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The tender is for the supply of an HBK make mainframe with GPS type **** must submit a two-part bid (technical and price) through the e-procurement portal (EPS) using a digital signature certificate (DSC). Important clauses include GST compliance, Make in India requirements, local content, and fraud prevention policy adherence. The due date for submission is **** terms are 100% basic payment by EFT/RTGS within 30 days after receipt and acceptance of material. A late delivery penalty of 0. 5% per week or part thereof, up to a maximum of 10% of the total order value, applies for failure to deliver within the stipulated delivery date. The offer must be submitted on the company letterhead. The tender is hosted on the e-procurement portal (EPS) and offer to be submitted through EPS portal only. Sealed cover bids/e-mails/fax/manual offers will not be accepted. Scanned copy of the filled annexures, tender documents etc. , shall be uploaded in the EPS portal. BHEL may consider extending the due date/s for the offer submission. Authorization for participation in EPS portal through DSC is required. The vendor should submit make in india certificate declaring percentage (%) of local content and location details of local value addition. The prices shall be firm for the entire period of the contract. The order/contract shall be exacted and governed by the laws of India and laws governing the court at Hyderabad alone shall have jurisdiction in respect of any the contract matter arising under or in connection with the order/contract. The parties agree that if at any time (whether before, during or after the clause for arbitral or judicial proceedings), any disputes (which terms shall mean conducting and include any dispute, difference, question or disagreement arising in connection with construction, meaning, operation, effect, interpretation or breach of the agreement, contract or the memorandum of understanding, the bhel penalty deduction, time extension), which the parties are unable to settle mutually, arise inter-se the parties, the same may be referred by either party to conciliation to be conducted through independent experts committee to be appointed by competent authority of bhel from the bhel panel of conciliators. The proceedings of conciliation shall broadly be governed by part u009diii of the arbitration and conciliation act **** or any statutory modification thereof and as provided in procedure in bhel conciliation scheme. Except as provided elsewhere in this contract, in case amicable settlement is not reached between the parties, in respect of any dispute or difference; arising out of the formation, breach, termination, penalty deduction, validity or execution of the contract; time extension, or, the respective rights and liabilities of the parties; or, in relation to interpretation of any provision of the contract; or, in any manner touching upon the contract, then, either party may, by a notice in writing to the other party refer such dispute or difference to the sole arbitration. Sole arbitrator to be appointed by head of unit-bhel r & d. The arbitrator shall pass a reasoned award and the award of the arbitrator shall be final and binding upon the parties. Subject as aforesaid, the provisions of arbitration and conciliation act arbitration (with **** (india) or statutory modifications or re-enactments thereof and the 10 sole arbitrator) rules made thereunder and for the time being in force shall apply to the arbitration proceedings under this clause, the seat of arbitration shall be at hyderabad. The cost of arbitration shall be borne as per the award of the arbitrator. Subject to the arbitration in terms of clause above, the courts at hyderabad, telangana state shall have exclusive jurisdiction over any matter arising out of or in connection with this contract. Any bidder falling under MSE category shall furnish the following details & submit documentary evidence/govt. certificate etc. in supp
