Tender No - IGNOU
Tender No - IGNOU
Tender No - IGNOU
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2.9 DELIVERY AND PENALTY FOR DELAY<br />
2.9.1 The <strong>Tender</strong>er shall deliver, in accordance with the conditions of the order<br />
placed by the Purchaser the time/place and in the manner specified in the<br />
<strong>Tender</strong>. Execution of job is time –bound. Any delay in the supply, installation<br />
and commissioning within the time fixed or in the event of repudiation of the<br />
contract, the Purchaser reserves the right to recover damage for Breach of<br />
Contract as indicated below:<br />
a) To recover from the <strong>Tender</strong>er liquidated damages including administrative<br />
expenses a sum equivalent to 0.05% of the price of the project, incase the<br />
contractor has failed to deliver within the period of 45 days after the issue of<br />
work order fixed for delivery/commissioning for each week or part thereof<br />
during which delivery is in arrears subject to an overall ceiling of 10% of the<br />
total contract price.<br />
b) Contact any other <strong>Tender</strong>er elsewhere without a show-cause notice to<br />
contractor, on the account and at the risk of the <strong>Tender</strong>er of the services not so<br />
delivered or others of a similar description (where services exactly complying<br />
with particulars are not in the opinion of the Purchaser, which shall be final,<br />
readily procurable) without canceling the contract in respect of the installments<br />
not yet due for delivery. If the <strong>Tender</strong>er had defaulted in the performance of the<br />
original contract, the purchaser shall have the right to ignore his tender for risk<br />
purchase even though the lowest.<br />
c) Cancel the contract or a portion thereof without a show-cause notice to the<br />
<strong>Tender</strong>er and if so desired contract or authorize contracting for the services not<br />
so delivered or others of a similar description (where services exactly<br />
complying with particulars are not in the opinion of the Purchaser, which shall<br />
be final, readily procurable) at the risk and cost of the <strong>Tender</strong>er. If the <strong>Tender</strong>er<br />
had defaulted in the performance of the original contract, the purchaser shall<br />
have the right to ignore his tender for risk purchase even though the lowest.<br />
d) All the deliverables, as per the work order placed would be subjected to<br />
appropriate standard testing procedure to the satisfaction of the Purchaser. Only<br />
those items would be considered for acceptance of delivery, which would<br />
qualify such tests.<br />
Signature and Seal of the <strong>Tender</strong>er<br />
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