Custom Bid for Services - Supply and termination of 12 Nos 22kV 3*300sqmm XLPE Aluminium heat shrin

OPTION CLAUSE 25% : The buyer can increase or decrease the contract quantity or contract duration up to 25 percent at the time of issue of the contract. However, once the contract is issued, the contract quantity or contract duration can only be increased up to 25 percent. Bidders are bound to accept the revised quantity or duration. For lumpsum-based service contracts, the buyer may increase the scope of work and contract value up to 25 percent with the consent of the service provider

Buyer Added text based ATC clauses SPECIAL CONDITIONS OF CONTRACT A) Job completion time and Contract period:

Completion time: The complete job as per scope of work shall have to be completed in all respects within one (01) month from the date of intimation by ONGC to start the work.

Contract Period: This contract shall remain valid for a period of Six (06) months from the date of issue of LOA. B) Terms of payment:

will be made to the contractor.

( https://vims.ongc.co.in ). C) Period Of Guarantee/ Warrantee: i) The contractor shall warrant that every work executed hereunder shall be free from all defects and fault s in materials, workmanship, handling, etc. for a period of 12 (Twelve) months from the date of successful completion of the job and shall be of the highest grade and consistent with established and accepted stand ard of materials and workmanship of the type contracted for and in full conformity with the design, drawin g and specifications. If during the aforesaid period the work or the part of the work is discovered to be defe ctive or faulty or not in conformity with the specifications (decision of ONGC on that behalf being final and binding on the contractor), then the ONGC shall be entitled for the cost of work so found defective and also of damages sustained as a result of such defective work. The contractor shall, if required, also carry out re pairs/replacement free of cost or at the option of the ONGC make payment to ONGC within three months o f receipt of advice, the value thereof at the contract price and such other expenditure and damages as ma y arise by reason of the breach of condition therein specified. ii) Nothing herein contained shall or prejudice against any other right of the ONGC on that behalf or otherwise. iii) Where the Contractor does not directly execute the work itself, and the warranty given by the person/firm carrying out such work on their behalf deviates from the above said warranty, it shall be responsibility of the contractor to abide by the warranty stipulated by the ONGC. D ) LIQUIDATED DAMAGES : As per SCM manual 2025 and Tender Documents. . अ'वीकरण अ'वीकरण /Disclaimer