Invitation to Bid - Procurement Services in TELANGANA

T E R M S & C O N D I T I O N S 1.The rates quoted shall be exclusive of Taxes. All Taxes and Charges shall be shown separately in Cost Component. 2.The quantities are likely to be increase or decrease as per necessity. 3.The materials have to be supplied at Kothagudem Thermal Power Station V&VI-Stages/O&M/Stores/ Paloncha /Bhadradri Kothagudem Dist. P&F, Freight and Insurance charges are to supplier’s account. 4.Earnest Money Deposit i.The EMD shall be provided as mentioned in the schedule of Tender document. ii.NO EMD is required against limited/single tender in case the total value of the offered items is upto 2 lakhs. No EMD is required against limited /single tender from PSU. iii. a) Bids without EMD, if required as per tender doc., shall be liable for rejection. b) EMD of those bidder who alter their price or withdraw their bids, do not accept order / letter of intent shall be forfeited. 5.Successful tenderer shall furnish PBG for 10% of the order value with validity over guarantee period with a claim period of 6 months from the date of supply of equipment, in case the offered items are Equipment /Instruments / Machinery. 6.Successful tenderer should furnish the Security Deposit of 2 ½% of total contract value in the form of DD /pay order / Bankers Cheque in favour of TGGENCO or Bank Guarantee within one month from the date of receipt of PO. NO SD is required for individual PO value upto Rs.50,000.00 7.The quotations shall be valid for 180 days from the date of price bid opening. 8.The Standard payment terms shall be 100% payment will be made within 30 days on receipt of material in good condition and on receipt of bills in triplicate duly certified by the consignee. 9.Penalty for late delivery will be of ½% per week of delay or part thereof subject to a maximum of 5% of total value of contract. 10.The material/equipment supplied shall be guaranteed for satisfactory operation for a period of 12 months from date of putting the equipment in service or 18 months from the date of receipt of materials at site whichever is earlier. 11.The Rate for each item shall be quoted separately. 12.All and any dispute or differences arising out of touching the order issued on this enquiry, shall be decided by court or tribunals situated in Hyderabad. No suit or other legal proceedings shall be instituted elsewhere. 13.You are requested to furnish Xerox Copies of latest income Tax clearance certificate. Registration documents of the firm. 14.You are requested to furnish your firm’s GST Registration Copy and Applicable GST rates of enquired materials with HSN Codes. 15.It is not binding on TGGENCO to accept the lowest or any bid. The Corporation reserves the right to place orders for individual items with different bidders and to revise the quantities at the time of placing the order.The quoted rates, terms and conditions shall apply. The order for the materials may also be split up between different bidders to facilitate quick delivery of critically required materials. TGGENCO further reserves the right accept or reject any / all bids without assigning any reasons thereof. 16.Please sent one copy of the technical pamphlet and previous purchases order copies on your firm. Encl: Terms and conditions sheets To be returned by the bidder Yours faithfully, Sdx/... CHIEF ENGINEER O&M-KTPS-V&VI STAGES

As per tender docuemnts

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