> thepurchaser as <strong>to</strong> whether the delivery have been so resumed or not shall be final andconclusive, provided further that if the per<strong>for</strong>mance, in whole or part <strong>of</strong> any obligation underthis contract is prevented or delayed by reason <strong>of</strong> any such event <strong>for</strong> a period exceeding 60days either party may, at his option terminate the contract.16.2 Provided also that if the contract is terminated under the clause, the purchaser shall be atliberty <strong>to</strong> take over from the contrac<strong>to</strong>r at a price <strong>to</strong> be fixed by the purchaser, which shall befinal, all unused, undamaged and acceptable materials, bought out components and s<strong>to</strong>resin the course <strong>of</strong> manufactures in possession <strong>of</strong> the contrac<strong>to</strong>r at the time <strong>of</strong> such termination<strong>of</strong> such potions there<strong>of</strong> as the purchaser may deem fit excepting such materials bought outcomponents and s<strong>to</strong>res as the contracts may with the concurrence <strong>of</strong> the purchaser elect <strong>to</strong>retain.17 TERMINATION FOR DEFAULT:18.1 The purchaser may, without prejudice <strong>to</strong> any other remedy <strong>for</strong> breach <strong>of</strong> contract, by writtennotice <strong>of</strong> default, sent <strong>to</strong> the supplier, terminate this contract in whole or in part.(a) If the Supplier fails <strong>to</strong> deliver any or all <strong>of</strong> the services within the time period(s) specifiedin the Contract or any extension there<strong>of</strong> granted by the purchaser pursuant <strong>to</strong> clause15.(b) If the supplier fails <strong>to</strong> per<strong>for</strong>m any other obligation(s) under Contract: and

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