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 AGREEMENT27. COMPLIANCE OF REGULATIONSSuccessful tenderer warrants that all goods/Materials covered by this orderhave been produced, sold, dispatched, delivered and furnished in strictcompliance with all applicable laws, regulations, labour agreement, workingcondition and technical codes and statutory requirements as applicable fromtime to time. The successful tenderer shall ensure compliance with the aboveand shall indemnify owner against any actions, damages, costs and expensesof any failure to comply as aforesaid28. JURISDICTIONThe parties hereby agree that the courts in the city of Mumbai alone shallhave jurisdiction to entertain any application or other proceedings in respect ofanything arising under this Agreement and any award or awards made by thesole arbitrator hereunder shall be filed in the concerned courts in the aforesaidcity only.29. VALIDITY OF THE CONTRACTThe total requirement shown in this tender enquiry is for the period of TwelveMonths from the date of finalisation of the tender.In case of any dispute in the interpretation of the terms and conditions of thetender, the decision of the Corporation in this matter shall be final and binding.Page 19 of 19

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