(1 ) industrial development corporation of orissa limited - Tender

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( 4 )sealed envelope shall be submitted in the office of M/s. Industrial DevelopmentCorporation of Orissa Limited, IDCOL House, Unit-II, Ashok Nagar,Bhubaneswar-751009, Dist Khurda, Orissa, so as to reach there before 4.00 PMon the last date prescribed for receipt of bids and mentioned in the Tender CallNotice advertised. Bidders may, at their discretion, not submit the “terms andconditions “ part of this document as it is available on the websitewww.idcorissa.com for all to see. But they must follow its provisions and submitall the documents and information required by the “terms and conditions” part. Inany case, if a bid has been submitted, it shall be presumed that the “terms andconditions” part has been accepted by the bidder.13. Tenders (or bids) may be submitted in the office of IDCOL by post, courier,personally or otherwise. Receipt Section of the office of M/s. IDCOL shall issuereceipts voluntarily under proper seal and signature in case of submission of bids inperson. All the bids received, in manner whatsoever, shall be promptly forwarded byReceipt Section to Commerce Department for further necessary action.14. M/s. IDCOL shall not be responsible for the postal or other delays in reachingthe bids in its office.15. The bidders must give their (business entity) full name, address, FAXnumber, telephone number and e-mail address in the General Bid format to besubmitted by them. They must submit and/or fill in it faithfully and accurately all theother information / documents required by this format. Otherwise, the bids may berejected. The bids will be rejected if the FAX number is not given.16. All the bids received shall be opened as early as possible after the time limitand date fixed for receipt of bids is over.17. The successful bidder shall be asked to pay in advance within seven days thefull tentative amount, which shall include CST, railway freight etc. by CrossedDemand Draft drawn in favour of M/s. IDCOL Kalinga Iron Works Ltd., Matkambeda,Barbil, District Keonjhar, ORISSA and payable at Barbil./ The IndustrialDevelopment Corporation of Orissa Ltd., payable at Bhubaneswar. The tentativeamount above could be slightly on the higher side and the balance will be refundedimmediately after the billing. The intimation to pay in advance will be given by fax /phone or otherwise at the address given in the General Bid format. Notwithstandingthe intimation as above, the bidders shall keep in touch with the Head (Commerce),IDCOL Corporate Office (Tel. No.0674 -2530036 / 2533459 and Fax No.0674-2533286 / 2530518) about the fate of their bids. Non-receipt of intimation above atthe given address in time shall not be permitted to be the reason for non-paymentwithin the stipulated time.
( 5 )18. On receipt of advance payment of full tentative amount, the requisition forrake shall be placed by M/s. IKIWL with the Railway authorities. M/s. IKIWL or M/s.IDCOL shall not be responsible for the time taken by Railway authorities in placingthe rake. The iron ore shall be loaded by M/s. IKIWL immediately on placing of rakeand consignment advice shall be obtained in favour of the successful bidder makingthe payment.19. Exact quantity of iron ore loaded in rake can only be ascertained afterrecording of weight by the Railways. The billing shall be done, accordingly. Thetaxes and charges shall be payable as applicable on the date of billing. Successfulbidder will become the purchaser after this stage.20. No interest will be payable either on EMD or on advance payment or on anyretained amount.21. In case of default on the part of successful bidder in making advancepayment of full tentative amount within the stipulated period, M/s. IDCOL (and M/s.IKIWL) reserve the right to forfeit the EMD and shall also be free from all thecontractual obligations pertaining to the sale in question. M/s. IDCOL shall have theright to sell the rake load of iron ore in any manner considered desirable by them.22. The consignment advice and railway receipt shall be sent by post or courier tothe purchaser. It can also be handed over to their authorized representative inBarbil.23. After sending or handing over the consignment advice, it shall be theresponsibility of purchaser to make arrangement for receiving and unloading therake load of iron ore at the receiving destination by maintaining liaison with theRailway authorities. All the charges for unloading and demurrage (if any) payable tothe Railway authorities etc. at the receiving end shall be the responsibility of thepurchasers.24. M/s. IDCOL (or M/s. IKIWL) shall not bear the transit risk. It shall be theresponsibility of the purchaser to claim the compensation from the Railways for theloss of iron ore, if any, during the transit. They shall also pay the penalty imposed byrailways if any, after the Consignment Advice / R.R. has been issued by them.25. The quality and specifications of the iron ore mentioned in the Tender CallNotice are only indicative to facilitate the submission of bids. Their accuracy is notguaranteed. M/s. IDCOL (or M/s. IKIWL) shall not entertain any objection to thequality or specifications of the iron ore. It shall be the responsibility of the intendingbidders to collect their own information and check at their cost the quality andspecification of the iron ore in question before bidding, if they so desire. They shallbe allowed to take the samples for their tests for this purpose.
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(1 ) industrial development corporation of orissa limited - Tender

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