The prices quoted by the Bidder be subject to [insert not”] “shall “or “shall adjustment during the performance of the Contract. If prices shall be adjustable, ITB 14.5 the methodology specified in Special Conditions of Contract will apply. ITB 14.7 The Incoterms edition is Incoterms 2010. ITB 14.8 (a) destination (Project Site)”: [insert name of location where the Goods are “Final (iii) to be actually delivered] ITB 14.9 [Note: Purchaser shall check the latest instructions of the Government of India on the subject, and modify/ delete ITB Sub-clause 14.9 as necessary.] Period of time the Goods are expected to be functioning (for the purpose of spare ITB 16.4 parts): [insert duration - 2 years or as required] –say ITB 17.2 (b) Manufacturer’s authorization is: required as per proforma in Section IV. (i) ITB 17.2 (b)iii After Sales service is………. which shall [insert or required”] “required” “not be provided by the Supplier or alternatively by its Agent in case of a foreign bidder. The bid validity period shall be 90 days. ITB 18.1 ITB The factor will be….% per annum [insert a figure based on current inflation factor in India] ITB 19.1 [insert one of the following options: No Bid Security is required; [For small value Purchases, bid security is not or essential and may be dispensed with] Bid shall include a Bid Security (issued by bank) included in Section IV Bidding Forms. ITB 19.3 The amount of the Bid Security shall be: [insert amount in Indian Rupees] [If a bid security is required, insert amount of the bid security; otherwise insert Applicable”.] [In case of lots, please insert amount of the Bid Security “Not for each lot] Note: Bid Security is required for each lot as per amounts indicated against each lot. Bidders have the option of submitting one Bid Security for all lots (for the combined total amount of all lots) for which Bids have been submitted, however if the amount of Bid Security is less than the total required amount, the Purchaser will determine (based on lowest cost combination of bids) for which lot or lots the Bid Security amount shall be applied.
ITB 14.5 The prices quoted by the Bidder [insert “shall “or “shall not”] be subject to adjustment during the performance of the Contract. If prices shall be adjustable, the methodology specified in Special Conditions of Contract will apply. ITB 14.7 The Incoterms edition is Incoterms 2010. ITB 14.8 (a) (iii) “Final destination (Project Site)”: [insert name of location where the Goods are to be actually delivered] ITB 14.9 [Note: Purchaser shall check the latest instructions of the Government of India on the subject, and modify/ delete ITB Sub-clause 14.9 as necessary.] ITB 16.4 Period of time the Goods are expected to be functioning (for the purpose of spare parts): [insert duration –say - 2 years or as required] ITB 17.2 (b) (i) Manufacturer’s authorization is: required as per proforma in Section IV. ITB 17.2 (b)iii After Sales service is………. [insert “required” or “not required”] which shall be provided by the Supplier or alternatively by its Agent in case of a foreign bidder. ITB 18.1 The bid validity period shall be 90 days. ITB The factor will be….% per annum [insert a figure based on current inflation factor in India] ITB 19.1 [insert one of the following options: No Bid Security is required; [For small value Purchases, bid security is not essential and may be dispensed with] or Bid shall include a Bid Security (issued by bank) included in Section IV Bidding Forms. ITB 19.3 The amount of the Bid Security shall be: [insert amount in Indian Rupees] [If a bid security is required, insert amount of the bid security; otherwise insert “Not Applicable”.] [In case of lots, please insert amount of the Bid Security for each lot] Note: Bid Security is required for each lot as per amounts indicated against each lot. Bidders have the option of submitting one Bid Security for all lots (for the combined total amount of all lots) for which Bids have been submitted, however if the amount of Bid Security is less than the total required amount, the Purchaser will determine (based on lowest cost combination of bids) for which lot or lots the Bid Security amount shall be applied.
E-1%20(GL%202E%20eGP).docx