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13. |
TENDER OPENING |
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The
tender will be opened at the time and date set for opening of
tenders in the presence of authorized representatives of the
tenderers, who wish to attend the tender opening. If the principal
wishes to attend, then he can bring one representative along with
him who is well versed in English . |
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14. |
TRANSFER OF TENDER DOCUMENTS/TENDERS |
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Transfer of
tender documents purchased by one tenderer to another is not
permissible. Similarly transfer of tenders submitted by one tenderer
to another is not permissible under any circumstances. The
alteration of essence of tender once submitted is also not
permissible. |
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15. |
LANGUAGE |
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The tender
shall be submitted in English language only. |
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16. |
EARNEST MONEY |
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16.1 |
The
tender be accompanied by the Earnest Money in the form of Bid Bond
from State Bank of India or any other Nationalized Bank of India or
from a first class International Bank duly confirmed by State Bank
of India or any Nationalized Bank of India (acceptable to the
Purchaser) for the amount indicated in Invitation to Tender. Bid
Bond shall remain un-discharged for such period as may be specified
for keeping the tender open. If the tenderer after submitting his
tender resiles from his offer or modifies the Terms and Conditions
thereof in a manner not acceptable to the Purchaser, the Bid Bond
will be forfeited. Tenders not accompanied by Earnest Money
Deposit will not be considered and summarily rejected |
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16.2 |
On
non-acceptance of tender, but not earlier than the expiry date of
the period for which the tender is kept open; the Bid Bond shall be
discharged. |
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16.3 |
Should
the invitation to tender be withdrawn or cancelled by the purchaser,
which he shall have the right to do at any time without assigning
any reason, bid bond will be discharged. |
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16.4 |
Should
the successful tenderer fail or refuse to duly sign the contract
within the period fixed by the purchaser or fail or refuse to
furnish the 10% security deposit, the Bank Guarantee shall be
enforced without prejudice to his being liable for any further loss
or damage incurred in consequence by the purchaser. The bank
guarantee shall be suitably extended, if such a necessity arises, by
the successful tenderer till the date fixed by the purchaser for
furnishing the security deposit. |
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17. |
NO CLAIM FOR
COMPENSATION FOR SUBMISSION OFTENDER |
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The tenderer
whose tender is not accepted shall not be entitled to claim any
costs, charges and expenses of an incidental nature included by him
through or in connection with his submission of tenders, even though
the purchaser may elect to modify/withdraw the invitation to tender. |
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18. |
LOWEST TENDER
NOT NECESSARILY TO BE ACCEPTED |
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The purchaser
reserves the right to accept any tender if it is advantageous to the
Government techno commercially and is not bound to accept the lowest
alone and need not assign any reasons for non-acceptance. |
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19. |
TENDER
EVALUATION |
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19.1 |
General |
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The
tenders received and accepted will be evaluated to ascertain the
best and lowest evaluated tender in the interest of the purchaser,
for the complete supply covered under the technical specifications
and documents.
If
found necessary, the tenderer will be asked to explain the salient
features and functioning of their system through Audio-Visual on a
day fixed by I G Mint, Kolkata and the date and time will be
intimated separately. This Audio-Visual explanation is to be carried
put at their cost only and expenditure on this count will not be
borne by I G Mint, Kolkata. However the tenderers may enclose a
Audio-Visual Soft copy/hardcopy of the equipment offered to
facilitate easy understanding of their machine. |
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19.2 |
Definition and
Meanings |
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For the purpose
of evaluation and comparison of the tenders the following meanings
and definitions will apply.
" Tender Price"
shall mean the best price quoted by each tenderer in his proposal
for his complete scope of work, CIF & FOR site price for goods and
services. |
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19.3 |
Conversion
basis for tenders |
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For comparison
of tenders the currency or currencies of tendered price will be
converted into Indian Rupees at the rate prevailing on the previous
day of price bid opening in RBI website- exchange rate . The tenders
could be reevaluated at the exchange rates prevailing on the day of
the decision of the award, if the period between tender opening and
tender finalization exceeds three months. |
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19.4 |
Techno-
commercial and price evaluation of tenders offered by the tenderers
shall be basis for award of the contract. |
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20. |
In
case of indigenous supplies the tenderer shall arrange necessary
import license, if required. |
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21. |
In case of
global supplies import license will be obtained if applicable in the
name of the purchaser. The tenderer shall submit all relevant
documents and furnish clarifications to India Government Mint,
Kolkata. |
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