Pipelaying Tender-VOL I - WorleyParsons.com

4.2.6 No Interest charges for delay in payments, if any, shall be payable by the Owner.4.2.7 Performance Bank Guarantee (PBG) shall be provided as per the provisions containedin GTC. PBG shall be released only after receipt of clearance in the form of NO duesfrom the Sub-vendors.4.2.8 INVOICINGCENVATABLE Invoices and other documents such as TR/RR/GC note, delivery challan etc. shallbe sent as hereunder:Original + 2 copies to Sr. Manager (Finance), Project Finance Dept. HPCL, 8 th Floor Scope Minar,Laxminagar, New Delhi-110092.2 copies to Resident Construction Manager of the Project1 copy to Project Dept. of the Consultant1 copy to Project Manager, SiteThe bills will be reduced by the amount recoverable, if applicable, towards Price Reduction fordelay in delivery.4.2.8 Service tax quoted by Bidder under option-2 clause no.11.15 of ITB with abatement ifapplicable) on value of free issue material, shall be paid extra at actual against submission ofcenvatable invoice.4.2.8.1 Bidder should also indicate HPCL's service tax portion in his bill, if payable by therecipient (HPCL), however the same will not be added in bill amount.4.2.8.2 Entry Tax & Octroi shall be reimbursed for movement of free issue Material Supplied byHPCL. The contractor shall furnish documentary evidence based on which payment will be done.4.3 Payment OfficePayment will be released towards submission of duly certified Running Account Bills atDisbursement section atFinance Department - RKPL Project,Hindustan Petroleum Corporation Limited,8th Floor, North TowerSCOPE Minar, Laxmi Nagar District CentreDelhi-110092MH2145-C000-PS-RFQ-0020Page 118 of 334