RAJASTHAN CO-OPERATIVE DAIRY FEDERATION LIMITED
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