The prices quoted shall be deemed to include all direct, Indirect and ancillarycharges and costs, including <strong>for</strong> example, Export Credit Insurance Premiums. TheBoard will be under no obligation to the Contractor <strong>for</strong> and will not be liable to payto the Contractor any additional sums other than as expressly provided <strong>for</strong> underthe Contract.The prices submitted by the Tenderer in the Price Schedule shall include all theworks to be per<strong>for</strong>med under the Contract and without limitation shall include thecost of accommodation, transporting all his construction equipment, men, materialsand supplies to, from and at the Site.TENDERER'S QUOTED PRICE MUST INCLUDE ALL THE ITEMS AND QUANTITIESAS STIPULATED IN TENDER DOCUMENT INCLUDING SPARES & SERVICES FOR LONGTERM SERVICE AGRREMENT (LTSA) AS PER SCHEDULE-F, VOL. 3 OF 3 OF TENDERDOCUMENT; OTHERWISE TENDER SHALL BE REJECTED.Proposal of pricing to be made by the Tenderers shall be made in <strong>for</strong>eigncurrency with respect to the equipment, machinery, materials andservices to be acquired from all eligible countries other than Bangladeshand in Bangladesh Taka with respect to the equipment and services to beacquired/hired from sources in Bangladesh.The Tenderers shall furnish the break-up of the price in the following manner <strong>for</strong>effecting progress payments.i) CIF prices on job-site basis <strong>for</strong> the equipment and materials furnished <strong>for</strong>the Works shall consist of design, manufacture, factory testing, exportpacking, transportation from manufacturer's shop to the port of loading,ocean freight, heavy lift charges incurred by the vessel, fees, charges etc,inland transportation Including unloading at the port of destination andmovement to the project storage area, warehouse to warehouse insurance,checking and verifying all shipments received against shipping <strong>document</strong>s,issuing, receiving and damage reports. Customs duty and other chargeslevied by Bangladesh Customs and Port Authorities <strong>for</strong> the permanentmaterials/ goods of the Project will be paid by the Board.ii)iii)iv)Prices <strong>for</strong> installation and commissioning of the equipment and materials atthe Site. Such prices shall include handling from site storage to point finalinstallation, construction, erection and installation including insurance, localpurchased materials, inspection, initial start-up, trial operation, training ofthe Board's personnel in operation, per<strong>for</strong>mance test and responsibility <strong>for</strong>operation and maintenance of equipment/ machinery until acceptance bythe Board. The cost of local purchase and transportation of any Bangladeshmanufactured equipment/ machinery and materials shall also be includedunder this category.Prices of essential spare parts & consumables shall be quoted in accordancewith ITT Clause 24.0.Prices <strong>for</strong> the training of the Board's personnel at the manufacturer's factoryshall include cost required <strong>for</strong> the Contractor at manufacturer's factory plusthe required expenditure <strong>for</strong> the Board's personnel during the training.20
v) The Tenderer may submit cost saving proposal (optional) with thefinanancial offer, but this will not be considered in the evaluation, as theevaluation will be done on the basis of <strong>tender</strong> requirement. However, if theTenderer's offer found to be lowest at the evaluation, then this cost savingproposal may be considered during negotiation.15.0 DEVIATION IN PAYMENT SCHEDULETenderer shall state their Tender price <strong>for</strong> the payment schedule outlined in theGeneral Conditions of Contract. Tenders will be evaluated on the basis of this baseprice. Tenderers are, however, permitted to state additionally an alternativepayment schedule and indicate the reduction in Tender price they wish to offer <strong>for</strong>such alternative payment schedule. The employer may or may not consider thealternative payment schedule offered by the selected Tenderer.16.0 CONDITIONS OF CONTRACTTenderers are advised that the Contractor will be required to function withinGeneral Conditions and Special Conditions as stipulated in the Tender Documentwhich will <strong>for</strong>m part of the Contract Documents.17.0 SOURCE OF FINANCEThe Government of the People's Republic of Bangladesh is expected to allocate orto receive <strong>for</strong>eign financing <strong>for</strong> the necessary fund in <strong>for</strong>eign exchange and inBangladeshi Taka towards the cost of the project and it is intended that theproceeds of the fund will be applied <strong>for</strong> eligible payments under the contract.18.0 CURRENCY OF PAYMENTSCurrency of payments to be made to the Contractor shall be in US dollar/Euro andin Bangladesh Taka which have been described in the General Conditions of theContract Document.19.0 LANGUAGE, UNITS AND DIMENSIONSThe Proposal and data shall be in English, and all dimensions in SI unit and/ormetric unit system.20.0 VOLUNTARY CLARIFICATION / AMENDMENT AFTER CLOSING OF TENDERThe Tenderer must note that voluntary clarification or amendment or correction ofany sort, after closing of Tender, shall not be entertained by the Board. Any suchcommunication, if received by the Board / Engineer, will be completely ignored.21.0 BANGLADESH REGULATIONSThe Tender Documents contain references to certain Government of Bangladeshdecrees. Tenderer must acquaint themselves on Bangladesh laws & regulations andshall observe & comply on the same.21