N.B.: The Bidders should quote for minimum 1000 MT . 2 ... - Tender
N.B.: The Bidders should quote for minimum 1000 MT . 2 ... - Tender
N.B.: The Bidders should quote for minimum 1000 MT . 2 ... - Tender
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( 4 )<strong>quote</strong>d, cannot refuse the payment. This shall also mean that the <strong>Bidders</strong> cannot withdraw, vary or change their Bids until the validity period is over. Once therate is accepted by the management of Roida-C Iron & Manganese Mines ofIDCOL, the price shall remain firm during the period of contract.7. Loading & Transportation (by road dispatch) – It shall be arranged by thebuyer in compliance with the statutory provisions. <strong>Bidders</strong> selected shall load intheir trucks the Iron Ore lump in Roida-C Mine and transport it to requireddestination at their cost.8. Sampling & Analysis – It shall be conducted in our laboratory and ourLaboratory analysis report is final and binding <strong>for</strong> all purposes. In case, thebuyer so desire, they may depute their authorised representative/Analyst at thetime of sampling & analysis.9. E.M.D. - <strong>The</strong> bidder has to submit Demand Draft as indicated in the table (Sl.1,Page.1 of <strong>Tender</strong> call Notice) as EMD in favour of “ <strong>The</strong> I.D.C. of Orissa Ltd. ”payable at Bhubaneswar on any Nationalised Bank situated at Bhubaneswaralong with the offer failing which, the offer will not be taken in to consideration.<strong>The</strong> EMD of unsuccessful bidder shall be refunded as early as possible. <strong>The</strong> EMDof successful bidder shall be converted in to Security deposit (interest free) andin the event of failure to deposit 100% sale value within stipulated period asmentioned in Clause 10, the Security deposit thereof shall be <strong>for</strong>feited and thedeals will be closed. <strong>The</strong> bidders, who have already deposited the EMD amountearlier and is retained by IDCOL / IKIWL, need not submit further. Only theyhave to furnish the details of deposit at Clause No.7 of the General Bid Format.10. Payment – <strong>The</strong> buyer has to deposit 100% sale value within four days inshape of Demand Draft drawn in favour of IDCOL KALINGA IRON WORKS LTD.-MINES RECEIPT ACCOUNT payable at Barbil / “ <strong>The</strong> I.D.C. of Orissa Ltd. ”payable at Bhubaneswar. / Through RTGS. Detail bank address shall bementioned on Sale Order.
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