Open tender for supply of sticker materials to TNSTC Kumbakonam. EMD of INR 5,000 required. Samples must be submitted with the tender. Bids due by ****, 11:00 AM. Technical bid opening on **** at 4:00 PM. Payment terms: 45 days credit. Price firm for one year. Security deposit of 2% of order value. Liquidated damages at 10% for delayed delivery. Penalty of 5% for non-fulfillment. Bid validity 90 days. Delivery to various TNSTC stores.
Supply must be completed as per the schedule in the purchase order. the entire quantity of supply for a year is to be spread according to need every month and supply shall positively be completed before the first week of the stipulated month.
Payment is made after 45 days credit from receipt of materials. the standard payment terms for the supply of materials to the tamilnadu state transport corporation kumbakonam will be 45 days credit from the date of receipt of materials at the specific stores of this corporation.
The contract is awarded based on lowest price and vendor rating. the selection of bidder l1h1 shall be made based on the lowest highest rate land cost including as taxes and other cost quantifiable as the case may be and vendor rating system.
Bidders must be manufacturers or authorized agents with relevant proof. tenders are hereby invited for the supply of materials as specified in the schedule attached from reputed manufacturers or their authorized sole selling agents
Penalty of 5% of total purchase order value for non-fulfillment. penalty will be levied at 5 of the total value of the purchase order, for nonfulfilment or nonobservance of any of the conditions stipulated in the agreement
Samples must be submitted with the tender. samples to be sent along with the tender otherwise it is liable to be rejection.
Bids can be rejected for missing documents or EMD. any tender not accompanied by emd or accompanied by emd for a lesser amount shall be summarily rejected.
The tender value is INR 1,00,00,000. tender value in inr 1, 00, 00, 000