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Pipelaying Tender-VOL I - WorleyParsons.com

Pipelaying Tender-VOL I - WorleyParsons.com

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wherever required in the tender papers by the <strong>Tender</strong>er or by a person holdingPower of Attorney authorizing him to sign on behalf of the tenderer beforesubmission of tender.3.19 The tender amount should be quoted in English, both in figures as well as in words.The rates and amounts tendered by the <strong>Tender</strong>er in the Schedule of rates for eachitem should be clearly written and in such a way that insertion is not possible. Thetotal tendered amount should also be indicated both in figures and words with thesignature of tenderer.If Some discrepancies are found between the rates given in words and figuresof the amount shown in the tender, the following procedure shall be applied:a) When there is a difference between the rates in figures and words the ratewhich corresponds to the amount worked out by the tenderer shall betaken as correct.b) When the rate quoted by the tenderer in figures and words tallies but theamount is incorrect, the rate quoted by the tenderer shall be taken ascorrect.c) When it is not possible to ascertain the correct rate in the mannerprescribed above the rate as quoted in words shall be adopted.3.20 All corrections and alterations in the entries of tender paper will be signed in full bythe tenderer with date. No erasures or over writings are permissible.3.21 Transfer of tender document by one intending tenderer to another is notpermissible. The tenderer on whose name the tender has been sent alone canquote and use the said tender document.3.22 The <strong>Tender</strong> submitted by a tenderer if found to be in<strong>com</strong>plete in any or all manneris liable to be rejected. The decision of the Owner in this regard shall be final andbinding.4.0 DEPOSITSa) EARNEST MONEY DEPOSIT (EMD)The tenderer will be required to pay a sum as specified in the covering letter,as earnest money deposit alongwith the tender either thru a crossed demanddraft or a non-revokable Bank Guarantee in favour of Hindustan PetroleumCorporation Limited, from any Scheduled Bank (other than a Co-OperativeBank) payable at Delhi in favour of Hindustan Petroleum Corporation Limited,Delhi in the proforma enclosed. The earnest money deposit will be refundedafter finalisation of the contract.Note: Public sector enterprises and small scale units registered with NationalPage 62 of 334MH2145-C000-PS-RFQ-0020

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