13.07.2015 Views

techinical specification for 33/11kv onan power ... - Cescoorissa.com

techinical specification for 33/11kv onan power ... - Cescoorissa.com

techinical specification for 33/11kv onan power ... - Cescoorissa.com

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

22.02 The bidder shall quote the basic price as well as all taxes & duties as per theenclosed <strong>for</strong>mat <strong>for</strong> bid prices.23.0 Penalty:23.01 If supply of items / equipments is delayed beyond the supply schedule asstipulated in purchase order, then the seller shall be liable to pay to thePurchaser as penalty <strong>for</strong> delay, a sum of 0.5% (half percent) of the contractprice <strong>for</strong> every week delay or part thereof.23.02 The total amount of penalty <strong>for</strong> delay under the contract will be subject to amaximum of five percent (5%) of the contract price.23.03 The Purchaser may, without prejudice to any method of recovery, deduct theamount <strong>for</strong> such damages from any amount due or which may be<strong>com</strong>e dueto the seller or from the Per<strong>for</strong>mance Bank Guarantee or file a claim againstthe seller.24. VALIDITY OF THE ORDER:The Purchase Contract is valid <strong>for</strong> 10 weeks beyond the schedule date ofdelivery, unless otherwise extended by the Competent Authority. ThePurchase Contract shall stand cancelled automatically beyond the validityperiod without any correspondences and liabilities to the CESU.25. PACKING :The materials / equipments shall be packed by the seller suitably as per thestandard procedure <strong>for</strong> safe transport to the site / store. The cases shall beclearly marked showing distinctly the name and address of the consignee. Incase of special instructions, such as “this end up”, “fragile”, “handles withcare” etc., the same shall be clearly displayed on the cases.26. Commissioning spares :The sellers shall replace, free of cost, any spares which may be founddefective by the buyer during <strong>com</strong>missioning.27.0 The Laws and Jurisdiction of Contract :27.01 The laws applicable to this Contract shall be the Laws in <strong>for</strong>ce in India.27.02 All disputes arising in connection with the present Contract shall be settledamicably by mutual consultation, failing which shall be finally settled as perthe rules of Arbitration and Conciliation Act, 1996 at the discretion ofPurchaser. The jurisdiction of arbitration shall be at Bhubaneswar , Orissa,India only.28.0 Events of Default :28.1 Events of Default. Each of the following events or occurrences shallconstitute an event of default (“Event of Default”) under the Contract :29

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!