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Tender for The payment shall be released to the bidders, from...

Tender for The payment shall be released to the bidders, from Bathinda Unit, within 30 days after receipt (subject to acceptance) of the supplied material /services at site in Bathinda Unit. from Punjab. The reference number of the tender is: 105763983 and the same is closing on 20th Aug 2024. Users can register on the site to get similar tenders.

Procurement Summary

Country : India

State : Punjab

Summary : The payment shall be released to the bidders, from Bathinda Unit, within 30 days after receipt (subject to acceptance) of the supplied material /services at site in Bathinda Unit.

Deadline : 20 Aug 2024

Purchaser's Detail

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Other Information

Notice Type : Tender

RefID : 105763983

Notice Ref. No. : GEM/2024/B/4997955

Tender Value : Refer Document

Tender EMD : Refer Document

Tender Document Cost : Refer Document

Competition : NCB

Financier : Self Financed

Purchaser Ownership : Public

Tender's Details

Material shall be supplied as per agreed/specified delivery schedule. If the material is not delivered as per specified schedule, NFL reserves the right to either (i) Purchase the material from OPEN MARKET at the risk and cost of the supplier OR (ii) Accept the goods at its sole discretion after imposing the PENALTY @ 0.5% (half per cent) of the Basic Price + GST as applicable of the delayed quantity for every week or part thereof, of the period of such delay from delivery schedule, subject to a maximum of 5% of the Basic Price + GST on LD as applicable OR (iii) Treat the delay as default of Purchase Order and forfeit security deposit, terminating the Purchase Order forthwith and taking, other action/s against the supplier, within the provisions of the Purchase Order.

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