Common use of Firm Price Clause in Contracts

Firm Price. i. Prices quoted by the bidder shall remain firm and fixed during the period of the Rate Contract and not subject to variation on any account. Purchase Orders will be placed by Centers / Hospital / Departments / Store Sections against this Rate Contract till the period of Rate Contract. Statuary variation in GST will be applicable. ii. The Bidder(s) must quote rates including freight, insurance, cartage, labor charges etc. on Door Delivery basis at AIIMS, Jodhpur iii. Bids of the firms received with prices quoted on variable basis shall be rejected without assigning any reasons and no communication in this regard shall be made. iv. No escalation in rates on any account will be permitted during the contract period.

Firm Price. i. Prices quoted by the bidder shall remain firm and fixed during the period of the Rate Contract and not subject to variation on any account. Purchase Orders will be placed by Centers / Hospital / Departments / Store Sections against this Rate Contract till the period of Rate Contract. Statuary variation in GST will be applicable. ii. The Bidder(s) must quote rates including freight, insurance, cartage, labor charges etc. on Door Delivery basis at the concerned store location, at AIIMS, Jodhpur iii. Bids of the firms received with prices quoted on variable basis shall be rejected without assigning any reasons and no communication in this regard shall be made. iv. No escalation in rates on any account will be permitted during the contract period.