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CENTRAL INSTITUTE OF TECHNOLOGY ... - CIT, Kokrajhar...

CENTRAL INSTITUTE OF TECHNOLOGY ... - CIT, Kokrajhar...

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7. Fall Clause7.1 The Bidder undertakes that he has not supplied/is not supplying the similar systems orsubsystems at a price lower than that offered in the present bid in respect of any otherDefence/ Public Sector Undertakings/Public sector undertakings/Ministry of Defence andif it is found at any stage that the similar system or sub-system was supplied by theBIDDER to any other Defence Public Sector Undertakings/Public SectorUndertaking/Ministry of Defence at a lower price, then that very price, with dueallowance for elapsed time, will be applicable to the present case and the difference in thecost would be refunded by the BIDDER to the BUYER, if the contract has already beenconcluded.8 Independent External Monitor(s)8.1 The BUYER is in the process of appointing independent Monitors (herein afterreferred to as Monitors), for this Pact in consultation with Central Vigilance Commission.8.2 The task of the Monitor is to review independently and objectively, whether and towhat extent the parties comply with the obligations under this Pact.8.3 The Monitor shall not be subject to instructions by the representatives of the partiesand performs their functions neutrally and independently.8.4 Both the parties accept that the Monitors have the right to access all the documentsrelating to the project / procurement, including minutes of meetings.8.5 As soon as the Monitor notices, or has reason to believe, a violation of this Pact, hewill so inform the Authority designated by the <strong>CIT</strong>, <strong>Kokrajhar</strong> Balagaon, <strong>Kokrajhar</strong>,BTAD, Assam,Pin: – 783370.8.6 The BIDDER(s) accepts that the Monitor has the right to access without restriction toall project documentation of the BUYER including that provided by the BIDDER. TheBIDDER will also grant the Monitor, upon his request and demonstration of a validinterest, unrestricted and unconditional access to his project documentation. The same isapplicable to subcontractors. The Monitor shall be under contractual obligation to treatthe information and documents of the BIDDER(s) / Contractor(s) / Subcontractor(s) withconfidentiality.8.7 The BUYER will provide to the Monitor sufficient information about all meetingsamong the parties related to the Project provided such meetings could have an impact onthe contractual relations between the BUYER and the Contractor. The parties offer to theMonitor the option to participate in such meetings.8.8 The Monitor will submit a written report to the Principal <strong>CIT</strong>, <strong>Kokrajhar</strong> Balagaon,<strong>Kokrajhar</strong>, BTAD, Assam, Pin: – 783370, within 8 to 10 weeks from the date of31

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