NATIONAL ALUMINIUM COMPANY LIMITED - Rites

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12.01 Passage of Risk/Ownership
The title to all Indian materials, delivered by the contractor, shall pass on to the Purchaser on its
being handed over to the nominated transporter.
13.00 LIQUIDATED DAMAGES FOR DELAY IN COMPLETION (LD)
If the contractor fails in the due performance of the contract to supply / erection/ testing/
commissioning the equipment within the time fixed by the contract or any extension thereof, he
shall be liable at the discretion of the Engineer to the Liquidated damages and not by way of
penalty amounting to one half of one percent (1/2%) of the contract price per week. The
contractor’s liability for delay shall not in any case exceed ten percent (10%) of the total contract
price.
If the Contractor shall fail to supply the equipment or any part thereof within a reasonable period
after the expiry of the appointed time or extended time as may be provided for in the contract, the
provisions in Clause No. 28 “Negligence” shall become operative, in addition to the liability of L.D.
as above.
14.00 IMPORT LICENCE AND FOREIGN EXCHANGE
In case of supply of equipment of indigenous manufacture including any imported components, the
Contractor shall arrange for necessary Import License & Foreign Exchange.
In the event of Contractor requiring Actual User’s for import of equipment and/components,
Purchaser shall arrange for obtaining necessary assistance in this regard. Government
authorization may be required to permit the manufacture of certain equipment. The parties shall
assist each other in every manner possible in securing such authorization.
15.00 CONTRACTOR’S DOCUMENTS, DRAWINGS AND INSTRUCTION MANUALS
15.01 The Contractor shall be responsible for developing detail drawings to adapt his equipment and
materials to the requirement indicated in the tender specification.
15.02 Within a reasonable time not exceeding thirty days from the date of receipt Purchaser’s Letter of
Intent, the Contractor shall provide the Purchaser with the following drawings and data:
a) Six (6) marked up copies of technical particulars to make them conforming to accepted
proposals.
b) Outline drawings of all equipment together with weights and sufficient overall dimensions
to enable the Purchaser to design foundations and structures and associated equipment.
Tender Documents Commercial (Indigenous) Page 15 of 56