BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ NO. 1000182234ANNEXURE IINSTRUCTIONS TO TENDERER26. List of abbreviations used :The term “SC Valve” in the appropriate context means Self Closing ValveThe terms “BPC”, “BPCL”, The Corporation and the Company in the appropriatecontext means Bharat Petroleum Corporation Limited, the Company registeredunder Companies Act 1956 and includes its successors and assignees.The term “RATE CONTRACT” means the agreement for supply of goods/materials between Owner and successful tenderer, for a fixed period of time (i.etill validity of Rate Contract, with no commitment of contractual quantity) onmutually agreed terms and conditions. The actual supply of goods/ materialsshall take place only on issue of separate purchase orders for required quantityas and when required by Owner.The term “PESO” in the appropriate context means Petroleum and ExplosiveSafety Organisation.The term “BIS” in the appropriate context means Bureau of Indian Standards.The term “OITC” in the appropriate context means Oil Industry TechnicalCommittee.The term “OMC” in the appropriate context means PSU Oil MarketingCompanies viz. M/s Indian Oil Corpn. Ltd, M/s Bharat Petroleum Corpn. Ltd.,M/s Hindustan Petroleum Corpn. Ltd. and M/s IBP Co. Ltd.The term “UT” in the appropriate context means Union TerritoryThe term “PSU” / “PSU Oil Company” in the appropriate context means PublicSector Undertaking Oil Marketing CompaniesThe term “PSE” in the appropriate context means Central Public Sector EnterpriseThe term “LoI” in the appropriate context means Letter of IntentThe term “PO” in the appropriate context means Purchase OrderThe term “PR” in the appropriate context means Price ReductionThe terms “NDP” in the appropriate context means Net Delivered PriceThe term “VAT” in the appropriate context means Value Added TaxThe term “ITC” in the appropriate context means Input Tax CreditPage 12 of 14