Request for Proposal for Appointment of Arrangers for ... - GAIL

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G. Other Conditions of the Tender 1. Bidder must give their complete and un-conditional consent to the scope of work / deliverable, Schedule of Rates and not take any deviation what so ever or give any subjective bid. Any unacceptable deviation or subjective bid will lead to the rejection of the bid. 2. The mandated arranger would be required to enter into a confidentiality agreement with the company as per the attached format. The bidder should give its unconditional agreement to the confidentiality agreement to be eligible for Price bid opening. 3. In case the mandated bank is unable to get the guarantee from the ECA due to reasons other than that attributable to the ECA and /or GAIL, then GAIL has the right to put the mandated bank on a holiday for all future business what so ever for a period of 3 years. 4. In addition to scope of work / deliverables as mentioned in para “D”, the mandated arranger would also co-ordinate with vendor i.e M/s Rolls Royce, USA for obtaining necessary clarification / information / documents to facilitate the due diligence process and in the course of finalization and obtaining the ECA guarantee. Further, the mandated arranger would co-ordinate with vendor i.e M/s Rolls Royce, USA for change in the payment mechanism from LC to ECA backed direct payment. 5. Out of pocket expenses of the Export Credit Rating Agency (ECA) of USA i.e. US Exim or any other ECA if any shall be reimbursed to the ECA directly by GAIL at actuals against supporting documents.
H. Time Period The time period for completion of finalization of the scope / deliverable and getting the guarantee from US Exim is 4 months from the issue of mandate letter unless delayed due to reasons attributable to ECA and / or GAIL for which time extension will be given. I. Payment Terms 1. 80% of the fees as per the SOR will be paid as a success fee on issue of guarantee by US Exim. 2. 20% of the fees on completion of balance services including the assistance in preparation of the Term Sheet as specified in the Scope & Deliverables. 3. The fees would be payable within 30 days from the date of receipt of the cenvatable invoice from the bidder. 4. No additional out of pocket expenses would be payable. The fees as quoted would deem to include the out of pocket expenses if any for obtaining the guarantee from US Exim. No expense other than the fees as quoted would be payable by GAIL for the entire scope of work / deliverable. 5. The fees quoted shall be firm and fixed till the completion of the assignment and shall be inclusive of all taxes and duties except service tax, if any, payable in India.
Page 1 and 2: Request for Proposal for Appointmen
Page 3 and 4: to Sangarur • New Pipeline of 30
Page 5 and 6: 1 st Stage bidding In the first sta
Page 7 and 8: 7. GAIL also reserves the right to
Page 9 and 10: Documentary Proof The bidder should
Page 11: mandate for funding. However, in ca
Page 15 and 16: DRAFT CONFIDENTIALITY AGREEMENT Thi
Page 17 and 18: Party and who are informed by Recip

Request for Proposal for Appointment of Arrangers for ... - GAIL

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