Pipelaying Tender-VOL I - WorleyParsons.com

stipulations including obtaining requisite license and liasioning with statutory authorities forcompleting all formalities in this regard shall be solely the bidder's responsibility. Owner shall not beresponsible for any non-compliance and/or lack of information on the part of bidder in this respect.Also, Indian Bidder shall produce documents to the satisfaction of Customs Authorities/ Owner/Owner's consultant that the materials imported have been exclusively and fully utilized for theexecution of the supplies covered in the Order only.3.3.10.6 Any foreign exchange rate variation on the actual CIF value of import content but subject to themaximum of such variation payable on quoted CIF value, as applicable on the date of bill of lading(TT Selling rate) of import content, shall be to Owner's account. However, any increase in CIF valueof import content on account of such exchange rate variation beyond the contractual delivery period,shall be to Bidder's account and any decrease shall be passed on to Owner.3.3.10.7 In the event raw materials/component's procurement is delayed beyond the contractual deliverySchedule, foreign exchange rate and customs duty rate prevailing on the last date of suchcontractual delivery Schedule, or actuals, whichever is lower shall be taken as the base for paymentof variation on these accounts.3.3.10.8 Bidder shall consider the exchange rate (TT selling rate) of the date, as on one week prior to bid duedate/ extended due date (as per SBI, Mumbai) for conversion of built-in CIF import content in theirquoted FOT dispatch point prices.3.3.10.9 Foreign Exchange rate variation and Customs duty variation on CIF content as referred above shallbe payable on documentary evidence like Bill of Entry, Bank advice etc. or any other document assought by HPCL shall be submitted by the bidder along with each invoice for such adjustment.3.3.10.10 Any statutory variation in the rate of customs duty on the date of actual imports(including anyconsequential variation in customs duty on account of foreign exchange rate variation) on the actualCIF value of import content, but subject to maximum of such duty payable on quoted CIF value, shallbe to Owner's account. However, any increase in the rate of customs duty beyond the contractualdelivery period shall be to Bidder's account and any decrease shall be passed on to Owner.No variation in CVD shall be payable by Owner.3.3.10.11 It is the responsibility of Bidder to take into consideration the applicable rates for Customs duty,CVD, Education Cess etc. and indicate rates considered along with the customs classification.3.3.10.12 In case, there is no Import Content in the quoted prices, Bidders to mention "NA" (NotApplicable) in the relevant columns of related format)3.3.11. No set off (including set off on account of taxes/duties) shall be considered in evaluation fordeciding L1 bidder.MH2145-C000-PS-RFQ-0020Page 114 of 334