Supply of E385-16 SMAW Electrode Dia 2.5 X 350 mm confirming to ASME Sec II C

OPTION CLAUSE: The Purchaser reserves the right to increase or decrease the quantity to be ordered up to 25 percent of bid quantity at the time of placement of contract. The purchaser also reserves the right to increase the ordered quantity up to 25% of the contracted quantity during the currency of the contract at the contracted rates. The delivery period of quantity shall commence from the last date of original delivery order and in cases where option clause is exercised during the extended delivery period the additional time shall commence from the last date of extended delivery period. The additional delivery time shall be (Increased quantity ÷ Original quantity) × Original delivery period (in days), subject to minimum of 30 days. If the original delivery period is less than 30 days, the additional time equals the original delivery period. The Purchaser may extend this calculated delivery duration up to the original delivery period while exercising the option clause. Bidders must comply with these terms.

Buyer Added text based ATC clauses 1- Payment terms mentioned in the Annexure A of the specification document supersedes the pay ment te rm mentioned against payment timelines in bid details section of the Bid document of GEM tender. 2-Note: “All MSME suppliers are required to mandatorily route their invoices thr ough any RBI-authorized T ReDS platform (e.g., RXIL, M1xchange, Invoicemart) ir respective of whether bill discounting is availed or n ot, and subsequently regist er the invoices in the SUVIDHA portal (https://suvidha.bhel.in/suvidha/) for p ay ment processing. For non-MSME suppliers, only registration of invoices in the SUVIDHA portal (https://suvid ha.bhel.in/suvidha/) is mandatory for payment processing .

Buyer uploaded ATC document Click here to view the file . अ'वीकरण अ'वीकरण /Disclaimer