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RAJASTHAN CO-OPERATIVE DAIRY FEDERATION LIMITED

RAJASTHAN CO-OPERATIVE DAIRY FEDERATION LIMITED

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18<br />

The tenderer is therefore advised to take note of this important<br />

condition. The successful tenderer should therefore take immediate<br />

action for execution of agreement and submission of bank guarantee of<br />

advance, if desired, within 10 to 15 days of placement of purchase<br />

order. It normally takes 30 days to release the advance, subject to<br />

submission of B.G. as per our format.<br />

(c) In case of failure by supplier in making deliveries within the time<br />

specified, the Rajasthan Co-operative Dairy Federation Ltd. may<br />

procure the materials supplies and services from any other sources and<br />

hold the suppliers responsible for any losses occurred thereby. Further<br />

the Rajasthan Co-operative Dairy Federation Ltd. reserves the right to<br />

terminate the services of such suppliers in such case without assigning<br />

any reasons thereof.<br />

(d) In case supplier fails to supply machinery/equipment in delivery period,<br />

interest at the rate of 19% per annum will be charged on the advance<br />

amount from the date by which delivery fails due to the actual date of<br />

supply unless an extension in delivery period is mutually agreed to by<br />

the supplier and RCDF.<br />

11.0 Compensation for delay :<br />

Clause 1 :<br />

The time allowed for carrying out the work as entered in the tender shall<br />

be strictly observed by the contractor and shall be reckoned from the 15 th day<br />

after the date of written order to commence the work as given to the contractor.<br />

The work shall throughout the stipulated period of the contract be proceeded<br />

with all due diligence, time being deemed to be the essence of the contract on<br />

the part of the contractor and the contractor shall pay as compensation an<br />

amount equal to half percent or such smaller amount as the Managing Director,<br />

RCDF Ltd. (whose decision shall be final) may decide on the tendered amount<br />

for every week that the work remains uncommenced or unfinished after the<br />

proper date subject to a maximum of 5% of the net value of each item of the<br />

accepted order which remains undelivered or partially delivered if the delivery<br />

has not been made the order stands cancelled ten weeks after expiry of the<br />

stipulated delivery unless the validity is extended in writing by the Rajasthan<br />

Co-operative Dairy Federation Ltd.<br />

And further to ensure good progress during the execution of work, the<br />

contractor shall be bound in all cases in which the time allowed for any work<br />

exceeds one month (save door special jobs) to complete 1/8 th of the whole of<br />

the work before ¼ th of the whole time allowed under the contract has elapsed.<br />

The contractor shall further be bound to carry out the work in accordance with<br />

the dates and quantities as may be given by RCDF from time to time.<br />

(Signed & sealed by the tenderer<br />

in token of acceptance of above)<br />

(RCDF)<br />

Jaipur

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