gail (india) limited gail (india) limited
gail (india) limited gail (india) limited
gail (india) limited gail (india) limited
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गेल गेल गेल<br />
(इंिडया इंिडया इंिडया) इंिडया<br />
इंिडया<br />
) )<br />
)<br />
िलिमटेड<br />
िलिमटेड<br />
िलिमटेड<br />
िलिमटेड<br />
GAIL (India) Limited<br />
Tender submitted by the Contractor for each item and in such a way that interpolation is not possible. The<br />
amount for each item should be worked out and entered and requisite total given of all items, both in 'figures'<br />
and in 'words'. The tendered amount for the work shall be entered in the Tender and duly signed by the<br />
bidder. If some discrepancies are found between the rates in 'figures' and 'words' or the 'amount' shown in the<br />
Tender, the following procedure shall be followed:<br />
(a) When there is difference between the 'rates' in 'figures' and 'words', the 'rate' which corresponds to the<br />
'amount' worked out by the bidder shall be taken as correct.<br />
(b) When the 'rate' quoted by the bidder in 'figures' and 'words' tally but the 'amount' is incorrect the 'rate'<br />
quoted by the bidder shall be taken as correct.<br />
(c) When it is not possible to ascertain the correct 'rate' by either of above methods, the 'rate' quoted in<br />
'words' shall be taken as correct.<br />
Note: Cutting / overwriting shall be avoided and if occurs all corrections / overwriting shall be signed and<br />
authenticated by the bidder or by his authorized signatory without fail.<br />
15.2 The amount stated in the bid will be adjusted by the Owner in accordance with the above procedure for the<br />
correction of errors and, with the concurrence of the bidder, shall be considered as binding upon the bidder. If<br />
the bidder does not accept the corrected amount of bid, its bid will be rejected, and the 'Bid Security' shall be<br />
forfeited.<br />
16.0 GAIL'S RIGHT TO ACCEPT ANY BID AND TO REJECT ANY OR ALL BIDS<br />
16.1 GAIL (India) Limited reserves the right to accept or reject any bid, and to annul the bidding process and reject<br />
all bids, at any time prior to award [of Sale Order], without thereby incurring any liability to the affected bidder<br />
or bidders or any obligations to inform the affected bidder or bidders of the ground for GAIL's action.<br />
16.2 The bidder should thoroughly satisfy themselves about the nature, specifications, conditions and quality of the<br />
materials and their working conditions before submission of bids. GAIL (India) Limited gives no guarantee or<br />
warranty as to the condition of the materials or its quality or its fitness for any specific purpose or use. It should<br />
be clearly understood that no claim / complaint about the quality, specifications, quantity and conditions /<br />
fitness for the use shall be entertained by GAIL (India) Limited.<br />
17.0 EARNEST MONEY DEPOSIT/SECURITY DEPOSIT<br />
17.1 Bid must be accompanied with 'Earnest Money / Bid Security' amounting to 10% (ten per-cent) of the "Total<br />
Quoted Value" or minimum "Rs. 5,000.00", whichever is higher. The same should be in the form of "Demand<br />
Draft / Banker's Cheque" in favor of "GAIL (INDIA) LIMITED", payable at "STATE BANK OF INDIA [Branch:<br />
GAIL-Complex, Vijaipur; Distt. Guna, (MP); Code: 06635]" only.<br />
However, bidders should furnish the break-up of the 'Earnest Money / Bid Security' submitted against each lot<br />
quoted for in the appropriate column provided for this purpose in the "SOR". For the purpose of calculation of<br />
'Earnest Money / Bid Security', taxes and duties, etc. will not be considered.<br />
17.2 'Earnest Money/Bid Security' in any form other than Demand Draft / Banker's Cheque shall not be entertained.<br />
17.3 In case of unsuccessful bidders, the 'Earnest Money / Bid Security' will be refunded after the expiry of the bidvalidity<br />
or earlier at the discretion of GAIL (India) Limited.<br />
17.4 In case the Tender is accepted and after the receipt of the due payments towards full value of the materials<br />
including taxes [as the case may be] as per the payment terms stipulated elsewhere in the Tender Document,<br />
the 'Earnest Money / Bid Security' of successful bidder shall be automatically converted into 'Security Deposit'.<br />
In case the Tender is accepted and the bidder / buyer refuses / fails to make further financial arrangements<br />
towards the full value of materials including taxes as stipulated in the Tender Document, the 'Earnest Money /<br />
Bid Security' shall be forfeited.<br />
17.5 No interest is payable by GAIL (India) Limited on the 'Earnest Money / Bid Security'. The 'Security Deposit' is<br />
refundable to the Buyer only on fulfillment of all contractual obligations to the satisfaction of GAIL's<br />
representative whose certificate in this regard shall be final and binding on the Buyer.<br />
18.0 SALE ORDER<br />
The Contract shall be treated as having been entered into as soon as "Letter of Acceptance" / "Sale Order" is<br />
issued by GAIL (India) Limited to the successful bidder / Buyer. The Contract shall be deemed to be<br />
completed as soon as the material will be lifted from GAIL's premises and area is cleared by the Buyer.<br />
TENDER NO: GAIL/VJP/C&P-STORES/SCRAP/2007-08 PAGE: 10 OF 42<br />
FOR: DISPOSAL OF OLD & USED FIRE TENDER, METAL SCRAP, RUBBER & PLASTIC SCRAP, USED OIL, EMPTY DRUMS, PLASTIC CANS, CABLE CUT-PIECES, SCRAP PIPES (FULL<br />
LENGTH & CUT PIECES), UNSERVICEABLE AIR-CONDITIONERS & OTHER UNSERVICEABLE ITEMS, LYING AT GAIL (INDIA) LIMITED, VIJAIPUR