Particulars Conditions of Contracts:
1. Scope of Work:
Vendor Scope:
a). Supply of SMC tank as per approved Technical Specification /
Submittals.
b) Price inclusive of installation and commissioning , handover of SMC
tanks.
d) Unloading, Shifting of SMC tanks is in Vendor scope.
Site Address:-
Site Contact:-
1. Employer Scope: N/A
2. Other Terms:
3. Manufacturers test certificate required along with delivery of material
at site.
4. Material should be as per approved make & specification.
2. Payment Terms:
a) 90 % of supply item value along with taxes & duties within 30 days
after delivery of SMC tank and other Materials at site and submission of
bills as per approved format.
b) 10 % of basic supply item value within 30 days after successful
installation and commissioning of SMC Tank and commissioning of the same,
hand over to Employers Facility Team. In case the installation and
commissioning, handing over to Employers Facility Team of these SMC tank
gets delayed beyond One hundred twenty days from material receipt at site
for reasons not attributable to vendor, 10% of amount shall be released,
Payment within 30 days thereafter.
3. Price validity:
The prices of Goods covered under this Purchase Order shall be firm for
contract period still delivery of the total material of PO
4. Delivery Date:
The Contractual delivery for Goods covered under this Purchase Order shall
be completed within one weeks from Date of Vendor Appointment
The Equipment shall be taken up for manufacturing only after written
confirmation / manufacturing clearance for each Line item from Employer
Site Representative-
5. Defect Liability Period:
The Warranty/Defect Liability Period shall be 24 months from date of
commissioning of individual system or 30 months from date of delivery of
material at site, whichever is earlier. Defective manufacturing materials
if any must be replaced free of cost during installation, testing &
commissioning & Defect liability period.
Upon receipt of the equipment/system at project site, if the work front is
made available timely (say within 4 months) by our project team to vendor
and delay ( if any) in commissioning of the system is attributable to
vendor, then the warranty period shall get extended by equivalent period
of delay by the vendor from the notice to commission the system.
6. Penalty Clause:
a. Delivery of materials shall not be accepted more than 7 days prior to
the delivery date stated on the PO.
b. Materials which are delivered more than 7 days after the scheduled
delivery date shall be classified as late and delayed delivery penalties
shall be levied as follows:
1. Delay of 7 days - 15 days: 0% of value of the relevant materials but
classified as delayed.
2. Delay of 15 days to 30 days: 2% of value of the relevant materials.
3. Delay > 30 days: 5% of value of the relevant materials.
c. In case of partial delivery of materials, penalty shall apply to the
balance quantity only, provided that the materials delivered are complete
for purposes of their individual installation/usage
7. Performance Bond:-
The Seller shall furnish to the Employer within 7 days of release of
Letter of Acceptance/Purchase Order, a Bank Guarantee valid till Defect
liability period i.e., 30 months (from the date of material delivery at
site) issued by a Nationalized Bank approved by the Employer (Format as
attached) to 5 % of Purchase Order value (excluding GST).
