UNIVERSITY OF Kashmir Srinagar

12. No payment shall be made for the supply, if not found as per the specification,
other penalties apart;
13. The rates finally accepted and approved shall remain in force upto end of financial
year 2012-2013 or till the new rates are notified;
14. The university reserves the right to negotiate the rates with the bidders;
15. The university reserves the right to accept or reject any tender in part or full
without assigning any reason thereof;
16. In case of any dispute, decision of the Vice-Chancellor shall be final and binding
on the parties.
17. The right to appeal will be within the jurisdiction of Srinagar courts only.
18. A detailed performance report be attached with the tender document (especially
University work)
Deputy Registrar (P&S)
Above terms and conditions from S.No 1 to 18 are acceptable to me.
No: F (NIT) P&S/KU/12-13
Dated: 03-08-2012
Signature
With stamp
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