Tender Form - punjab national rural health mission

year from the date of issuance of Notification of Award”.PAYMENT PROVISIONS25. (A) Payment of Steam Cleaning System:On delivery: 90% payment would be released when the successful bidder would supply the SteamCleaning System at the concerned consignees in the State of Punjab and submit the verified bills fromthe concerned consignees along with the following documents :i. The invoice in triplicate duly verified by the consignee.ii. Manufacturers/Suppliers Warranty Certificates, whereas applicable.iii. Inspection Certificate.iv. Acknowledgement of receipt of Steam Cleaning SystemBalance 10% payment shall be released after the satisfactory report received from the concernedconsignees.26. LIQUIDATED DAMAGESSubject to force majeure conditions, if the Supplier fails to deliver the Steam Cleaning Systemand perform the services within the scheduled delivery period, Liquidated damages at 0.5 percent ofthe purchase order price per week or part thereof will be levied for the delayed period, subject tomaximum of 10 percent of the Purchase order price. Once the maximum levy is reached the purchasermay consider termination of the Contract.PENALTIES27. Furnishing of any wrong information, declaration, forged documents or false affidavit by thebidder to win the tender may lead to forfeiture of EMD submitted by such bidder and the bidder mayalso be Blacklisted for participating in any tender floated by the NRHM either permanently or for aspecified period of time as deemed fit by the Mission Director, NRHM, Punjab, Chandigarh.28. If the successful bidder fails to execute the Award and /or deposit the required performancesecurity deposit within the time specified or withdraws his tender after the intimation of the acceptance16