Corrigendum 01 of Tender 05 of 2013

13 Page 22Section IITerms andconditionsof contractClause 7PaymentTermsThe payment shall be made to theSupplier as under: (a) AdvancePayment: Ten (10) percent of thecontract price shall be paid withinthirty (30) days of signing of thecontract and upon submission ofclaim and a bank guarantee forequivalent amount valid until thevehicles and equipment aredelivered and in the form providedin the bidding document or anotherform acceptable to the Purchaser.(This bank guarantee is a secondbank guarantee in addition to theBank Guarantee for Security Deposit)(b) On Shipment: Eighty (80) percentof the contract price of the goodsshipped shall be paid throughirrevocable confirmed letter of creditopened in favor of the supplier in abank in its country, upon submissionof documents as mentioned inClause 21 of Section II of the Tenderdocument (c) On Acceptance: Ten(10) percent of the contract price ofgoods received shall be paid withinthirty (30) days of receipt of thegoods upon submission of claimsupported by the acceptancecertificate issued by the Purchaser.14 Page 3 Last date of submission of tenderTechnical as well as Price bid offer15 Page 7,Clause 6.1EMD of Euro 68,000The price bid should be in two parts.One part would be the CIF Prices tobe quoted by the OEM in foreigncurreny for which the tenderedpayment terms shall apply. Theother part shall be the cost of InlandTransportation, C & F charges at theport and other misc. Charges thatmay be applicable at the time ofbringing the vehicle from port tofinal destination payable to theIndian Authorized Representative inINDIAN RUPEES. Since Import dutiesand taxes vary on currency exchangerate as well as the duty structurefixed by the Central Govt., the sameshould not be included in the scopeof the bidder. Therefore the ImportDuty, CVD and other statutorycharges payable by an importer shallbe directly paid to the customsdepartment by GSDMAVema factories and officies remainclosed during the month of July forAnnual Summer Holidays. It wouldnot be possible to get BankGuarantees as well as a detaileddocuments as required inPrequalification Criteria. The bidclosing date may please be extendeduntil end of August 2013.It is requested to lower the EMDamount.Ref Query no 8Refer Query no 2No Change16 Clause 6.5page 817 Page 4 Point4EMD in the form of BG valid for 6monthsPrice BidSince the bid validity is also 6months, should the BG validity bemore than that?Is foreign currency accepted inonline bids? We can quote only CIFprice in foreign currency. Theapplicable customs duty will becalculated by customs when theshipment arrives. Will there beNo ChangeRef Query no 8