Pipelaying Tender-VOL I - WorleyParsons.com

3.1.1 Prices shall be furnished strictly in the appropriate price Schedule format enclosed with the biddocument.3.1.2 Quoted prices for supply/ services shall remain firm and fixed till complete execution oforder irrespective of any change in cost of raw material, labour, statutory or otherwise andor variation in quantities.3.1.3 Bidder's quoted prices shall be deemed to include entire scope of work and all obligations andresponsibilities to be carried out/ executed by the Bidder as per terms of bid document.3.1.4 The supplier / contractor agrees to and does hereby accept full and exclusive liability for thepayment of Anti-Dumping Duty now or hereafter imposed, increased, modified. Tax deductionswill be made as per the rules and regulations in force in accordance with acts prevailing from timeto time.3.1.5 Quoted prices must be net of discount, if any.3.2 TAXES & DUTIES3.2.1 The following shall be appended as sub clause no.7.d.6 is appended to clause 7.d of GTC:3.2.1.1 This is vendor's responsibility to correctly ascertain all applicable taxes & duties (includingentity tax and Octroi if applicable) for subject tender and should quote accordingly. The biddershall be exclusively responsible for taxes & duties quoted in the offer and evaluation (on thebasis as defined at point no. 1.0 of RFQ) as well as payment shall be made against the quotedtaxes & duties (including entity tax and Octroi if applicable) only.3.2.1.2 Bidder shall not be allowed to change taxes/duties after tender due date/extended due datewithout the written consent of HPCL.3.2.2 Income Tax / Corporate Tax:3.2.2.1 As regards Income Tax, Surcharge on Income Tax or any other Corporate Tax payable by theBidder for reason of the contract awarded, and / or on their expatriate personal, the Owner shallnot bear any Tax liability whatsoever, irrespective of the mode of construction of contract / order.The Bidder shall be liable and responsible for payment of such tax, if attracted under theprovision of Indian Income Tax Act.3.2.2.2 Bidder may note that if any tax is deductible at source as per Indian Income Tax Law, or anyother Law applicable as per Govt. of India the same will be so deducted before releasing anypayment to the Bidder and a TDS (Tax deducted at source) certificate will be furnished to theBidder. Accordingly, Bidder shall have the responsibility to check and include such provision oftaxes in the prices.3.2.2.3 In case of delay in delivery due to reasons attributable to bidder, any new or additional taxes orMH2145-C000-PS-RFQ-0020Page 111 of 334