BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ NO. 10001822342. Implementation Of Technology :ANNEXURE IVTECHNICAL SPECIFICATIONSThe successful new tenderers will be required to implement the technology in allrespect within 90 days from the date of advice by BPCL/IOCL and shall be requiredto establish necessary manufacturing / Inspection facilities to the satisfaction ofBPCL/IOCL, failing which, necessary action may be initiated to cancel theirenlistment and tender submitted shall be deemed to be null and void. EMD as well asthe Technology Transfer Fee in such case will be forfeited.3. Changes In Technology :Any changes, which may be incorporated in the technology by IOCL/BPCL from timeto time, shall be deemed as being part of the technology and binding on thesuccessful tenderers.4. Use Of Technology:IOCL/BPCL reserve the right to bar any tenderer who has obtained technologytransfer, from the use of technology at its discretion and any subsequent use of thesame by the tenderer shall be treated as unauthorised and illegal.Signature :Seal :Page 5 of 5