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Pipelaying Tender-VOL I - WorleyParsons.com

Pipelaying Tender-VOL I - WorleyParsons.com

Pipelaying Tender-VOL I - WorleyParsons.com

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viii) Site clearance including dismantling of temporary store / office as instructed byWORLEYPARSONS / HPCL.i x) All required technical documents stated elsewhere in the tender document.x) Documents in support of reimbursement claimed on account of Entry Tax & Octroi formovement of free issue Material Supplied by HPCL.4.2 Payment Terms for Supply4.2.1 Basis and terms of payment shall be as set out in Appendix-IV of SCC.4.2.2 Payment against invoice shall be made on receipt of equipment / materials at site againstsubmission of following documents along with your Bill / Invoice:4.2.3 Deletedi) Delivery Challan / Lorry Receiptii) Manufacturer's Test Certificateiii) Third Party inspection / Clearance reportiv) Manufacture's Guarantee Certificatev) Copy of Performance Bank Guarantee for 10% Basic Order Valuevi) Any other document specified in the Order.The financial settlement of Vendor's invoice is liable to be withheld in the event the Vendor hasnot <strong>com</strong>plied with submission of drawing data and such documentation as called for in Order and/ or as required otherwise.4.2.4 Bidders to note that Advance Payment is not permissible in the contract.4.2.5 Payment shall be made in accordance with the following provisions:The time for payment of invoices shall run only from the date of approval specified in the order orfrom the date of receipt of Vendor's correct invoices, whichever is later.Wherever possible, payment shall be tendered to the contractor in electronic mode (e-payment)through any of the designated banks. The contractor will <strong>com</strong>ply by furnishing full particulars ofBank account (mandate) to which the payments will be routed. Owner reserves the right to makepayment in any alternate mode also.IN CASE THE ORDER IS FINALISED ON BIDDER AND THE MANDATE FOR PROCESSING E-PAYMENT HAS NOT BEEN SUBMITTED BY BIDDER, THEN THE PAYMENT MAY NOT BEEFFECTED TILL THE SUBMISSION OF E-MANDATE BY BIDDER AND UPDATION OFNECESSARY AT OUR END. ANY CONSEQUENT DELAYS IN PAYMENT WILL BE TOBIDDER’S ACCOUNT AND HPCL SHALL NOT BE RESPONSIBLE FOR THE SAME.IN CASE THE E-MANDATE HAS BEEN SUBMITTED EARLIER THE SAME IS NOT REQUIREDTO BE RE-SUBMITTED.MH2145-C000-PS-RFQ-0020Page 117 of 334

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