13.07.2015 Views

EXPRESSION OF INTEREST - Vizag Steel

EXPRESSION OF INTEREST - Vizag Steel

EXPRESSION OF INTEREST - Vizag Steel

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

EOI for End to End Solutions T&S/10/003Section 9 – Duration of the Integrity Pact:(1) This Pact comes into force upon signing by both the Principal and theBidder/Contractor. It expires for the Contractor twelve (12) months after the lastpayment under the contract, and for all unsuccessful Bidders, six (06) months after thecontract has been awarded and accordingly for the Principal after the expiry ofrespective periods stated above.(2) If any claim is made/ lodged during the valid period of the IP, the same shall be bindingand continue to be valid even after the lapse of this Pact as specified above, unless it isdischarged/determined by CMD of RINL.Section 10 – Other provisions:(1) This Pact is subject to Indian Law. Place of performance and jurisdiction is theRegistered Office of the Principal, i.e. Visakhapatnam, State of Andhra Pradesh, India.(2) Changes and supplements as well as termination notices need to be made in writing. Sideagreements to this pact have not been made.(3) If the Contractor is a partnership firm/ Consortium, this Pact must be signed by allpartners/ Consortium members, or their Authorized Representative(s) by dulyfurnishingAuthorization to sign Integrity Pact.(4) Should one or several provisions of this Pact turnout to be invalid, the remaining part ofthe Pact remain valid. In this case, the parties will strive to come to an agreement withregard to their original intentions.(5) Wherever he or his is indicated in the above sections, the same may be read as he/sheor his/her, as the case may be. Similarly, wherever Counterparty or Bidder orContractor is mentioned, the same would include both singular and plural._______________________(For & On behalf of the Principal)(Office Seal)_____________________(For & On behalf of Bidder/Contractor)(Office Seal)Place ---------------Date ---------------Witness 1: Witness 2:(Name & Address)(Name & Address)_________________________________________________________________________________________________________________________________________________________Page 40 of 42

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!