Common use of Part II /Financial Bid Clause in Contracts

Part II /Financial Bid. (i) Currency of Bid: Bid prices shall be quoted in Indian Rupees only. These prices should include all costs associated with the work including any out of pocket / mobilization expenses, tools, uniforms of worker, all other logistic as mentioned in the tender, all taxes (Inclusive of GST), charges, levies, Cess, insurance, transportation, entry taxes,) Labour, other Govt. Taxes, Minimum wages of Central Government and EPF / ESI contribution, etc. as applicable as per rules. (ii) The price should be quoted strictly in line with the price schedule leaving no column blank whatsoever to avoid any ambiguity. (iii) The tenderer should ensure that all columns of the price schedule may be duly filled and no column is left blank. After opening of the Part II/Financial Bid, no clarifications whatsoever shall be entertained by the RBI. (iv) If any columns of the price schedule are found blank than the tender of the respective Tenderers shall be treated as non-responsive, and will be summarily rejected by the RBI and further EMD shall be forfeited. However, Bank may also review in this matter as per Xxxxxx Xxxxxx, if required.

Part II /Financial Bid. (i) Currency of Bid: Bid prices shall be quoted in Indian Rupees only. These prices should include all costs associated with the work including any out of pocket / mobilization expenses, tools, uniforms of workerworker , all other logistic as mentioned in the tender, all taxes (Inclusive of GST), charges, levies, Cesscess, insurance, transportation, entry taxes,) Labour, other Govt. Govt Taxes, Minimum wages of Central Government and EPF / ESI contribution, etc. as applicable as per rules. (ii) The price should be quoted strictly in line with the price schedule leaving no column blank whatsoever to avoid any ambiguity. (iii) The tenderer should ensure that all columns of the price schedule may be duly filled and no column is left blank. After opening of the Part II/Financial Bid, no clarifications whatsoever shall be entertained by the RBI. (iv) If any columns of the price schedule are found blank than the tender of the respective Tenderers shall be treated as non-responsive, and will be summarily rejected by the RBI and further EMD shall be forfeited. However, Bank may also take the review in this matter as per Xxxxxx Xxxxxx, if . If required.

Part II /Financial Bid. (i) Currency of Bid: Bid prices shall be quoted in Indian Rupees only. These prices should include all costs associated with the work including any out of pocket / mobilization expenses, tools, uniforms of workerworker , all other logistic as mentioned in the tender, all taxes (Inclusive Exclusive of GST), charges, levies, Cesscess, insurance, transportation, entry taxes,) Labour, other Govt. Govt Taxes, Minimum wages of Central Government and EPF / ESI contribution, etc. as applicable as per rules. (ii) The price should be quoted strictly in line with the price schedule leaving no column blank whatsoever to avoid any ambiguity. (iii) The tenderer should ensure that all columns of the price schedule may be duly filled filled, and no column is left blank. After opening of the Part II/Financial Bid, no clarifications whatsoever shall be entertained by the RBI. (iv) If any columns of the price schedule are found blank than the tender of the respective Tenderers shall be treated as non-responsive, responsive and will be summarily rejected by the RBI and further EMD shall be forfeited. However, Bank may also take the review in this matter as per Xxxxxx Xxxxxx, if required.