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Home > Tenders > The payment shall be released to the bidders, from Bathinda Unit, within 30...
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
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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