TENDER - IDCO

incidental works and supply of all accessories or apparatus which may not have been
specifically mentioned in the specification or drawings but otherwise necessary for
ensuring complete erection and safe and sufficient working of the plant and equipment
or installation.
Deviation:
In case the tenderer wish to deviate in any way from the General Conditions of
contract or the Technical Specifications, he should draw specific attention to such
departure in his tender. All such deviations shall be clearly mentioned in the Deviation
Sheet giving the corresponding reference clause Number. Terms such as See covering
letter or Tender printed General Terms & Condition are not acceptable, unless such
deviations are submitted with the tender, it will be understood and agreed that the
tenderers proposal is based on strict conformance to purchasers specification in all
respects.
Price:
i. The unit rates quoted for design, engineering manufacturing supply at site,
storage, handling installation, testing and commissioning shall be inclusive of
all taxes, duties, royalties and all other taxes applicable such as sales tax on
work contract and income tax etc.
ii. The prices are to be quoted on the lump-sum price based on item rates as
indicated in the specification. THE TENDERER SHALL QUOTE FIRM PRICES FOR THE
COMPLETE SCOPE OF WORK. The prices are to be quoted for the work complete in
all respects in strict accordance with the specifications. Should the Tenderer
wish to propose alternatives the same should be clearly mentioned in the
deviation. Any action on the part of the Tenderer to revise the price/ prices/
and/ or to change the structure of price/ prices at his own instance after
opening of the tender may result in rejection of the tender.
Terms of Payment:
Subject to any deduction which the owner may be authorized to make under the
contract, the contractor shall on the certificate of the engineer or his authorized
representatives whose certificate will be final regarding evidence of materials at site
and completion or erection etc. be entitles to payments generally as follows.
1. 90% payment will be paid after receipt, verification, acceptance and erection, of the
installation.
2. Balance 10% will be released after testing & commissioning of the installation
against submission of the B.G. equivalent to the 10% of the contract price.
No. of Correction :
No. of overwriting :
Signature of the Contractor