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1 Multi Commodity Exchange of India Ltd. - MCX

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<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.Registered Office: <strong>Exchange</strong> Square, Suren Road, Andheri (East),Mumbai – 400093. Phone No.: +91-22-6731 8888NOTICE INVITING TENDER FOR SUPPLY, INSTALLATION COMMISSIONING ANDMAINTENANCE OF LED PRICE DISPLAY BOARDNo. TENDER: 11-12/TICKER/0101 Date: October 10, 2011Dear Sir,TENDER NOTICEThe Forward Markets Commission (FMC) and the <strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong>Limited (<strong>MCX</strong>) have launched ‘Price Dissemination Project’ through AGMARKNET andother entities in the year 2007-08. In this context, <strong>MCX</strong> invites bids from established andreputed registered manufacturers <strong>of</strong> LED Price Display Boards for supply, installation,commissioning and maintenance <strong>of</strong> LED Price Display Boards.A pre-bid conference will be held on 22-10-2011 at 11.00 AM with the potentialbidders to clarify any doubt they may have with regard to the Project and theTender Notice. The venue for the pre-bid conference is at <strong>Multi</strong> <strong>Commodity</strong><strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>., <strong>Exchange</strong> Square, CTS No. 255, Suren Road, Andheri(East), Mumbai – 400093.Kindly submit your technical and financial/commercial bids in the formats as per Annexure Iand Annexure II respectively. Technical bid and financial/commercial bid should beenclosed in separate sealed covers.Kindly ensure that your <strong>of</strong>fer in a sealed cover (containing sealed covers <strong>of</strong> technical andfinancial/commercial bids) reaches at the address given below and as per the instructionsas detailed out in the tender on or before 28.10.2011 up to 1500 hrs. IST (<strong>India</strong>nStandard Time).<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> Limited<strong>Exchange</strong> Square, Suren Road, Andheri (East),Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 8888, Fax No.: +91-22-66494151E-mail.: tender@mcxindia.com, Website: www.mcxindia.com<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> Limited reserves the right to reject any or all thetender(s) without assigning any reason whatsoever or to divide the Tender between morethan one tenderer. Financial/commercial bids <strong>of</strong> those tenderer(s) whose technical bid(s)are found to meet the requirement satisfactorily at the absolute discretion <strong>of</strong> <strong>MCX</strong> shall onlybe considered.Tender <strong>of</strong>fers which are received after the due date and/or which are incompletein any respect are liable for rejection without assigning any reason there<strong>of</strong>.Yours faithfully,Ramnathan P.Company Secretary and Chief Compliance Officer1


<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.Registered Office: <strong>Exchange</strong> Square, Suren Road, Andheri (East),Mumbai – 400093. Phone No.: +91-22-6731 8888No.TENDER:11-12/TICKER/0101 Date: October 10, 2011TENDER DOCUMENT FOR SUPPLY, INSTALLATION, COMMISSIONING ANDMAINTENANCE OF LED PRICE DISPLAY BOARDSSealed tenders are invited from established and reputed registered manufacturers <strong>of</strong> LEDPrice Display Boards for supply, installation, commissioning and maintenance <strong>of</strong> LED PriceDisplay Boards.The tender must be submitted in two separate sealed covers for technical andfinancial/commercial bids respectively and be superscribed as „Technical Bid to supply,install and commission LED Price Display Boards’ and „Financial/Commercial Bidto supply, install, commission and maintain LED Price Display Boards. Both thesealed covers shall be kept inside another sealed cover which should also be superscribedas ’Tender for supply, installation, commissioning and maintenance <strong>of</strong> LED PriceDisplay Boards’.PARTICULARS OF THE TENDER:1. Designation and address <strong>of</strong> the Officer to whomthe tender is to be submitted :The Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 88882. Date <strong>of</strong> Publication <strong>of</strong> Tender Notice in the <strong>Exchange</strong> Website:Monday, 10 th October 20113. Last date and time for receiving the tenders :Friday, 28th October, 2011 up to 1500 hours IST4. Date and time <strong>of</strong> opening the technical bids :Friday, 28 th October, 2011 at 1700 hours IST5. Date and time <strong>of</strong> opening the Financial/Commercial bids :(To be intimated to the short-listed firms),Monday, 31 st October, 2011 at 1700 hours2


TENDERING SYSTEM:The tenders/bids are to be submitted in two parts, i.e., Part I and Part II.Part I titled as “TECHNICAL BID” shall contain the complete technical qualifications withterms and conditions <strong>of</strong> supply, etc. (except Price Schedule). Part II titled as“FINANCIAL/COMMERCIAL BID” shall contain the Price Schedule duly filled in the prescribedPr<strong>of</strong>orma.The TECHNICAL BID and FINANCIAL/COMMERCIAL BID shall be placed in separate sealedenvelopes and will be superscribed as TECHNICAL BID and FINANCIAL/COMMERCIALBID as the case may be. These envelopes shall also indicate the Tender No., Name andAddress <strong>of</strong> the Bidder/Tenderer. Both these sealed envelopes shall be kept inside anothersealed cover and shall be superscribed as „Tender for supply, installation,commissioning and maintenance <strong>of</strong> LED Price Display Boards’. The outer cover shallindicate the Tender No., last date and time <strong>of</strong> receiving the tenders, along with the address<strong>of</strong> purchaser, i.e., <strong>MCX</strong>.SCOPE OF WORKi) The total number <strong>of</strong> LED Price Display Boards required initially shall be <strong>of</strong> 300 nos.and the project may eventually require 1500 boards in all. There may be additionaldemand in future also.The sites for installation <strong>of</strong> LED Price Display Boards may be anywhere in <strong>India</strong> asmay be decided by <strong>MCX</strong> from time to time.ii)Broad Technical Specifications for Hardware and S<strong>of</strong>tware for the LED Price DisplayBoards are given below1. HARDWAREi. Ticker Board Overall Size : 1.5 feet * 7 feet (Height * Length)ii. No. <strong>of</strong> Lines: Twoa. LED Size : 5mmb. Shape : Round or Ovalc. Type : Diffusedd. Pitch : 10 mme. Color : Redf. LED Matrix/line : 16 * 192i. No. Characters per line (minimum)a. English : 18b. Other <strong>India</strong>n Languages : 12-16iii. Viewing Angleiv. Viewing Distance: 60 H/V (Minimum): minimum 50 metersv. Intensity : 1200 mcd (typical or more)vi. Display Language (Scope)vii. Application: <strong>Multi</strong>lingual: Outdoor & direct sunlight readable3


viii. Mounting: Wall Mounting, Ro<strong>of</strong> & Grillix. Enclosure/Frame : GI with Powder coating or FRP (fiberreinforced plastic), non-corroding, suitable foroutdoor installationOperating temperature: 0-55 DEG Cx. Primary Interface : PC - RS-485; full duplex.If full duplex, two RS 232cConverters are required.One for TX and the other for RX.PC <strong>of</strong>fer RS-232c; so converter has to beprovided with the boardxi. Secondary InterfaceAIR InterfaceBandProtocolMax. Output PowerAntennaAntenna GainSIM card HolderDownload over the Air (DOTA): On GPRS to provide direct connectivity withthe server: Should support existing Air Interfacelike GPRS Class 12 etc and should becompatible with 3G for futurerequirement: EDGE Class 10: Plug & play for 3G for future up gradation:Suitable for all frequencies operational in<strong>India</strong>, preferably QUAD band; 900, 1800,1900 & 850 MHZ: FTP &HTTP: GSM: 2W @900 MHz & 1W @1800 MHz: GPRS: 0.5 W @900MHz & 0.4 W&1800MHz: Passive; Internal patch or magnetic mountwith 5-10M cable (must be tested atinstallation to ensure reliable connectivity): 3 to 6 dBi gain: Provided & secured to prevent tampering: For application s/w upgradation withoutvisiting the siteProblem Diagnosis FeatureBoard Status / Activity Indicator: Display should have the required LED and/orSeven Segment indicators to convey differentproblems to users like GPRS MODEM fault,Network unavailable, Central Site notreachable, etc.:Display should have the required LED and/orSeven Segment indicators to convey differentTicker board Status / Activity like Power ON,4


Board Firmware functioning properly, datadownloading etc.xii. Baud ratexiii. Power supply: 9600 bps or above: Power requirements - 90 – 240 VAC & 120 WMAX, Should be capable <strong>of</strong> withstandingsurges due to inductive loadType - Transformer based power supplyPower Cable – Should have atleast 10M lengthwith 5A plug <strong>of</strong> a good qualityBattery Backup – 1: To be provided for CPUand the GPRS interface for continuous datadownload and status update. Min 48 hours <strong>of</strong>backup2: To be provided for complete LED displayboard to run for min 3 hours and easy formaintenance.(These should be indicated separately)In both cases the type and rating <strong>of</strong> the battery must be specified. The batteryand its charger must be enclosed within the same enclosure as the display.xiv. Ro<strong>of</strong> : FRP or Metal (Approx. 1 mm thick). Size:6”X 72”xv. Internal memoryxvi. Data cablexvii. Communication – PC: Non Volatile: 50 meters with each board: USB – Optically isolated RS232 or RS-485 tocommunicate between PC and the displayThe hardware should be capable <strong>of</strong> storing at least 100 frames which can bedisplayed continuously in case <strong>of</strong> any connectivity failure between the PC and thedisplay.The LEDs used should be <strong>of</strong> high brightness and UV stabilized as they will beexposed to direct sunlight.The display should have anti glare polycarbonate screen for clear viewing.The display should be such that it should be used for either GPRS connectivity orPC connectivity depending on the Site condition.5


2. SOFTWARE1. The s<strong>of</strong>tware supplied will need to interface and be compatible with existingCentral Site s<strong>of</strong>tware. The broad requirements are given below. The vendorwill grant a perpetual, irrevocable license to <strong>MCX</strong> to use and modify thes<strong>of</strong>tware.The s<strong>of</strong>tware for LED Price Display Boards will have two communication ends:a. End 1: To Central Serverb. End 2: To Ticker Board2. Communication End 1: To Central Servera. The s<strong>of</strong>tware will connect to the central server over internet bandwidth todownload current/latest prices.b. The data fetching should be in the form <strong>of</strong> HTTP/FTP request.c. The downloaded data would be processed (if needed) and sent to the ticker boardover RS-485 connection.d. Downloaded data would contain price information for all five national exchanges –National <strong>Commodity</strong> & Derivatives <strong>Exchange</strong> Limited (NCDEX), <strong>Multi</strong> <strong>Commodity</strong><strong>Exchange</strong> <strong>of</strong> <strong>India</strong> Limited (<strong>MCX</strong>), National <strong>Multi</strong>-<strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong>Limited (NMCE), ACE Derivatives and <strong>Commodity</strong> <strong>Exchange</strong> (ACE) and <strong>India</strong>n<strong>Commodity</strong> <strong>Exchange</strong> Limited (ICEX).e. On or before completion <strong>of</strong> a display cycle, the said s<strong>of</strong>tware should again makea HTTP or FTP request to Central Server for the latest price information and cycleshould go on till the period LED Price Display Boards is on.f. Once price information is successfully fetched from the Central Server, it shouldfirst dump them in local hard-disk before it sends them to the LED Price DisplayBoard. On failure to fetch data from the Central Server, in any subsequent cycles,on the same day or on the next day, it should read from locally stored pages andsend the data to the LED Price Display Board.g. The HTML page, containing price information, should have the followinginformation:i. Timestampii. No. <strong>of</strong> <strong>Exchange</strong>siii. Price Information for all the commodities and all the exchanges.h. The information on the LED Price Display Board should be displayed as mentionedin HTML page. It may change if the content in HTML page changes, i.e. currently weare planning to display price information from 3 national exchanges andAGMARKNET.i. The application should be to that extent be adaptive. So that for any changes infuture, no changes in the site s<strong>of</strong>tware should be required and only change at theCentral Server s<strong>of</strong>tware would be required.j. The HTML page will contain character mapped data only (unicode) and notbitmapped data in order to minimize bandwidth requirements. The site s<strong>of</strong>twareshould have mapping table for displaying data on each type <strong>of</strong> board.k. A proper solution for effective monitoring <strong>of</strong> the LED Price Display Board should6


e put in place and MIS reports should be generated and sent to the ProjectManager – LED Price Display Boards, Name <strong>of</strong> the <strong>Exchange</strong>, Registered Office:Address (the designated <strong>of</strong>ficer for this purpose at <strong>MCX</strong> on a daily basis.3. End 2: To LED Price Display Boarda. The LED Price Display Board would be connected to PC via serial port.b. The Communication between PC and LED Price Display Board shall be:i. From PC to LED Price Display Board1. Price Information Data2. Ping like command to know LED Price Display Board statusii. From LED Price Display Board to PC3. Response to Ping like command to let the site s<strong>of</strong>tware knowwhether the LED Price Display Board is functioning.4. Buffer status. i.e. How many bytes are left in bufferc. Serial Port configuration shall bei. Transmission Speed : 9600 bps or higherii. Parity: No Parityiii. No <strong>of</strong> Data Bits: 8 bits (required for multilingual data)iv. Start/Stop Bits: No preference.d. By default IBM PC and compatibles support RS-232 port and that too one innumber.e. That port might have been occupied by MODEM or any other serial device. In thiscase, add-on daughter card for extra serial port has to be installed on the PC.f. The communication will be on RS-485 standard instead <strong>of</strong> RS-232 standard. AsRS-232 can <strong>of</strong>fer maximum 40 feet distance, which will be very less in most <strong>of</strong> thecases. While with RS-485 standard, you may go up to 1000 meters and that ismuch more than sufficient.g. The LED Price Display Board would have RS-485 port on its end.h. On PC end, there would be RS-232 to RS-485 converter attached to it.i. RS-485 is, by default, a half-duplex bus. It will <strong>of</strong>fer you two way communicationsbut one way at a time.j. Respective handshaking protocols, both within the site s<strong>of</strong>tware and the s<strong>of</strong>twareinside the LED Price Display Board, shall be built in order to achieve appropriate andflawless half-duplex communication.k. The layout <strong>of</strong> the LED Price Display Board given below is only anillustration. It should be possible to change the lay out as may be requiredin future. It should also be possible to define whether each section isscrolling or fixed.l. It should be possible to change the speed <strong>of</strong> scrolling.m. The firmware will have to be custom built to handle the above features.7


In case <strong>of</strong> GPRS option, the s<strong>of</strong>tware with the above capabilities must be madeavailable on the GPRS device itself. However, an external interface to the devicemay be used for configuration purpose (smartphone or PC).8


3. GENERAL SPECIFICATIONa. S<strong>of</strong>tware shall be delivered on installation CD.b. Installable should also be freely downloadable from a URL on the internet.c. It should run on MS Windows. (Any/All versions from XP to Windows 7; suitableoperating system in case <strong>of</strong> GPRS)d. Installation program should have selection <strong>of</strong> languages to work with. The sites<strong>of</strong>tware shall then download only respective pages from the Central Server.e. The installation s<strong>of</strong>tware should also ask for State/Mandi Name (selectable) inorder to uniquely identify the LED Price Display Board.f. Following information shall be displayed on site s<strong>of</strong>tware User Interface console:i. Current Status <strong>of</strong> Communication End 11. Last Data Received Timestamp2. Connectivity to Server (UP/DOWN)3. Last Data Fetch Request (Success/Failed)4. Cycle No. (Reset everyday)5. No. <strong>of</strong> Successful Data Fetch Requests6. No. <strong>of</strong> Failed Data Fetch Requestsii. Status <strong>of</strong> Communication End 21. Last Data Sent Timestamp2. Connectivity to Board LED Price Display Board (UP/DOWN): PingStatusg. All the status information shall be displayed in relevant colors in order to make UImore intuitive.4. LED PRICE DISPLAY BOARD LAYOUT (Illustrative)Two Liner LED Price Display BoardFirst LineFirst part<strong>Commodity</strong> Name(<strong>Multi</strong>lingual)Second partSpot Price Information (Scrolling)(<strong>Multi</strong>lingual)Second Line<strong>Exchange</strong> Name(<strong>Multi</strong>lingual)First partFuture Price Information (Scrolling)Second part(<strong>Multi</strong>lingual)* It will be the local <strong>India</strong>n language in a given State.All the information will be scrolling with different frequency for different types <strong>of</strong> data asexplained below :9


a. First Line :First Part : Display <strong>of</strong> "<strong>Commodity</strong> Names" is fixed till the information related tothe Particular commodity. After the completion <strong>of</strong> a cycle, name <strong>of</strong> <strong>Commodity</strong> willchange. In case the length <strong>of</strong> commodity name is longer than it should either adjusted orscroll.Second Part : Scrolling Spot price information.b. Second Line :First Part : Display <strong>of</strong> "<strong>Exchange</strong> Name" is fixed till the information related to theparticular <strong>Exchange</strong>. Name <strong>of</strong> <strong>Exchange</strong> will change after completion <strong>of</strong> theinformation.Second Part : Scrolling Future Price information.a. The quote should include (but separately mentioned) cost <strong>of</strong> accessories such asTransformer based system, Minimum 50 meters <strong>of</strong> RS 485 data cable, 1mm metalsheet for ro<strong>of</strong> and switch board with socket.b. Bidders are requested to provide details <strong>of</strong> the entire infrastructure required and tobe provided by <strong>MCX</strong> for installation <strong>of</strong> the LED Price Display Boards.c. Bidders are required to clearly specify the detailed scope <strong>of</strong> work <strong>of</strong> the bidder(supplier) and the scope <strong>of</strong> work <strong>of</strong> <strong>MCX</strong> and accordingly submit their quotation10


SPECIAL FINANCIAL/COMMERCIAL CONDITIONS1. PRICE: Quotes (exclusive <strong>of</strong> all taxes) should mention basic costs <strong>of</strong> the LEDPrice Display Boards with one year warranty and other costs (exclusive <strong>of</strong> alltaxes) such as installation and commissioning separately. The bidders are alsorequired to quote separately for on-site comprehensive maintenance agreement fortwo years beyond the warranty period. The standard service level agreement forperformance <strong>of</strong> AMC will be turnaround time <strong>of</strong> 4 working days on reporting <strong>of</strong> notworking <strong>of</strong> any <strong>of</strong> the LED Price Display Boards. There will be no separate paymentfor the s<strong>of</strong>tware.2. Installation and commissioning costs for North Eastern states and UnionTerritories namely Assam, Meghalaya, Tripura, Manipur, Mizoram,Arunachal Pradesh and Nagaland may be different from other states. If it isnot the same, it should be specified separately.3. The detailed cost sheets showing the break-up <strong>of</strong> costs (direct materialcost, direct labour cost, over head etc) should be enclosed along with thefinancial / commercial bid.4. TERMS OF PAYMENT: 20 per cent advance payment shall be made along with thepurchase order. However, it will be subject to the bidder providing by way <strong>of</strong>security, bank guarantee(s)/fixed deposits/drafts from banks for the equivalentamount (valid for at least 12 months). The balance amount will be released within15 days from date <strong>of</strong> satisfactory installation and commissioning <strong>of</strong> the LED PriceDisplay Boards.5. DELIVERY SCHEDULE: The material shall be delivered within 8-12 weeks fromthe date <strong>of</strong> placement <strong>of</strong> Letter <strong>of</strong> Intent (LOI) on the successful bidder. However,this schedule may be changed with prior intimation to the party.6. INSPECTION, CHECKING/TESTING: The manufacturing <strong>of</strong> the LED Price DisplayBoard covered by the order can be subject to inspection at any time prior todispatch but will in any case be subject to final inspection and testing within areasonable time after its arrival at the place <strong>of</strong> delivery.7. PERFORMANCE GUARANTEE: The supplier shall guarantee about theperformance <strong>of</strong> LED Price Display Boards for a period <strong>of</strong> 12 months from thedate <strong>of</strong> the commissioning certificate issued by them. During this guaranteeperiod, the supplier shall make free replacement <strong>of</strong> any part to be replaced ordue to malfunctioning <strong>of</strong> the LED Price Display Boards. The security deposit shallbe withheld till the successful installation and performance <strong>of</strong> the LED PriceDisplay Boards. The security deposit shall be returned after completion <strong>of</strong> theguarantee period. If there is any malfunctioning <strong>of</strong> the LED Price Display Boards,the security deposit shall be forfeited. The successful commissioning certificateshall be issued from person(s) or entities designated by <strong>MCX</strong> and based onwhich the payment shall be released.8. Repair and maintenance: The tenderer shall furnish the details <strong>of</strong> repair andmaintenance facilities as would be extended by them.11


9. Training: The rates quoted should be inclusive <strong>of</strong> training. The training will have tobe imparted to users at the site.10. The tenderer should have annual turn over <strong>of</strong> 2-3 times <strong>of</strong> the cost <strong>of</strong> the order tobe placed (ie.300 price ticker Boards)11. Please note that late tenders/delayed tenders or postal delayed tenders will not beconsidered at all.12. The Inner and Outer envelopes <strong>of</strong> the tender should be addressed as below andNOT to any individual by name:-TENDER FOR SUPPLY, INSTALLATION, COMMISSIONING ANDMAINTENANCE OF LED DISPLAY BOARD(Last date and time <strong>of</strong> receiving the tender: 28 th October 2011 at 3.00 pm)The Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 888813. SECURITY DEPOSIT: Successful tenderers shall be required to submit SecurityDeposit equivalent to 20 per cent <strong>of</strong> the value <strong>of</strong> the Purchase Order either in theform <strong>of</strong> Demand Draft or Bank Guarantee from a scheduled commercial bank (validfor atleast 18 months).14. CANCELLATION: <strong>MCX</strong> reserves the right to cancel in full or part <strong>of</strong> the orderedquantity during the currency <strong>of</strong> the contract without assigning any reasons. If theperformance <strong>of</strong> the LED Price Display Boards is also not as per tender terms, <strong>MCX</strong>shall have the right to forfeit the security deposit and cancel the contract.15. VALIDITY: The <strong>of</strong>fers submitted by the tenderers must be valid for acceptance for90 days from the date <strong>of</strong> opening <strong>of</strong> Techno-Financial/Commercial Bids.16. EARNEST MONEY DEPOSIT (EMD): The <strong>of</strong>fer should be accompanied with anamount <strong>of</strong> Rs. 50,000/- (Rupees fifty thousand only) towards Earnest MoneyDeposit in the form <strong>of</strong> Bank Draft/Pay Order in favour <strong>of</strong> „<strong>Multi</strong> <strong>Commodity</strong><strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.‟ payable at Mumbai. The amount deposited by way <strong>of</strong> EMDshall not bear any interest. Offers without EMD will be rejected outright. Similarly,EMD in any other form will not be accepted.12


The amount towards EMD is required to be deposited/enclosed with the TechnicalBid and not with the Financial/Commercial Bid.17. <strong>MCX</strong> reserves the right to cancel the tender process without assigning any reasonwhatsoever and at its absolute discretion.Tenderers to please note that:No part payments towards EMD will be accepted.No adjustment <strong>of</strong> EMD against pending bill, if any, will be accepted.No personal cheque will be accepted towards EMD.EMD shall be refunded, without interest for the intervening period, to theunsuccessful bidder after finalisation <strong>of</strong> the tender.13


GENERAL CONDITIONS OF TENDER ENQUIRY1. The tender (in English language only) for supply, installation, commissioning andmaintenance <strong>of</strong> LED Price Display Boards, be submitted along with detailed specifications. Atechnical leaflet/brochure/literature is also required to be enclosed along with list <strong>of</strong> names<strong>of</strong> <strong>of</strong>fices/users to whom similar types <strong>of</strong> LED Price Display Boards have been supplied in<strong>India</strong>.2. The tenderer may please note that the tender once submitted will not be altered in anycase and should not have any scope <strong>of</strong> ambiguity, cutting or overwriting. In case <strong>of</strong>overwriting/cutting if any, it must be authenticated with signature <strong>of</strong> the tenderer.3. No quotation will be considered which is received after the DUE DATE that is the lastdate and time for receiving the tenders.4. This is an ENQUIRY and must not be treated as an ORDER.5. Any order resulting from this enquiry shall be governed by the following terms andconditions in addition to those mentioned in the order.6. Where counter terms and conditions have been <strong>of</strong>fered by the supplier, the purchasershall not be governed by them unless specific acceptance has been given in writing in theorder by the purchaser.7. <strong>MCX</strong> has the right to reject any or all the tenders received in part or full, withoutassigning <strong>of</strong> any reason there<strong>of</strong>.8. <strong>MCX</strong> has the right to cancel the enquiry or extend the due date <strong>of</strong> receipt <strong>of</strong> quotationwithout assigning any reason there<strong>of</strong>.9. Late/Delayed <strong>of</strong>fers will be rejected.10. FORCE MAJEURE CLAUSE: Neither <strong>MCX</strong> (the purchaser) nor the supplier shall be heldresponsible or considered to be in default if the execution <strong>of</strong> the contract isdelayed/interrupted due to the cause absolutely beyond their control, such as, acts <strong>of</strong> God,natural calamities, war, non-availability <strong>of</strong> the above materials, major civil commotion, fire,storms, strikes and floods. However, only these causes which continue uninterruptedly formore than 7 days are considered as being causes or force majeure. In such an event,either party shall not compensate the other for the loss that might accrue or might haveaccrued because <strong>of</strong> the effect <strong>of</strong> such event upon the execution <strong>of</strong> the contract. If thesupplier is unable to perform the contract beyond 7 days due to the reasons attributable t<strong>of</strong>orce majeure conditions, <strong>MCX</strong> reserves the right to make immediate arrangements forengaging another supplier(s) for the same work without being liable to the original supplier.11. ARBITRATION: All question(s), dispute(s) or difference(s) <strong>of</strong> any kind whatsoeverarising out <strong>of</strong>, or relating to the contract shall be referred within 30 days by the parties tothe contract for decision to sole arbitrator, who shall be the Managing Director <strong>of</strong> <strong>MCX</strong> orany other Officer <strong>of</strong> <strong>MCX</strong> nominated by the said Managing Director in that behalf. In theevent <strong>of</strong> such an arbitrator to whom the matter is originally referred, is transferred orvacates his <strong>of</strong>fice by resignation or otherwise or refuses to act or is incapable <strong>of</strong> acting forany reasons whatsoever the Managing Director shall appoint another person(s) to act asarbitrator in his place in accordance with the terms <strong>of</strong> the contract. Such person(s) shall beentitled to proceed from the stage at which his predecessor left it.There will be no objection to any such appointment that the arbitrator appointed is anOfficer <strong>of</strong> <strong>MCX</strong> or that he had hand to deal with the matter to which his contract related or14


that in the course <strong>of</strong> his duty as such Officer he has expressed views on all or any <strong>of</strong> thematters in dispute or difference. No person other than the Managing Director or hisnominee can act as arbitrator.The venue <strong>of</strong> arbitration shall be at Mumbai only. The award <strong>of</strong> the arbitrator shall be finaland binding on the parties.Subject to the above, the provision <strong>of</strong> Arbitration and Conciliation Act, 1996 and the rulesthere under and the statutory modifications there<strong>of</strong> shall govern such arbitrationproceedings and shall be deemed to apply and be incorporated in the contract.Any dispute, if it arises at any point <strong>of</strong> time out <strong>of</strong> arbitration, shall have jurisdiction <strong>of</strong> theCourt <strong>of</strong> Mumbai, Maharashtra.12. APPLICABLE LAWS: The <strong>India</strong>n laws will be applicable in all matters.13. JURISDICTION OF THE COURT: Only the Court at Mumbai, Maharashtra havingoriginal jurisdiction to entertain suit shall have jurisdiction to receive and decide anyapplication/applications under the Arbitration and Conciliation Act, 1996 and no other courtshall have any jurisdiction whatsoever.14. The successful bidder is required to deposit the amount <strong>of</strong> Security Deposit or BankGuarantee (BG) in lieu <strong>of</strong> the said Security Deposit, as per Annexure IV from a scheduledcommercial bank, within 7 days <strong>of</strong> receipt <strong>of</strong> communication regarding award <strong>of</strong> the work.The Earnest Money deposited will be adjusted towards the said security deposit or refundedin case <strong>of</strong> production <strong>of</strong> BG in lieu <strong>of</strong> Security Deposit. The successful bidder is also requiredto submit stamped undertaking as per Annexure III. Failure to comply with the aboveterms within the prescribed time <strong>of</strong> seven days would result in cancellation <strong>of</strong> the award <strong>of</strong>the contract and forfeiture <strong>of</strong> the EMD.15


ANNEXURE-I(PROFORMA OF TECHNICAL BID)ToThe Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 8888Dear Sir,We give below our technical bid in response to your Tender Notice No. TENDER: 11-12/TICKER/0101 dated October 10, 2011 regarding supply, installation commissioning andmaintenance <strong>of</strong> LED Price Display Boards.TECHNICAL BID:1. Name and address <strong>of</strong> vendor (bidder):2. Constitution:3. Experience in the area <strong>of</strong> work called for in the tender:4. List <strong>of</strong> Existing clients:5. Last two years turnover:6. Technical details <strong>of</strong> the ticker boards <strong>of</strong>fered:LED Specificationi. Size (in mm) :ii. Shape :iii. Type :iv. Pitch :v. Color :vi. LED Matrix/line :vii. No. Characters per line (minimum)a. English :b. Other <strong>India</strong>n Language :viii. Intensity :ix. Power consumption/required :x. Operating temperature :16


7. Details <strong>of</strong> GPRS solution :8. Manufacturing/supply Capacity <strong>of</strong> ticker boards per month :9. Infrastructure required if any, from <strong>MCX</strong> for installation (Bidders are requested toprovide details <strong>of</strong> the entire material/input/infrastructure to be provided by <strong>MCX</strong> forinstallation <strong>of</strong> the LED Price Display Board):10. Delivery period from the date <strong>of</strong> specific order :11. Infrastructure available for post installation service12. Warranty Period if any :13. Any other relevant information:14. Experience for implementing similar Price dissemination Project across <strong>India</strong>(Y/N) : If Yes, provide following details :a. How many years‟ experience :b. Provide few name <strong>of</strong> the sites where such project is implemented :Selected vendor has to provide satisfactory demonstration <strong>of</strong> the solution within 15 workingdays <strong>of</strong> intimation from the <strong>Exchange</strong>. Failure to this, the shortlisted vendor will bedisqualified.SIGNATURE OF TENDERER WITH OFFICIAL SEALNote: Please use separate sheet if required for any <strong>of</strong> the information sought above17


ANNEXURE-II(PROFORMA OF FINANCIAL/COMMERCIAL BID)ToThe Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 8888Dear Sir,We give below our Financial/Commercial bid in response to your Tender Notice No.TENDER: 11-12/TICKER/0101 dated October 10, 2011 regarding supply, installation,commissioning and maintenance <strong>of</strong> LED Price Display Boards.A. HARDWARE1a. Basic Cost <strong>of</strong> GPRS enabled per LED Price Display Board : Rs.1b. Basic cost for LED Price Display Board without GPRS : Rs.2. Other Costs per LED Price Display Boarda. Installation costs (normal)b. Installation costs for North Eastern Sates (optional)c. Shade (Ro<strong>of</strong>) for protection : Rs.d. Wire grill cage for protection : Rs.e. Serial card for PC : Rs.f. Additional cable charges per mtr. : Rs.B. ONSITE COMPREHENSIVE MAINTENANCE AGREEMENT1. AMC charges for two years forLED Price Display Board AMC –: Rs.SIGNATURE OF TENDERER WITH OFFICIAL SEAL18


ANNEXURE-IIIACCEPTANCE OF TERMS AND CONDITIONS OF TENDERTENDER NO. TENDER: 11-12/TICKER/0101ToThe Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 8888Dear Sir,We have gone through the terms and conditions <strong>of</strong> your Tender Document and have fullyunderstood the duties and responsibilities <strong>of</strong> the equipment and service provider.We are enclosing herewith one copy <strong>of</strong> the Tender Documents duly signed by us in token <strong>of</strong>our acceptance <strong>of</strong> terms & conditions. We take responsibility <strong>of</strong> carrying out jobs as perterms and conditions <strong>of</strong> the tender.The Earnest Money amount <strong>of</strong> Rs. 50000.00 (Rupees Fifty Thousand only) vide DemandDraft/Pay Order No…………………………………… dated …………………… has been enclosed with theTechnical bid. Our <strong>of</strong>fer is valid for a period <strong>of</strong> 90 days from the date <strong>of</strong> opening <strong>of</strong> Techno-Financial/Commercial bid.Thanking YouYours faithfully,SIGNATURE OF TENDERER WITH OFFICIAL SEAL19


ANNEXURE-IVPROFORMA OF BANK GUARANTEE IN LIEU OF SECURITY DEPOSIT(On non-judicial stamp paper <strong>of</strong> appropriate value)ToThe Company Secretary<strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> <strong>Ltd</strong>.<strong>Exchange</strong> Square, Suren Road,Andheri (East), Mumbai – 400093,<strong>India</strong>.Phone No.: +91-22-6731 8888Dear Sir,M/s. ------------------------------------------------------- upon being awarded the work <strong>of</strong> ---------------------------------- for <strong>Multi</strong> <strong>Commodity</strong> <strong>Exchange</strong> <strong>of</strong> <strong>India</strong> Limited (<strong>MCX</strong>) having itsRegistered Office at Address under tender/LOI/Work Order No. --------------------------------------------------------approached us with the request to furnish <strong>MCX</strong> with a BankGuarantee for Rs. ---------------------------------- only (Rupees---------------------------------------- only) towards security deposit. At their request and in consideration <strong>of</strong> thepromises, we -------------------------------------------------------------------------have agreedto give guarantee as hereinafter mentioned.1. We __________________ hereby agree and undertake that if in your opinion anydefault is made by the said M/s.________________ in performing any <strong>of</strong> the termsand/or conditions <strong>of</strong> the agreement or if in your opinion he commits any breach <strong>of</strong>agreement or there is any demand by you against the said M/s._______________, then on notice to us by you we shall on demand without demurand without reference to the said M/s. _______________ immediately pay to you,in any manner in which you may direct, the said amount <strong>of</strong> Rs.______________(Rupees ______________________ only) or such portion there<strong>of</strong> as may bedemanded by you not exceeding the said sum and as you may from time to timerequire. Our liability to pay is not dependent or conditional on your proceedingagainst the said M/s._________________ and we shall be liable to pay theaforesaid amount as and when demanded by you merely on a claim being raised byyou and even before any legal proceedings are taken against the saidM/s._________________.2. You will have full liberty without reference to us and without affecting thisguarantee, postpone for any time or from time to time the exercise <strong>of</strong> any <strong>of</strong> thepowers and rights conferred on you under the contract with the saidM/s._________________ and to enforce or to forbear from endorsing any power orrights or by reason <strong>of</strong> time being given to the said M/s. ._________________ whichunder law relating to sureties would but for the provision have the effect <strong>of</strong>releasing us.3. Your right to recover the said sum <strong>of</strong> Rs. __________ (Rupees__________________ only) from us in manner aforesaid will not be affected orsuspended by reason <strong>of</strong> the fact that any dispute or disputes have been raised bythe said M/s._________________ and/or that any dispute or disputes are pending20


efore any <strong>of</strong>ficer, tribunal or court.4. Our guarantee herein contained shall not be determined or affected by theliquidation or winding up <strong>of</strong> dissolution or change or constitution or in solvency <strong>of</strong>the said M/s._________________ but shall in all respects and for all purposes bebinding and operative until payment <strong>of</strong> all money due to you in respect <strong>of</strong> suchliability or liabilities.5. Our liability under this guarantee is restricted to Rs. ______________ (Rupees____________________ only). Our guarantee shall be valid up to ___________and we are liable to pay the guaranteed amount or any part there<strong>of</strong> under the BankGuarantee only and only if you serve upon us a claim or demand or a suit/ action toenforce a claim under guarantee is filed against us on or before______________.6. We have power to issue this guarantee in your favour under Memorandum andArticles <strong>of</strong> Association and the undersigned has full power to do under the power <strong>of</strong>attorney dated ----------------------granted to him by the Bank.Yours faithfully,--------------------------------------------------------------------------------------------------- Bank(Signature <strong>of</strong> a person duly authorised to sign on behalf <strong>of</strong> the Bank).Seal <strong>of</strong> the Bank21

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