A1A - EIL Tender portal
A1A - EIL Tender portal
A1A - EIL Tender portal
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BPCL-KR<br />
Job: A307<br />
ii) For Foreign Vendor:<br />
a. In case item involving supply and site work including comprehensive Insurance<br />
policy:-<br />
In partial modification of the terms specified in clause 26 of GPC –12 months from the date of<br />
handing over of duly completed plant/equipment/system as per the contract at site to the owner.<br />
b. In case item involving supply and site work Excluding comprehensive Insurance<br />
policy:-<br />
Performance Guarantee shall be as per clause 26 of GPC (For Foreign materials & equipments).<br />
c. In case item involving only supply:-<br />
Performance Guarantee shall be as per clause 26 of GPC (For Foreign materials & equipments).<br />
SECTION-C: COMMERCIAL LOADING OF OFFERS IN CASE OF DEVIATIONS<br />
11.0 BASIS OF LOADING:<br />
The Foreign Bids shall be loaded on FOB Port of Exit prices and the Indian Bids shall be loaded on<br />
FOT Despatch Point prices.<br />
12.0 PAYMENT TERMS:<br />
i. Any differential payment terms offered by an Indian supplier as against the terms specified in the<br />
RFQ/ GPC shall be loaded @ 15% (simple interest) per annum for the applicable period as under:<br />
Drawing approval : 80% of the delivery period<br />
Sub-ordering of raw materials : 75% of the delivery period<br />
Receipt of raw material at vendor‟s works : 50% of the delivery period<br />
Final 10% also against dispatch documents : one month<br />
Period of any other stage shall be suitably decided at the time of evaluation.<br />
ii.<br />
iii.<br />
In cases like turnkey jobs, to derive the delivery period of supply items, the total period of turnkey<br />
jobs shall be split into delivery period of supplies & site work period in the ratio of 70:30 for loading of<br />
differential payment terms for the supply periods as defined above.<br />
Foreign suppliers shall not be permitted to offer differential payment terms as against the terms<br />
specified in the RFQ/ GPC and in case they insist, their offer shall be rejected.<br />
Advance along with FOA/ PO will not be allowed. If a supplier insists for advance payment along<br />
with FOA/PO, his offer shall be rejected.<br />
13.0 PERFORMANCE BANK GUARANTEE (PBG):<br />
i. Performance Bank Guarantee shall be required in all cases of supplies of all values. In case a<br />
supplier offers to give a PBG for less than 10% of order value, or for a lesser period than what is<br />
provided in GPC, loading shall be done for the differential amount and/ or the differential period. For<br />
differential period/ amount, the following example will amplify the methodology of loading (if GPC<br />
specifies 10% PBG for 18 months + 3 months claim period = Total 21 months):<br />
ii.<br />
iii.<br />
For differential period:<br />
Period offered by Bidder<br />
Loading<br />
10% for 21 months - No loading<br />
10% for 18 months - 10% x 3/21 = 1.43%<br />
10% for 12 months - 10% x 9/21 = 4.29%<br />
10% for 6 months - 10% x 15/21 = 7.14%<br />
For differential Amount:<br />
Other than 10%: To be loaded by percentage by which PBG is short of 10%.<br />
In case, bidder does not agree to submit the PBG, 10% payment shall be deducted and withheld till<br />
the guarantee period.<br />
In case, Bidder does not agree to submit the PBG or agree for deduction as per Cl. 13.(ii) above, the<br />
offer shall be liable for rejection.<br />
14.0 DELAYED DELIVERIES:<br />
i. For Supply Only: [considering 0.5% un-delivered order value (UDOV) ~ 5% total order value<br />
(TOV)]<br />
A307_SIB Rev.5 dtd: 20.06.2013 Page 11 of 21<br />
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