Supply, installation, testing and commissioning of pcs and ... - GAIL
Supply, installation, testing and commissioning of pcs and ... - GAIL
Supply, installation, testing and commissioning of pcs and ... - GAIL
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16. Transit Risk<br />
Insurance<br />
CONSULTANT.<br />
General Conditions <strong>of</strong> Contract (Goods)<br />
15.5 In the event <strong>of</strong> delay in delivery, Price Reduction<br />
Schedule as stipulated in Article – 26 shall apply.<br />
15.6 The documentation, in English Language, shall be<br />
delivered in due time, in proper form <strong>and</strong> in the required<br />
number <strong>of</strong> copies as specified in the contract.<br />
15.7 The additional copies <strong>of</strong> final drawings <strong>and</strong> instructions<br />
will be included in the package <strong>of</strong> goods, properly<br />
enveloped <strong>and</strong> protected.<br />
15.8 The SELLER should comply with the Packing, Marking<br />
<strong>and</strong> Shipping Documentation Specifications enclosed.<br />
16.1 All goods supplied under the contract shall be fully<br />
insured in a freely convertible currency against loss or<br />
damage incidental to manufacture or acquisition,<br />
transportation, storage <strong>and</strong> delivery.<br />
16.2 Where delivery is on FOB or CFR basis, marine<br />
insurance shall be the responsibility <strong>of</strong> the Purchaser.<br />
Insurance Requirements :<br />
Indigenous Bidders : Transit risk insurance from<br />
F.O.T. despatch point onwards<br />
shall be arranged <strong>and</strong> borne by<br />
<strong>GAIL</strong>.<br />
Foreign Bidders : Marine insurance as well as<br />
transit insurance in Purchaser’s<br />
country shall be arranged <strong>and</strong><br />
borne by <strong>GAIL</strong>.<br />
The SELLER shall ensure that in effecting despatch <strong>of</strong><br />
materials, the primary responsibility <strong>of</strong> the carriers for<br />
safe movement is always retained so that the<br />
PURCHASER’s interests are fully safeguarded <strong>and</strong> are<br />
in no way jeopardised. The Seller shall furnish the cost<br />
<strong>of</strong> materials against each equipment.<br />
16.2 PURCHASER’s Insurance Agent :<br />
[The name <strong>and</strong> address-as mentioned under SCC]<br />
17. Transportation 17.1 Where the SELLER is required under the CONTRACT<br />
to deliver the GOODS FOB, transport <strong>of</strong> the GOODS<br />
until delivery, that is, upto <strong>and</strong> including the point <strong>of</strong><br />
putting the GOODS on board the export conveyance at<br />
the specified port <strong>of</strong> loading, shall be arranged <strong>and</strong> paid<br />
for by the SELLER <strong>and</strong> the cost there<strong>of</strong> shall be<br />
included in the Contract price.<br />
Rev.0: May’04 11<br />
17.2 Where the SELLER is required under the CONTRACT<br />
to deliver the GOODS CFR or CIF, transport <strong>of</strong> the<br />
Goods to the port <strong>of</strong> discharge or such other point in the<br />
country <strong>of</strong> destination as shall be specified in the<br />
CONTRACT shall be arranged <strong>and</strong> paid for by the