BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ No. 1000182234ANNEXURE VITERMS & CONDITIONS OF AGREEMENTadditional supplies (over and above the said 130% prorata level) duringany period , then it can place call-offs for such additional quantities aftergetting a written confirmation from the successful tenderer.(b) The successful Tenderer shall supply SC Valves strictly in accordancewith the delivery schedule mentioned in the call-offs/PO/ allocation. Thesuccessful Tenderer shall note that the date of receipt of SC Valves at thedestination i.e. the Location of the Corporation as advised by theCorporation shall be considered as the date of completion of the supply asper the Order. In short the actual delivery shall mean the date of receipt ofSC Valves at the location. Successful tenderer shall have to furnish a‘Delivery Completion Report’ on monthly basis in the format given byBPCL along with a copy of proof of receipt of material/receipted deliverychallans, for all supplies made during that month, within 5 days of last datefor delivery indicated in the call offs / PO.(c) In the event of the successful Tenderer anticipating difficulty to meet thedelivery schedule for reasons not attributable to him, the successfultenderer should submit a written request for extension, in case he desiresthe extension, explaining the reasons for the delay. It will be theCorporation’s sole discretion to accept or reject the request. TheCorporation will evaluate the request of the successful Tenderer and incase the Corporation is satisfied, the Corporation may grant a suitabletime extension up to a maximum of one month with the applicablePrice Reduction @1% for each fortnight of extension to a maximumof one month extension with 2% and advise the revised deliveryschedule, in writing. The decision of the Corporation in this regard will befinal and binding on the successful Tenderer.(d) Payment for supplies shall be made at the rate on which calloffs/PO/allocationshave been issued and date of delivery shall beirrelevant for the purpose of deciding the rate of SC Valves. This shall alsoapply to cases where time extension for delivery has been granted byBPCL.9. FAILURE AGAINST DELIVERY SCHEDULE AND PRUNING &REALLOCATION FOR QUANTITIES UNDELIVERED:(a) BPC shall review the supply position after completion of the DeliverySchedule. If the successful Tenderer fails to adhere to the said DeliverySchedule as per para 8(a) above or Revised Delivery Schedule which maybe given as per 8(c) above, the following provisions shall apply:(i) BPC may prune and reallocate the quantities short supplied by theSuccessful Tenderers who could not meet the schedule given.(ii) Alternatively BPC may consider accepting late delivery ofconsignment already dispatched by the Successful TendererPage 7 of 19