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T000003280_FileName_lucknow.pdf Click here ... - Bharat Petroleum

T000003280_FileName_lucknow.pdf Click here ... - Bharat Petroleum

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36(ii)any correction in the bill or bill submitted after 6 months from the date ofreturn of the truck to the bottling plant of the Corporation will not be due forpayment and the payment of such bill will be forfeited by the Corporation;(iii) Notwithstanding anything contained in paragraph 5(c)(i)above, theCorporation may at its sole discretion, effect payment of the amount due to theContractor(s) in accordance with this agreement and rates specified in theschedule and furnish necessary details to the contractor(s) along with suchpayment.(iv)If the contractor finds any discrepancy in the payment, such discrepancyshould be brought to the notice of the Corporation within 3 months from thedate of such payment failing which the said discrepancy will be ignored andthe contractor will not be entitled to any payment t<strong>here</strong>fore.(d)(e)(f)A penalty of Rs. 100/- shall be levied for every duplicate document asked for by theContractor for originals lost by them.The rate finalised will increase or decrease in the event of any variation in price ofHigh Speed Diesel of the Corporation prevailing as on the date of finalization of thetender in the city of plant.The escalation / de-escalation shall be calculated on the presumption that:(1) Notional capacity of the truck will be 306 x 14.2 kg cylinder (10 MT)&for 450 x 14.2kg cylinders (16 MT).(2) Average Consumption of HSD will be 4 km / lit for 306 cylinderscapacity trucks & 3.5 km/lit for 450 cylinders capacity trucks.(h)In case of Escalation/de-escalation due to increase/decrease in the Fuel Cost it shouldbe applied when change in HSD retail selling rate is minimum 25 ps. Per liter at atime. If the fluctuation in the HSD retail selling rate is lower than 25 ps per liter,escalation / de-escalation should be applied when cumulative total of such fluctuationsbecomes 25 ps per liter in terms of either increase or decrease.(i) Method of calculating increase / decrease in Transport rate :i. Fuel Cost variation per cylinder:Increase / Decrease in HSD retail selling rate x ARTD*306 cylinders x 4 kms.(as the case may be)(Subject to variation in HSD retail selling rate being 25 ps per liter at atime or cumulative)Signature and Stamp of the Tenderer

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