For Service Enterprises Sample Clauses

For Service Enterprises. Investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006: Rs Lacs
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For Service Enterprises. Investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006: Rs Lacs Date: 1. For the proposed reverse auction, technically and commercially acceptable bidders only shall be eligible to participate. 2. Those bidders who have given their acceptance for Reverse Auction (quoted against this tender enquiry) will have to necessarily submit “online sealed bid” in the Reverse Auction. Non- submission of “online sealed bid” by the bidder for any of the eligible items for which techno- commercially qualified, will be considered as tampering of the tender process and will invite action by BHEL as per extant guidelines in vogue.
For Service Enterprises. Investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006: Rs Lacs Date: REVERSE AUCTION - TERMS & CONDITIONS 1. For the proposed reverse auction, technically and commercially acceptable bidders only shall be eligible to participate. 2. Those bidders who have given their acceptance for Reverse Auction (quoted against this tender enquiry) will have to necessarily submit “online sealed bid” in the Reverse Auction. Non- submission of “online sealed bid” by the bidder for any of the eligible items for which techno- commercially qualified, will be considered as tampering of the tender process and will invite action by BHEL as per extant guidelines in vogue. 3. BHEL will engage the services of a service provider who will provide all necessary training and assistance before commencement of on line bidding on internet. 4. In case of reverse auction, BHEL will inform the bidders the details of Service Provider to enable them to contact & get trained. 5. Business rules like event date, time, bid decrement, extension etc. also will be communicated through service provider for compliance. 6. Bidders have to fax the Compliance form before start of Reverse auction. Without this, the bidder will not be eligible to participate in the event. 7. In line with the NIT terms, BHEL will provide the calculation sheet (e.g., EXCEL sheet) which will help to arrive at “Total Cost to BHEL” like Packing & forwarding charges, Taxes and Duties, Freight charges, Insurance, Service Tax for Services and loading factors (for noncompliance to BHEL standard Commercial terms & conditions) for each of the bidder to enable them to fill-in the price and keep it ready for keying in during the Auction. 8. Reverse auction will be conducted on scheduled date & time. 9. At the end of Reverse Auction event, the lowest bidder value will be known on auction portal. 10. The lowest bidder has to fax/e-mail the duly signed and filled-in prescribed format for price breakup including that of line items, if required, as provided on case-to-case basis to Service provider within two working days of Auction without fail. 11. In case BHEL decides not to go for Reverse Auction procedure for this tender enquiry, the Price bids and price impacts, if any, already submitted and available with BHEL shall be opened as per BHEL’s standard practice. 12. Bidders shall be required to ...
For Service Enterprises. Investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006: Rs Lacs The above investment of Rs Lacs is within permissible limit of RS. .....................................Lacs for Micro/Small (Strike off which is not applicable) Category under MSMED Act 2006. (Signature) Name - Membership number - Seal of Chartered Accountant Bharat Heavy Electricals Ltd. (BHEL), a company registered under the Companies Act 1956 and having its registered office at "BHEL House", Siri Fort, New Delhi - 110049 (India) hereinafter referred to as “The Principal", which expression unless repugnant to the context or meaning hereof shall include its successors or assigns of the ONE PART

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