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Premium free tender document and information for live auction of scrap by Rattanindia power limited one of the largest private players in Power Generation in India. (Formerly known as Indiabulls Power Limited.) Inviting Bidders to purchase of scrap.<br>
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RATTANINDIAPOWERLIMITED INDEX Sr.No. Description PageNo. 1 Formatfortendersubmission 02-03 2 InstructionstoBidders 04 3 FormatforBidderDetails 05-06 4 SpecialConditionsforTender 07-08 5 GeneralConditionsforTender 09-15 Page1of15
RATTANINDIAPOWERLIMITED ScrapSaleBy-Tender FORMATFORSUBMISSION TenderNo:RPL/AMVT/MS.SCRAP/NIT/HO/2016-17/01 th Date:12May2016 15thJune2016(upto2.00pm) LastdateofTendersubmission : INSPECTIONOFMS.SCRAP& TMTSCRAPATAMRAWATI Till15thJune2016 : INSPECTIONOFMS.SCRAP& TMTSCRAPATNASIK Till15thJune2016 : TIMEOFINSPECTION(Reportingtime) : 10.00a.m.to12.00a.m.&2.00pmto4.00pm To, Sr.GeneralManager–C &CRattanIndiaPower Limited. PlotNo.D2&D2Part, AdditionalMIDCarea,NandgaonPeth Amravati(Maharashtra) DearSir, Sub:TenderfortheObsolete/scrapstoresitemsdueon15thJune2016by2p.m. Weherebysubmitourtenderandoffertopurchasethematerialfromyouon“Asiswhereis”basis and“wet,dryandrusty”&onnocomplaintbasis,intheconditionasdetailedintheScheduleofitemsattachedherewithandsubjecttothetermsandconditionsofsaleandSpecialConditionsofSaleassetoutinthistenderform.Weherebyagreethatthesaidconditionsareacceptabletous. TheBiddershallfurnish,aspartofitsBid,anEarnestMonetaryDeposit(EMD)intheformof demanddraft.TheEMDshallintheformofaDemandDraftinfavourof‘RattanIndiaPowerLimited’payableatNewDelhi.TheEMDmustbevalidforaperiodof90(Ninety)daysbeyondvalidityoftheBidwithaclaimperiodof30(thirty)daysthereafter.Bankguaranteeisnotacceptable. My/Ourofferforthepurchaseoflot/sisexclusiveofExciseDutyand/orSalesTax/Vat/SC/TOT, whereverapplicable. Page2of15
RATTANINDIAPOWERLIMITED S.No LOTNO Quantity (Approx) Completion/LiftingPeriod EMD OFFEREDRATE WITHOUTTAXES& DUTIES 1 Lot-1AtAmravatiLocation 1.1 M.SstructuralScrap 1200MT 45days Rs.18.5Lacs 1.2 TMTBarScrap 285MT 2 Lot-2AtNasikLocationNo.1 2.1 M.SstructuralScrap 320MT 15days Rs.5.5Lacs 2.2 TMTBarScrap 110MT 2.3 TMTBindingscrap 9MT 3 Lot-3AtNasikLocationNo.2 3.1 M.SstructuralScrap 100MT 15days Rs.2.25Lacs 3.2 TMTBarScrap 80MT Note: 1.Quantitiesmentionedaboveareindicative&mayvary±10%,invoicewillbepreparedonactualquantityasperfinalweighment/countingonRPLweighbridge. Yourstruly, Dated: Encl:DD/PO.No./Amount SignatureoftheBidder WithRubberStamp. Name&AddressoftheBidder: Tel:Office: Resi:Fax: Mobile: Email: Page3of15
RATTANINDIAPOWERLIMITED INSTRUCTIONSTOBIDDERS 1. RattanIndiaPowerLimited(hereinafterreferredtoas“RPL”)isinvitingBidderstopurchase ScrapgeneratedfromconstructionatourvariousconstructionsSitesatAmravatiandNasikin Maharashtraasperdetailsintableonpage3of15ofthistenderdocument. 2. SealedTendershouldbesubmittedalongwithinseparatesealedenvelopeclearlywrittenontop asLOTno.EMDofRs._(asperabovetable)intheformofDemandDraft(DD)infavourof asperfollowinginstructions: 2.1 ForLOT-1DemandDraft(DD)shallbeinfavourofRattanIndiaPowerLimitedpayableat NewDelhi. ForLOT-2DemandDraft(DD)shallbeinfavourofRattanIndiaNasikPowerLimitedpayableatNasik. ForLOT-3DemandDraft(DD)shallbeinfavourofEurotasInfrastructureLimitedpayableatNewDelhi. 2.2 2.3 Nooverwritingorcorrectionsorapplicationofcorrectionfluidisallowed.Whereverthereis overwritingorcorrectionorapplicationofcorrectionfluid,quotationwillautomaticallydisqualify.Onlypropertypedletteroncompanyletterheadalongwithdulysignedandstampedquotation/offerinseparatesealedenvelopeclearlywrittenEnquiry/NITnodateanddateofbidopening,markedto Sr.GeneralManager–C&CRattanIndiaPowerLimited. PlotNo.D2&D2Part, AdditionalMIDCarea,NandgaonPeth Amravati(Maharashtra) 3. SuccessfulBidderwillhavetosubmitSecurityDeposit.DDofEMDsubmittedbythesuccessful BiddershallbeconvertedintoSecurityDeposit. 4. Ifthespaceprovidedintheregistrationformisnotsufficient,pleaseattachseparatesheetsandgive Annexurereferencenumberontheattachedsheet. 5. Tender,completewithallnecessaryrequirements&pricestructuredulyfilledalongwiththeprescribedEMDshouldreachusonorbefore15thJune2016.RPLwillnotberesponsibleandwillnotbeinapositiontoentertainanydelayonaccountofpostaldelays,lossofdocuments,etc. 6. Buyer&Consigneewillbesame,differententitiesarenotallowed. Page4of15
RATTANINDIAPOWERLIMITED (TOBEFILLEDBYTHEBIDDERS) 1. Nameofthecompany 2. Statusofthecompany(Pleaseticktheappropriatebox) ProprietaryFirm PartnershipFirm PrivateLimitedCompany PublicLimitedCompany Co-operativeSociety PublicUndertaking AnyOther(PleaseSpecify) ( ( ( ( ( ( ( ) ) ) ) ) ) ) DateofEstablishment Firmisregisteredunder(Pleaseticktheappropriatebox) TheCompaniesAct1956 IndianPartnershipAct1952 SmallScaleIndustriesordirectorate ( (( ) ) ) Anyotherauthority(Pleasespecify) ( ) RegistrationDetails RegistrationNo.anddate VATNo TINNo CSTNo. ExciseRegnNo IECCode AnyotherStatutoryRegistrationdetails withtaxationauthoritiesPermanentIncome TaxA/cNo. Employee’sProvidentFundCodeNo.Employee’sStateInsuranceCodeNo. ( ) ( ( ) ) ( ( ) ) (Kindlyattachaphotocopyofallabovecertificates) Page5of15
RATTANINDIAPOWERLIMITED 3. CommunicationsDetails 3.1 AddressforRegisteredoffice 3.2 AddressforBranchOffice 3.3 AddressforWorks/Factory a) b) 4. Listofdirectors/Partners/Proprietorwiththeirresidential/Officialaddresses, TelephoneNosandFax.Nos.&E-mailID’s. 5. ResourceDetails: a)No.ofownedtrucksandalongwithliftingequipment. b)ManpowerEmployed.NameofBankers: 6. 7. ListofthreetofivereputedSELLERSOFFERROUSSCRAPwithfulladdress,FaxNo,E-Mail IDandnamesofcontactpersonswithwhomregisteredasapprovedvendor.(EncloselatestSALEORDERcopiesfromthem.) 8. WhetherCompanyhasfaced(inpastorpresent)anyjudicialenquiry,legalconflict,decree,notice bycourt(Pleaseattachextrasheetsifrequires.) 9. Pleasesubmitphotocopyofmajorsaleorders(min03nos.)alreadyexecutedbyyouduringlast3 years. Idoherebydeclarethatinformationfurnishedinthistenderistruetothebestofmyknowledgeand beliefandthedocumentssubmittedinsupportofthistenderareauthentic.Ialsounderstandandacknowledgethat,incaseofanyfalsehood,myparticipationceases&EMDmaybeforfeited. (Name&Signatureoftheapplicantwithstamp) Place Date FULLOFFICEADDRESS N.B.:Bidderhastofillallrelevantdatainthistender.Write“NA”wherevernotapplicable. Page6of15
RATTANINDIAPOWERLIMITED SPECIALCONDITIONSFORTENDER 1. SealedTendersmustbedepositedtoSeller/RPLattheaddresseithermentionedonthecover pageonor Sr.GeneralManager–C&CRattanIndiaPowerLimited. PlotNoD2&D2Part AdditionalMIDCarea,NandgaonPeth Amravati(Maharashtra) Onorbefore2-00p.m.of15thJune2016. 2. Biddercanquoteforoneormorelotsasperitschoice.Anytenderwithoutrequisitedepositas mentionedaboveagainsteachlotwillberejectedoutrightly. 3. RPLreservestherighttoacceptorrejectthehighesttenderandalloranytenderwithout disclosinganyreasonthereof. 4. TheCompanyalwaysreservestherighttonegotiatewithBidders. 5. TenderDepositofunsuccessfulBidderwillberefundedbytheCompanybyforwardingthesame throughCourierwithinten(10)workingdaysfollowingthedateofTenderResult. 6. EarnestMoneyDeposit(EMD)asmentionedbelowforeachlottobeattachedwiththeTender. EMDwillbeacceptedonlyintheformofDDfavouringRattanIndiaPowerLimited,payableatNewDelhi.NoBankGuaranteeofequivalentamountshallbeacceptedalsoCASH/CHEQUEwillnotbeacceptedagainstEMD. 7. BalancepaymentshallbemadebyDDfavouringRattanIndiaPowerLimited,payableatNew Delhiwithin5workingdaysfromthedateofissuingSALEORDERandliftingofScraptobestartedwithin7workingdaysfromsubmissionoftheDD. Cashwillnotbeacceptedforbalancepayment.Allmaterialmustbeliftedimmediately(after makingbalancepaymentwithSalestaxandExciseduty,ifany)asperthescheduletobeagreedupon. 8. Lots(ofScrap)aresoldonweighmentbasisonly.EMDwillremainwiththeCompanyasa SecurityDeposit;&shallbereturnedonsatisfactoryexecutionofthecontract.In-caseofanydeviation,EMDwillbeforfeited. 9. Exciseduty,VAT,ST&TCSwhereverapplicablewillbechargedextraattherateprevailingat thetimeofdelivery. Taxstructureonsteelisasfollows:QtyandRatesareonlyforreferences Page7of15
RATTANINDIAPOWERLIMITED Description Unit Quantit Rate(Rs) Amount M.S.Scrap MT 1 100 100 Total 100 VA 5.00% 5.00 Total 105.00 Apartfromabove,TCSshallbecharged@1%ontotalinvoicevalue 1.05 Total 106.05 10.Loading/UnloadingwillbecarriedoutbytheSuccessfulBidder/sathis/theirownexpenses.The Bidder/sshallhavetoarrangeforalltools&tacklesandlabourattheirownexpenses. 11.IfwhiletakingdeliveryoftheScrap,anydamageisdonetothepremisesorothermachinerylying nearby,RPLshallrecoverallsuchcostsrequiredtoreinstatethedamageintotheoriginalpositionandstopdeliveryoftheScraptillallcostsarepaid. 12.ThesaleoftheScrapisstrictlyon'AS-IS-WHERE-IS'basis.Nocutting,Nosegregating,no selectionofscrap,Nocomplaintregardinganymissingparts,additionalaccessories/partsotherthanthatdisplayedatthespecifiedlocation,includinganymissingparts/accessoriesshallbeentertained. 13.TheSuccessfulBidderneedtocomplyallsafety,security&HRcomplianceofRPL,whichshall beexplainedindetailatthetimeofplacingoforder. 14.Cableswillnotbedeliveredwithanymachineandwillbecutfromthenearestpointtothe machine,ifany. 15.EMD/Securitydepositofeachlotcanberefundedonlyafterliftingofallthelotspurchasedby thebuyerinoneorvariousnames. 16.TheSuccessfulBidder,iffoundusingfakeidentities,shallbedealtstrictly&sellermayterminate theorderwithoutgivinganyreasonthereof.Appropriateproofofidentityhastobeproducedonrequest. Page8of15
RATTANINDIAPOWERLIMITED GeneralConditionsofContract 1.INSPECTION: 2.4 ForinspectionofScraplyingatthesiteof5X270MWTPPAmravati,atAmravati (Maharashtra),pleasecontactMr.SanjeevRanjan,GMC&C(07755921618&0721-3982517)andMr.PramodSahoo,Dy.Gen.Manager-C&C(7755911618&0721-3982585)atAmravati,Maharashtra,onanyworkingdayduringworkinghours(10-00a.m.to12-00Noon.&2- 00p.m.to3-00p.m.) 2.5ForinspectionofScraplyingatthesiteof5X270MWRattanIndiaNasikPower Plant,atNasik(Maharashtra),pleasecontactMr.YogeshShashikantNaik,Sr.ManagerC&C(8888832200&0255-1398961)atNasik,Maharashtra,onanyworkingdayduringworkinghours(10-00a.m.to12-00Noon.&2-00p.m.to3-00p.m.) 2.6ForinspectionofScraplyingatthesiteofEurotasInfrastructureLtd,atNasik (Maharashtra),pleasecontactMr.AnilLaxmanSaindaneSr.OfficerMaterial(9503195185)at Nasik,Maharashtra,onanyworkingdayduringworkinghours(10-00a.m.to12-00Noon.& 2-00p.m.to3-00p.m.) 2.7 CautionMoneyDeposit/EarnestMoneyDepositand/orSecurityDepositshallbearnointerest. 2. DescriptionofMaterialsandQuality: 2.1 TheScrapshallbedisposedoffin"AS-IS-WHERE-IS"and"WET,DRYORRUSTY" conditions. 2.2 Numbers,quantitiesortonnageornatureofmaterialsgiveninthecatalogueareapproximateand thematerialswillbesoldwithoutanyregardorconsiderationofthesenumbers/tonnageornatureofmaterialsandnowarrantyorguaranteeshallbeimplied.Thequantityofmaterialmayvaryconsiderably,thatis,itmaybemuchmorethantheapproximatequantityindicatedinthecatalogueormuchless.TheBiddermustlifttheentirequantitywithintimeperiodmentionedintableonpageon3of15ofthistenderdocument. 2.3 Descriptiongiveninourenclosedlistisinbrief.Offersbythebidderswillbedeemedtohave beenmadeontheclearunderstandingthatintendingbidder/biddershavesatisfiedthemselvesfullyinregardstothenature,condition,qualityofgoodsuponinspectionorotherwise.Noerror,omissionormis-statementormis-descriptionwhatsoeverandhowsoevermadeorpublishedwhetherinadvertisementorlistorotherwiseandnodefectsorfaultsinthegoodsshallinvalidatethecontractorbesubjectmatterofanyclaimonthepartofthebidderwhetherincompensationorotherwisehowsoevernorwillanysuchclaimbeentertainedbyRPL 2.4 Thequantityindicatedinourlistofscrapitemsisonlyanestimateforcalculatingtheamountof depositsrequiredtobepaidbythebidder,andhasnothingtodowithquantityofscrapthatmaybeavailable.However,sincetheparamountinterestofRPListogettheareaclearedoftheallaccumulatedscrap,theBidderwillhavetoremovetheentirequantitywhetherthesearefarbeyondthelimitofapproximationindicatedormuchlessthantheapproximationindicated. 2.5 RPLreservestherighttoacceptorrejecthighestofferoranyotherofferwithoutassigningany reasonforsuchrefusal. Page9of15
RATTANINDIAPOWERLIMITED 2.6 Weighmentoftareweight&grossweightofscrapvehicleshallbeperformedatRPL weighbridgeandthesameshallbefinal&bindingonthebuyer. 3. RemovalofScrap: 3.1 ItwillbeSuccessfulBidder’sresponsibilitytoweighttheemptytruckatRPLweighbridgeand producethenecessaryweightcertificatesothattheweightoftheemptytruckwillbedeductedfromtheweightofthefullyloadedtruck. 3.2 Forlotssoldonweighmentbasis,theBidderwillhavetoweightheemptytruckandloaded truckatRPLWeigh-Bridges.Thescrapwillbeweighedontheweigh-Bridge/weighingscaleinthepresenceoftheBidderorhisauthorized-representativeandtheweightsrecordedwillbeacceptabletoboththeparties.NodeviationonRPLweighbridge/NocomplaintregardingshortageinweightsandquantitywillbeconsideredoncethematerialisremovedbyhimfromRPLPremises. 3.3 AlltheconsignmentsmustbeweighedeveniftheyaresoldonlotbasisforRPLrecord. 3.4 InordertofacilitateRPLtocompletethetransactionbefore5.00p.m.thegoodsshouldbe collectedbefore3.00p.m.onanyworkingdaywithpriorappointmentwiththeconcerneddepartmentwithinthestipulateddeliverydays. 3.5 ShouldtheSuccessfulBidderwishtotakedeliveryofthescrapmaterialthrougharepresentative, hemustauthorizethelatterbyaletterofauthorityorcontinuingauthority,whichshallbepresentedtotheofficerconcerned.MaybetheofficerconcernedinhisentirediscretiondeclinetoactonanysuchauthorityanditoughttobefortheSuccessfulBiddertosatisfytheofficerconcernedthattheauthorityisgenuine.DeliverytosuchpersonshallbesoleresponsibilityoftheBidder&noclaimshalllieagainstRPLonanyaccountwhatsoever,ifdeliveryisofferedtoawrongperson. 3.6 RPLreservestherighttounloadthevehiclesforinspectionpurpose.Ifitissuspectedatanytime thattheSuccessfulBidderhasloadedthematerial/materialsforwhichheisnottheSuccessfulBidderoriftheSuccessfulBidderisfoundtocarryexcessscrapthanthatmentionedinthedocuments,RPLwillbewithinitsrighttodetainthetruck,unloadthegoodsatthecost&expensesoftheBidder&terminatethecontractforthwithandforfeitthesalevalue&claimsuchfurtherlossesanddamagesthatmaybecausedtoRPL. 3.7 ItshallbetheresponsibilityoftheSuccessfulBiddertoseethatheorhisservantsoragents collectandloadonlythatqualityandkindofScrapthatiscoveredbythecontractandintheeventofhisservantsoragentsfindinganyotherqualityoforkindorScrapmixedwiththeScrapallottedtohimheshouldforthwithbringittothenoticeoftheyardmasterandliftscraponlyaftersegregation. 3.8 Lotssoldonaccumulated/arrangedbasisatthetendermustberemovedbytheBidderonor beforescheduledperiodasmentionedabove. 3.9 ForLotssoldon‘ArisingBasis’theSuccessfulBiddershallchecktheaccumulationonceaweek orfortnightandassoonasonetruckloadofmaterialisavailable,he/theyshallliftthematerial Page10of15
RATTANINDIAPOWERLIMITED immediatelyaftermakingnecessarypaymentforthesame.Loading/Unloadingwillbecarried outbytheSuccessfulBidderathisowncosts&risk.TheSuccessfulBiddersattheirowncostwillarrangeLabour.Non-availabilityofthesamewillnotbeconsideredasagroundfor'Late-Lifting'ofthematerials. 4. Penaltyfordelayincollectionofscrapfromourpremises&depositionofbalancePayment 4.1 IncasetheSuccessfulBidderfailstomakethebalancepaymentwithinthescheduledtime,RPL mayatitsdiscretionextendtheperiodbylevyinginterest@1%ofthesalevaluepermonthforsuchdelayedperiodtillthetimeentireEMDisexhausted.Ifthefailurecontinues,theEMDshallbeforfeitedandthecontractmaybeterminatedatthediscretionofRPL. 4.2 IncasetheSuccessfulBidderfailstoremoveandtakecompletedeliveryofthegoodssoldorpart thereofwithinthescheduledtime,RPLmayatitsdiscretionextendtheperiodbylevyingdown Godownrent@0.5%ofthebalancesalevalueperweekforsuchdelayedperiod.. 4.3 Notwithstandingthefacilitiesgivenabove,RPLmayrefusetoextendtheperiodandcancelthe saleatitssolediscretionandforfeittheEMDdepositedbytheBidder/s.RPLmayalsolevydownbothpenaltysimultaneously. 5. DecisionIncaseofdisputes: 5.1 Incaseofanydisputeregardingthecontract,thedecisionoftheRPLshallbefinalandbinding. Ifthereisanydisputeastothelastorhighestbid,theRPLshalldeterminethedisputeanditsdecisionshallbefinalandbindingtoall. 5.2 Incaseofanydisputearisingoutoforrelatingtothetermsofthiscontractthemattershallbe referredtosolearbitratorappointedbyRPL.ThearbitratorsoappointedshallactinaccordancewiththeprovisionofArbitration&ConciliationAct,1996andthevenueofarbitrationshallbeDelhi. 5.3 OnlytheappropriateCourtinNewDelhi,&shallhavethejurisdictiontodealwithanydisputes arisingoutofthiscontract. 6. RightofAcceptance/Rejectionofoffer: 6.1 RPLreservestherighttowithdrawwhollyorpartiallyanyoralltheitemssetforsaleatanytime duringtheperiodofcontractwithoutassigninganyreasons. 6.2 RPLalsoreservestherighttoacceptanyofferonthebasisof"Subjecttoapproval"byRPLIn casethebidisacceptedon"Subjecttoapproval"basis,RPLfinaldecisionwillbeinformedtotheBidderwithinsevencalendardays. 6.3 ThegoodsaresoldsubjecttothereservepricefixedbyRPL.RPLisnotboundtoacceptthe highestoffer.RPLreservestherighttorejectanyconditionaloffers. 7. ForfeitureofEMD/SecurityDeposit 7.1 IncaseoffailureoftheBiddertocomplywiththeconditionsasmentionedabove,RPLmayat itsdiscretion,terminatethecontractandtheEMD/SecurityDepositpaidbytheBidderwill Page11of15
RATTANINDIAPOWERLIMITED standforfeitedforthebreachofcontractbytheBidder.Thelotinquestionwillbere-soldby RPL,withoutanyreferencetotheBidder,toanyotherbuyerattheriskofthedefaultingBidder.ThedeficitifanywillberecoveredfromthedefaultingBidder. 7.2 ThelotspaidformustbecompletelyremovedattheBidder'sexpensewithinthescheduleperiod specified.Ifanylotisnotremovedwithinthisspecifiedperiod,RPLmayre-sell/re-auctionthesaidlotorportionthereofattheBidder'sriskandexpense.Inthisevent,theBidderwillbeliabletocompensateRPLforallthedamagesandlossesthatRPLmaysufferonaccountofre-selling/re-auctioningthelotandinadditionRPLwillalsobeentitledtorecoverfromtheBidderthecostofstoragewarehousingetcspecifiedabove.ThiswillbeinadditiontoEMD/SecurityDepositthatwillstandforfeitedintheeventoftheBiddernotremovingthelotswithinthespecifiedtime. 8. TerminationofContract: RPLreservestherighttoterminatethecontractatanytimebygivingthree(3)daysnoticeonthe followinggrounds. 8.1 UnsatisfactoryexecutionorperformanceofthecontractbytheBidder. 8.2 ForimproperbehavioroftheBidderorbreachofthetermsandconditionsofthecontract. 8.3 DecisionofRPLtoterminatethecontractshallbefinalandbindingandnoclaimfor damagesandcompensationshallarise.ProvidedfurtherthatintheeventoftheBidderorhisagentorservantcommittingorattemptingtocommittheft,fraud,dishonestyorgrossmisbehaviorinconnectionwiththesubjectmatterofthiscontractorinanyother-connectionwhatsoeverconcerningthebusinessofRPL,RPLshallbeentitledtoterminatethecontract-forthwithandforfeittheSecurityDepositatitssolediscretion. 9. PassingofPropertyInthegoods: Itisexpresslymadeclearthatthepropertyinthegoodswhethersoldbyunits,weightsorlots, whetherarrangedorotherwise,willremainthatofRPLandwillpassontotheBidderonlywhenmaterialistakenoutbytheBidderfromthefactoryPremisesaftergettingvaliddispatchdocuments. General 9.1 ExciseDuty,SalesTax,AdditionalTaxandoranyothertaxesasapplicableundertherelevant SalesTaxActwillbechargedextraattherateprevailingatthetimeofdeliveryandtherateofferedshallbeexclusiveofalltaxes. 9.2 Alltrucks,handcarts,carryingsuchmaterialsoutsideourpremisesaresubjecttoinspectionby ourSecurityDepartmentatthegate.Ifrequired,thebuyerwillhavetounloadthevehicleif SecurityOfficerdemandsforasurprisecheck. AnypersonemployedorengagedbytheBidderforthepurposeoftheexecutionofthecontractshallberequiredtoobservetherulesandregulationsthatareprevailinginRPL.Themovementofhispersonsshallberestrictedonlytotheplaceofworkassignedtothem.EachpersonengagedbythebuyershallberequiredtoobtainaPassfromourSecurityDepartmentfor 9.3 Page12of15
RATTANINDIAPOWERLIMITED enteringandleavingIRLpremises.RPLSecurityDeptshallsubjectallthelabourengagedbythe buyertoinspection. 9.4 Allnotices,letterssenttotheBiddershallbedeemedtohavebeenreceivedbyhim/themon expiryof48hoursfromthetimeofpostingifthesamearesentattheaddressgivenbythe Bidder. 9.5 Resalewillnotberecognizedandreleaseorderwillbemadeoutinthenameofactualsuccessful Biddersonly. 9.6 TheSuccessfulBiddershallnotbeentitledtoresellanylotorpartofalotwhilethegoodsare stilllyingwithinthepremisesofRPLandnodeliverywouldbeaffectedbyRPLtoanypersonotherthantheBidderwhosenamesarementionedinthedeliveryorder. 9.7 AllSuccessfulBiddersofthelotsbeforecollectingpurchasedmaterialsfrominsidetheworks shouldcontacttheRPL’sauthorizedofficertogetthemfullyacquaintedwithsafetyrulesandregulations.Bidderswillbeallowedtostartcollectingmaterialsonlywhentheyhaveconfirmedinwritingthattheyareagreeabletofollowthevarioussafetyrulesandplantregulations. 9.8 RPLwillinnowayberesponsibleforanyaccident,damageorinjurytothecontractor's workmenorequipmentwhileonfactorypremises. 9.9 IfthesuccessfulBidderatanystageeitherneglectsorrefusesorisunabletotakedeliveryofthe materialsforanyreasonswhatsoeverortheperformanceoftheBidderisunsatisfactory,RPLwillhavetherighttoterminatethecontract,enforceforfeitureofBidder'sEMD/securitydepositandclaimsuchfurtherlossesanddamagesthatmaybecausedtoRPLtodetermineanddeclareatitssolediscretion. 9.10 IntheeventoftheBidderfailingtoremovethematerialsandtopaypricethereof,RPLshallbe freetosellthegoodstoanypersonorpersonsandtorecoverfromtheoriginalBiddertheamountbywhichmaterialsactuallysold,fallsshortofthepriceagreedbytheoriginalBidder.ThisdoesnotinanywayeffecttherightofRPLtoforfeitEMDasprovidedherein. 9.11 SpecialConditionsofsaleoradditionalconditionsofsale,ifany,willbeannouncedatthe timeofinspection. 10. Arbitration: 10.1 IfanydisputeordifferenceofanykindwhatsoevershallarisebetweentheOwnerandthe Contractor,arisingoutoftheContractfortheperformanceoftheWorkswhetherduringtheprogressoftheWorksorafteritscompletionorwhetherbeforeorafterthetermination,abandonmentorbreachoftheContract,itshall,inthefirstplace,bereferredtoandsettledbytheOwner,who,withinaperiodof30(thirty)daysafterbeingrequestedtodoso,shallgivewrittennoticeofhisdecisiontotheContractor. 10.2 Saveashereinafterprovided,suchdecisioninrespectofeverymattersoreferredshallbefinal andbindinguponthepartiesuntilthecompletionoftheentireworkundertheContractandshallforthwithbegiveneffecttobytheContractorwhoshallcomplywithallsuchdecisions,withallduediligence,whetherherequiresconciliationand/orarbitrationashereinafterprovidedornot. Page13of15
RATTANINDIAPOWERLIMITED 10.3 IfaftertheOwnerhasgivenwrittennoticeofhisdecisiontotheContractorandnoclaimto conciliationand/orarbitrationhasbeencommunicatedtohimbytheContractorwithin30(thirty)daysfromthereceiptofsuchnotice,thesaiddecisionshallbecomefinalandbindingontheContractor. 10.4 IntheeventoftheOwnerfailingtonotifyhisdecision,asaforesaid,within30(thirty)daysafter beingrequested,orintheeventoftheContractorbeingdissatisfiedwithanysuchdecision,orwithin30(thirty)daysaftertheexpiryofthefirstmentionedperiodof30(thirty)days,asthecasemaybe,eitherpartymayrequirethatthemattersindisputebereferredtoarbitrationashereinafterprovided. 10.5 SubjecttoasspecifiedinthisClause12.0,alldisputesordifferencesinrespectofwhichthe decision,ifany,oftheOwnerhasnotbecomefinalorbindingasaforesaid,shallbesettledbyarbitration,underandinaccordancewiththeprovisionsofTheArbitrationandConciliationAct, 1996oranystatutorymodification,inthemannerhereinafterprovided.ThevenueofarbitrationshallbeNewDelhi,India. 10.6 ThearbitrationshallbeconductedbyasolearbitratorappointedbytheOwner. 10.7 Thedecisionofthesolearbitratorshallbefinalandbindingupontheparties.Theexpenseofthe arbitrationshallbepaidasmaybedeterminedbythearbitrator.Thearbitratormay,fromtimetotime,withtheconsentofboththepartiesincreasethetimeformakingtheaward. 10.8 Duringsettlementofdisputesandarbitrationproceedings,bothpartiesshallbeobligedtocarry outtheirrespectiveobligationsundertheContract. 10.9 Partiesagreethatthepartyinvokingarbitrationshallspecifyalldisputestobereferredto arbitrationatthetimeofinvocationofarbitrationandnotthereafter. 11. FraudulentandCorruptPractices: 11.1 TheVendorandtheirrespectiveofficers,employees,agentsandadvisorsshallobservethe higheststandardofethicsduringthesubsistenceoftheAgreement/PurchaseOrder/ServiceOrderasthecasemaybe(hereinafterreferredtoas”Agreement”).NotwithstandinganythingtothecontrarycontainedintheAgreement,theOwner/EmployermayterminatetheAgreementwithoutbeingliableinanymannerwhatsoevertotheVendor,ifitdeterminesthattheVendorhasdirectlyorindirectlyorthroughanagentengagedorindulgedinanycorruptpractice,fraudulentpractice,coercivepractice,undesirablepracticeorrestrictivepracticeduringtheprocurementprocess,oraftertheissueofletterofintentoraftertheexecutionoftheAgreement,theOwner/EmployermayterminatetheAgreementwithoutbeingliableinanymannerwhatsoevertotheVendor.Further,insuchanevent,theOwner/EmployershallforfeittheContractPerformanceGuarantee/EarnestMoneyDepositasthecasemaybe. 11.2 Further,theVendorshallnotbeeligibletoparticipateinanytenderorRFPissuedbythe Owner/EmployerfromthedatesuchVendorisfoundbytheOwner/Employertohavedirectlyorindirectlyorthroughanagent,engagedorindulgedinanycorruptpractice,fraudulentpractice,coercivepractice,undesirablepracticeorrestrictivepractices,asthecasemaybe. Page14of15
RATTANINDIAPOWERLIMITED 11.3ForthepurposesofthisArticle13.0,thefollowingtermsshallhavethemeaninghereinafter respectivelyassignedtothem: 11.3.1”Corruptpractice”means(i)theoffering,giving,receiving,orsoliciting,directlyorindirectly,of anythingofvaluetoinfluencetheactionsofanypersonconnectedwiththeprocurementprocess(foravoidanceofdoubt,offeringofemploymenttooremployingorengaginginanymannerwhatsoever,directlyorindirectly,anyofficialoftheOwner/Employerwhoisorhasbeenassociatedordealtinanymanner,directlyorindirectlywiththeprocurementprocessortheletterofintentorhasdealtwiththemattersconcerningtheAgreementorarisingtherefrom,beforeoraftertheexecutionthereof,atanytimepriortotheexpiryofoneyearfromthedatesuchofficialresignsorretiresfromorotherwiseceasestobeintheserviceoftheOwner/Employer,shallbedeemedtoconstituteinfluencingtheactionsofapersonconnectedwiththeprocurement process);or(ii)engaginginanymannerwhatsoever,whetherduringtheprocurementprocessoraftertheissueoftheAgreementoraftertheexecutionoftheAgreement,asthecasemaybe,anypersoninrespectofanymatterrelatingtotheprojectsortheletterofintentortheAgreement,whoatanytimehasbeenorisalegal,financialortechnicaladvisoroftheOwner/EmployerinrelationtoanymatterconcerningtheProject; 11.3.2”Fraudulentpractice”meansamisrepresentationoromissionoffactsorsuppressionoffactsor disclosureofincompletefacts,inordertoinfluencetheprocurementprocess; 11.3.3”Coercivepractice”meansimpairingorharming,orthreateningtoimpairorharm,directlyor indirectly,anypersonorpropertytoinfluenceanyperson’sparticipationoractionintheprocurementprocess; 11.3.4”Undesirablepractice”means(i)establishingcontactwithanypersonconnectedwithor employedorengagedbytheOwner/Employerwiththeobjectiveofcanvassing,lobbyingorinanymannerinfluencingorattemptingtoinfluencetheprocurementprocess;or(ii)havingaconflictofinterest;and 11.3.5”Restrictivepractice”meansformingacartelorarrivingatanyunderstandingorarrangement amongbidderswiththeobjectiveofrestrictingormanipulatingafullandfaircompetitionintheprocurementprocess. 11.4Incasethevendorcomesacrossanyunworthydemandorpressurefromtheanyemployeeor retiredemployeefromRattanIndiathenamailcanbedroppedtovigilance@rattanindia.com ForRattanIndiaPowerLimitedAuthorized Signature Page15of15