Pipelaying Tender-VOL I - WorleyParsons.com

EMD submitted by the bidder for subject tender shall be forfeited in followingcases:-(i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x)Withdrawal of bid in interval between the deadline for submission ofbids and the expiration of the period of bid validity specified by thebidder (To be read in conjunction with clause no. 6.3 of ITB).Unsolicited post bid modification (To be read in conjunction with clauseno.11.4 of ITB).Price changes against technical/commercial clarification, if any, in linewith terms & conditions of enquiry documents. (To be read in conjunctionwith clause no. 11.4b of ITB)Where based on workability assessment by authority (HPCL), the vendor'sbid is found non-workable as per clause 16.2 of ITB.Conditional Price BidsNon –Withdrawal (by evaluated lowest bidder) of deviations mentioned elsewhereother than deviation sheet. (To be read in conjunction with clause no. 25 of ITB)Any new deviation stipulated after tender due date (To be read in conjunction withpoint no. 25 iv of ITB)Unsolicited Post Bid Revision in Taxes & Duties.Violation of Integrity Pact (If Applicable).WRONG INFORMATIONIf the Bidder deliberately gives wrong information in his Bid to create circumstancesfor the acceptance of his Bid, Owner/ WORLEYPARSONS reserves the right toreject his BID without any reference to the Bidder.DISCLAIMER : -Besides above, Owner/Consultant reserves the right to forfeit the EMD of bidder (Incase EMD is applicable) and take further action as per Corporation’s (HPCL’s)policy in case bidder deviates from his submitted offer/adopt unfair practice.3.3 REFUND OF BID SECURITY / EARNEST MONEY DEPOSITUnsuccessful Bidder’s bid security will be discharged/returned as promptly aspossible but not later than 60 days after the expiry of the period of bid validityprescribed by the Owner.The successful Bidder’s bid security will be discharged upon the Bidder’sMH2145-C000-PS-RFQ-0020Page 16 of 334