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Nepal Telecom IBM Compatible Computers and Spares October, 2009

Nepal Telecom IBM Compatible Computers and Spares October, 2009

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<strong>Nepal</strong> <strong>Telecom</strong><br />

<strong>Nepal</strong> Doorsanchar Company Limited<br />

Price”. However, the final total contract price shall be finalized during contract negotiation with the<br />

successful bidder. <strong>Nepal</strong> <strong>Telecom</strong> will subsequently issue a Letter of Intent (LOI) to initiate<br />

negotiation between the bidder <strong>and</strong> <strong>Nepal</strong> <strong>Telecom</strong>. Upon successful negotiation, the <strong>Nepal</strong><br />

<strong>Telecom</strong> shall award the contract to the successful bidder.<br />

18. <strong>Nepal</strong> <strong>Telecom</strong>'s Right to accept or reject any or all Bids<br />

Notwithst<strong>and</strong>ing Clause No. – 17, the <strong>Nepal</strong> <strong>Telecom</strong> reserves the right to accept or reject partially<br />

or fully any bid, <strong>and</strong> to annul the bidding process <strong>and</strong> reject all bids, at any time prior to award of<br />

contract, without thereby incurring any liability to the affected bidder, or bidders or any obligation<br />

to inform the affected bidder or bidders of the grounds for the <strong>Nepal</strong> <strong>Telecom</strong>'s action.<br />

19. <strong>Nepal</strong> <strong>Telecom</strong>'s Right to Vary Quantities<br />

The <strong>Nepal</strong> <strong>Telecom</strong> reserves the right at the time of award of contract, to increase or decrease the<br />

quantity of goods <strong>and</strong> services, specified in the Schedule of Requirement, by up to twenty percent<br />

(20%) of the total contract price without any change in unit price or other terms <strong>and</strong> conditions.<br />

20. Signing of Contract<br />

After the receipt of the Letter of Intent (LOI) from <strong>Nepal</strong> <strong>Telecom</strong>, the successful bidder shall send<br />

its authorized representative within fifteen (15) days for contract negotiation <strong>and</strong> signing the<br />

contract. At the time of signing the contract, the Supplier shall submit a Performance Security in the<br />

form of bank guarantee for ten percent (10%) of the amount of the contract in the same currency as<br />

that of the contract or equivalent in US$.<br />

Non-submission of performance security at the time of signing the contract may lead to the<br />

cancellation of the contract.<br />

21. Local Agent<br />

The bidder selected for contract award shall appoint a local agent prior to contract signature <strong>and</strong><br />

conduct all correspondence through the local agent if the bidder is from outside <strong>Nepal</strong>. While<br />

appointing the local agent in <strong>Nepal</strong>, the successful bidder shall declare the percentage of<br />

commission <strong>and</strong> currency of payment payable to the local agent at the time of signing of the<br />

contract.<br />

End of Section III: Instructions to Bidders (ITB)<br />

Tender No: NDCL/10/066-67 for Supply <strong>and</strong> Delivery of <strong>IBM</strong> <strong>Compatible</strong> <strong>Computers</strong> <strong>and</strong> <strong>Spares</strong><br />

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