13.07.2015 Views

BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

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CRFQ No. 1000182234ANNEXURE VITERMS & CONDITIONS OF AGREEMENT21. OBLIGATION TO SELL SC VALVES TO PUBLIC SECTOR<strong>CORPORATION</strong> ONLY(a) The successful tenderer shall not engage in the manufacture, sale andsupply of 25.6 mm diameter SC Valves of ‘KOSAN TEKNOVA’ design andas per technology provided by BPCL to any individual, firm or anycompany other than the public sector oil companies engaged in Marketingof LPG during or after the currency of this Agreement.(b) The successful tenderer shall fulfil the commitments of the Corporation onfirst priority.(c) The successful tenderer shall also not export SC Valves of ‘KOSANTEKNOVA’ design manufactured by him except with the prior approval ofthe Corporation in writing.(d) Disposal of scrap arising out of the manufacturing process will not becovered under the above provisions. All scrap arising out of themanufacturing process including whole SC Valves which are rejected(while testing/ certification) and SC Valves rejected by the Corporation atthe successful tenderer’s premises may be disposed off by the successfultenderer, only after ensuring that such items are deshaped in the presenceof BIS Officer/ Corporation official so that the same cannot be used. Thesuccessful tenderer shall maintain proper records of all such rejections.22. TERMINATIONNotwithstanding anything contained in the Contract, BPCL reserves the rightto cancel the contract/purchase order or any part thereof through a writtennotice to the successful tenderer if:(a) The successful tenderer fails to comply with the terms of this purchaseorder/contract.(b) The successful tenderer becomes bankrupt or goes into liquidation.(c) The successful tenderer fails to deliver the goods on time and/or replacethe rejected goods promptly.(d) The successful tenderer makes a general assignment for the benefit ofcreditors.(e) A receiver is appointed for any of the property owned by the successfultenderer.(f) If it is established that the SC Valve manufacturer has been indulging inmalpractice/ manufacture of spurious SC Valves/ unauthorisedmanufacturing of SC Valves or on such other grounds that is consideredby the Corporation to be in contravention to the contractual obligation.The Corporation’s right to so terminate the contract shall be withoutprejudice to any other right and remedy available against the successfulPage 16 of 19

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