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Bharat Petroleum Corporation Limited Tender

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Bharat Petroleum Corporation Limited - BPCL Tender

  • Opening Date

    22 Mar 2019

  • Closing Date

    29 Mar 2019

  • Tender Amount

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Costs

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Summary

Tender For Publishing Press Advertisement In Newspapers In Southern Region

Description

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Page 1 of 1 SPECIAL CONDITIONS OF CONTRACT 1) This tender is for releasing advertisement in newspapers for BPCL Southern Region. 2) Completion Period: Job including preparing artwork in English and vernacular languages, obtaining concurrence from BPCL, publishing in newspapers shall be completed in all aspects within 10 Days (calendar Days) from the date of Letter of Intent. 3) Security Deposit: Successful bidder need to submit Security Deposit in the form of Demand Draft (DD), 5% of Total Contracted value subjected to minimum of Rs. 5,000/- to maximum of Rs. 1,00,000/- after award of the job. Vendor can submit Bank Guarantee in place of DD with validity having six month more than the completion period. The successful vendor/ agency shall submit the security deposit within 15 days from the date of notification of award. 4) Liquidated Damages for Delay: Time is essence of the contract. In case the agency fails to complete the whole work within the stipulated period, he shall be liable to pay liquidated damages of 0.5% of the contract value per week and or part thereof of the delay subject to a maximum of 5% of the contract value. 5) The Price Bid shall be unconditional. The conditional tender shall be rejected. 6) The tender should be submitted only in the prescribed e-tender schedule form supplied by BPCL. 7) Excess quantity over that mentioned in work order or extra item or deviation in work order should not be carried out by the Agency unless has been asked to do so in writing by BPCL and if carried out without such written approval the same will be at the risk and cost of the Agency. 8) BPCL, reserves the right to increase or decrease the tendered quantity of any or every item and delete any item at any stage of work at the accepted rates. The Agency's claim for compensation or damages on account of these shall not be entertained.

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