BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ No. 1000182234ANNEXURE VITERMS & CONDITIONS OF AGREEMENTdoor delivery basis in full truck-loads/part truckload including unloadingand stacking at the receiving location.(b) The successful tenderer shall undertake transportation of SC Valves byroad only through established and reliable transporters.(c) The successful tenderer, in their own interest may take out insurancecover for each and every consignment to take care of any transit loss,damage, shortage etc at their own cost. No payment shall be made by theCorporation towards cost of insurance to the successful tenderer.19. GUARANTEE(a) The SC Valves shall be guaranteed by the successful tenderer for a periodof 24 months from the date of manufacture, against manufacturing defects.(b) In the event of manufacturing defects being detected at the time of deliveryor within the guarantee period, the successful tenderer will be directlyinformed in writing by the concerned Territory Office. The successfultenderer will have the choice to inspect the SC Valves at the concernedTerritory office or supply new SC Valves as replacement against thedefective SC Valves within thirty days of despatch of such intimation, attheir own cost. In case of joint inspection, the successful tenderer willhave to supply new SC Valves as replacement against the defective SCValves within 30 days from the date of joint inspection. If themanufacturer’s representative does not turn up for inspection within thetime stipulated by BPCL, the lot shall be treated as defective andaccordingly action shall be taken.New SC Valves will have to be supplied as replacement against thedefective Valves segregated at the time of delivery or during guaranteeperiod as above or else the full cost of such Valves will be recovered fromthe party. Additionally, a commercial penalty of Rs 5/- per defective SCVALVE shall be levied to cover the administrative cost. Rectification of SCVALVE shall not be permitted and defective SC Valves shall be crushedand scrap and will be retained by BPCL.20. TEMPORARY STOPPAGEIn case of temporary inability of BPCL to accept SC Valves, BPCL shall not beheld responsible for any loss/storage charges that the successful tenderermay have to sustain and the Company shall not be required to make anypayment towards the SC Valves already manufactured or any other paymenton account of inventory carrying cost.Page 15 of 19