Tender for Supply, Installation, Developmentation and ...
Tender for Supply, Installation, Developmentation and ...
Tender for Supply, Installation, Developmentation and ...
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HINDUSTAN PETROLEUM CORPORATION LIMITED<br />
Purchase Department, Petroleum House, 7th floor, 17 J. Tata Road, Mumbai 400 020.<br />
Phone No : +91-2286 3105 / 3723 Fax No. +91-22-2283 5615, 2284 1098<br />
<strong>Tender</strong> No. 6000094-HD-10003/DSS<br />
Public <strong>Tender</strong> Document<br />
operative Bank will not be accepted even if it is a Scheduled Bank. In case<br />
EMD is given from a Co-operative Bank your offer will be rejected.<br />
In case successful tenderer withdraws his offer/fails to take up the job, his EMD will<br />
be <strong>for</strong>feited <strong>and</strong> no claim whatsoever will be entertained. Linking with earlier<br />
transactions/adjustments with pending bills, or any other amount payable by the<br />
corporation is not allowed.<br />
The Earnest Money is liable to <strong>for</strong>feiture in the event of:<br />
i) Withdrawal of offers during the validity period of the offer/ non-workability of<br />
rates.<br />
ii) Non-acceptance of orders when placed.<br />
iii) Non-confirmation of acceptance or orders within the stipulated time after<br />
placement of orders.<br />
iv) Any unilateral revision made by the tenderer during the validity period of the<br />
offer.<br />
v) Non-execution of the document after acceptance of the contract due to any<br />
dispute of the tenderers or any reason whatsoever<br />
Exemption from Earnest Money:<br />
i. Public Sector Undertakings (State/Central) are exempted from payment of<br />
Earnest Money.<br />
ii. Units registered with National Small Industries Corp. Ltd (NSIC) are exempted<br />
from payment of Earnest Money provided<br />
a. The unit is Registered <strong>for</strong> the item tendered <strong>and</strong> the value of the<br />
quotation does not exceed the value limit given in the certificate produced.<br />
b. Registration Certificate is valid as on date of quotation.<br />
c. Quotation is accompanied by photostat copy of valid NSIC Registration<br />
Certificate & competency certificate.<br />
Earnest Money Deposit Refund will be made to all unsuccessful tenderers after<br />
finalization of tender. EMD of successful bidder(s) shall be returned, without interest<br />
after receipt of necessary Security Deposit. HPCL will not pay any interest on EMD<br />
/ Security Deposit / Retention Money etc.<br />
______________________________<br />
24 of 59 Signature & Seal of <strong>Tender</strong>er