Nepal Telecom

Nepal Telecom
Nepal Doorsanchar Company Limited
Clause
No.
Particulars of Nepal Telecom’s Requirements
remedial action as may be necessary, at the Supplier's risk and
expense and without prejudice to any other rights which the Nepal
Telecom may have against the supplier under the Contract.
6.5 During the delivery and testing, if some of the items found missing,
short-supplied or damaged, the Supplier shall supply/ replace these
items without any cost to the Nepal Telecom, and all the costs
including customs and other local taxes shall be borne by the
Supplier.
7 Payment (*)
100% payment of the foreign currency component for the goods
shall be made through Irrevocable Letter of Credit (L/C) for the
foreign currency component. The L/C for the amount of the Hardware
and Software only will be opened first. The amount for the service
portion will be added afterwards by amending the original L/C.
Bidder shall state as:
Fully Compliant
/Partially Compliant
/Non Compliant
All payment under this contract shall be made only after deduction
of withholding tax (TDS – Tax Deduction at Source) as per the
Income tax law of Government of Nepal applicable at the time of the
payment.
Opening of L/C
The Nepal Telecom shall open irrevocable L/C within fifteen (15)
days from the date of signing the contract, provided error free proforma
invoice has been received within seven (7) days. Delay in
submission of the correct pro-forma invoice may result in delay in
opening of letter of credit which ultimately may delay the
implementation of the system and shall attract liquidated damage.
The Supplier shall provide separate pro-forma invoices for the goods
and services. The breakdown costs of the freight and insurance along
with the costs of goods to be delivered shall be clearly mentioned in
the pro-forma and commercial invoice.
The lot wise Payment of the foreign currency component of the
Goods and Services shall be made in the following manner.
7.1 Payment for goods
7.1a Payment for goods
On Delivery: Eighty (80%) payment of the Price of the goods shall
be made on the issuance of the Delivery Completion Certificate
(DCC) to be issued by Nepal Telecom for the receipt of all the goods
under the particular lot at Mobile Service Directorate store through
Irrevocable Letter of Credit (L/C) open in favour of the Supplier in a
bank in its country.
7.1b Balance Payment: The remaining twenty (20%) percent of contract
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Tender No.: NDCL/MSD-04/066-67 for Supply and Delivery of Recharge Cards for GSM Pre-Paid Service
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