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Bid Document - Nabi.res.in

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CHAPTER – XII: CONTRACT FORM<br />

THIS AGREEMENT made the …….day of ………………….200….between……………………. Executive Director, National Agri-<br />

Food Biotechnology Institute, Mohali India (here<strong>in</strong>after “the Purchaser”) of the one part and …………..(Name of Supplier) of<br />

………………….(City and Country of Supplier) (here<strong>in</strong>after called “the Supplier”) of the other part:<br />

WHEREAS the Purchaser <strong>in</strong>vited bids for certa<strong>in</strong> Goods and ancillary services viz.,<br />

……………………………(Brief Description of Goods and Services) and has accepted a bid by the Supplier for the supply of<br />

those goods and services <strong>in</strong> the sum of ………………….(Contract Price <strong>in</strong> Words and Figu<strong>res</strong>) (here<strong>in</strong>after called “the Contract<br />

Price”).<br />

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:<br />

1. In this Agreement words and exp<strong>res</strong>sions shall have the same mean<strong>in</strong>gs as are <strong>res</strong>pectively assigned to them <strong>in</strong> the<br />

Conditions of Contract referred to.<br />

2. The follow<strong>in</strong>g documents shall be deemed to form and be read and construed as part of this Agreement, viz:<br />

(a) the <strong>Bid</strong> Form and the Price <strong>Bid</strong> submitted by the <strong>Bid</strong>der;<br />

(b) the Technical Specifications;<br />

(c) the General Conditions of Contract;<br />

(d) the Special Conditions of Contract; and<br />

(e) the Purchaser’s Notification of Award/Purchase Order.<br />

3. In consideration of the payments to be made by the Purchaser to the Supplier as here<strong>in</strong>after mentioned, the Supplier<br />

hereby covenants with the Purchaser to provide the goods and services and to remedy defects there<strong>in</strong> conformity <strong>in</strong> all<br />

<strong>res</strong>pects with the provisions of the Contract.<br />

4. The Purchaser hereby covenants to pay the Supplier <strong>in</strong> consideration of the provision of the goods and services and the<br />

remedy<strong>in</strong>g of defects there<strong>in</strong>, the Contract Price or such other sum as may become payable under the provisions of the<br />

Contract at the times and <strong>in</strong> the manner p<strong>res</strong>cribed by the Contract.<br />

Brief particulars of the goods and services which shall be supplied / provided by the Supplier are as under:<br />

ITEM DESCRIPTION & QTY.<br />

AMOUNT<br />

Payment Terms<br />

Delivery Schedule<br />

Agency Commission<br />

[TO BE PAID IN EQUIVALENT INR]<br />

FOB/FCA/CIF/CIP<br />

IN WITNESS whereof the parties hereto have caused this Agreement to be executed <strong>in</strong> accordance with their <strong>res</strong>pective laws<br />

the day and year first above written.<br />

Signed, Sealed and Delivered by the<br />

Said…………………………………(For the Purchaser)<br />

In the p<strong>res</strong>ence of ………………………………….<br />

Signed, Sealed and Delivered by the<br />

Said……………………………………………(For the Supplier)<br />

In the p<strong>res</strong>ence of ………………………………………….<br />

Page 24 of 28

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