BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ NO. 1000182234ANNEXURE IINSTRUCTIONS TO TENDERERto the ex-factory price per SC VALVE quoted by the tenderer by using thefollowing formula:NDP = (quoted basic price per SC Valve * (1+ED [in %]/100) +Freight) * (1+CST/VAT [in %]/100)“Net cost to BPCL” (equal to net delivered price [NDP] as calculated aboveless input tax credit [ITC]) shall form the basis for selection of vendorsfor placement of order and initial order allotment.Net cost to BPCL = NDP - ITCFor the purpose of tender evaluation, the Net Cost to BPCL calculatedas above shall be rounded off to two-places of decimal (i.e. nearestpaise) using Microsoft Excel software.iv. Based on the “net cost to BPCL” calculated as above, BPCL shall placeorders on one or more tenderers whose offer is considered acceptable toBPCL.An illustration is as under:Let us assume that for a LPG plant named XYZ located in Maharashtra(a) If a vendor situated in Maharashtra quotes the following, Basic price = Rs. 90/- per SC VALVE Excise Duty rate = 12% Freight from vendor’s unit to XYZ plant = Rs.1/- per SC VALVE VAT = 5% and ITC = 3%Then,NDP = (90*(1+12/100) + 1) * (1+ 5/100) = Rs.106.89 per SC VALVEThus Rs. 106.89 per SC VALVE shall be payable to the vendor (plusoctroi if applicable) Now, ITC available to BPCL = (90*(1+12/100) + 1) * 3/100 = Rs.3.05 “net cost to BPCL” = NDP - ITC= 106.89 – 3.05 = Rs. 103.84 per SC VALVEPage 8 of 14