GENERAL TERMS & CONDITIONS FOR
· The equipment will be sold on AS IS WHERE IS AND NO COMPLAINT BASIS only. Interested parties can inspect the material on any working day (Monday to Friday) between 09 AM to 12.30 PM & 2.PM to 5 PM. No further complaints regarding quality/quantity will be accepted.
· All interested parties after inspecting the item, may submit their Price Bid in sealed cover addressing to the under signed, duly indicating the Basic Unit Price of each item in Indian Rupees or US Dollars on Ex-NFCL Site basis.
· The EMD (Earnest Money Deposit) of the successful bidders for the respective Items will be kept as SECURITY DEPOSIT by NFCL during the contract period and the same will not carry any interest whatsoever. The said Security deposit will be refunded after the successful completion of the contract.
While lifting the equipment the buyers are
required to deposit 100% value of the item being lifted in advance. All payments should be by way of Demand
Draft in favour of Nagarjuna
Fertilizers and Chemicals Limited, payable at
· The item will be delivered on Ex-Our Plant basis.
· However taxes & duties as applicable at the time of lifting of the items will have to be borne by the parties who have been awarded the contract.
· Parties will have to make their own transportation arrangement and loading of the material at our Site and follow the safety rules and regulations as per the security guidelines of NFCL
· NFCL’s decision to award contract to any party or not to award to any of the bidders shall be final, for which we will not be bound to disclose the reason if any.
· NFCL reserves the right to withdraw any item even after finalization of the contract depending upon the requirement of the Plant.
· All successful bidders will be required to lift the material within the specified time frame as intimated by NFCL without allowing it to be accumulated and failure to do so the Security Deposit will be forfeited.
Contact Persons: 1) Mr.N.G.K.
Murthy – Ph.No.+918842360130,
2) Mr.D.Ramalinga Raju – Ph.No.+918842360142
S.S.S.Srinivasarao - Head Stores
Nagarjuna Fertilisers and Chemicals Ltd.