Common use of PRICES AND DISCOUNTS Clause in Contracts

PRICES AND DISCOUNTS. 13.1 The prices quoted by the Tenderer in the Form of Tender and in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any account, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28. However, if in accordance with the TDS, prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zero. 13.6 If specified in ITT 1.1, Tenders are being invited for individual lots (contracts) or for any combination of lots (packages). Unless otherwise specified in the TDS, prices quoted shall correspond to 100 % of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers wishing to offer discounts for the award of more than one Contract shall specify in their Tender the price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same time. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point indicated in the TDS, including all customs duties and sales and other taxes already paid or payable on the components and raw material used in the manufacture or assembly of the Goods; ii)any sales tax and other taxes which will be payable in Kenya on the Goods if the Contract is awarded to the Tenderer; and iii)The price for inland transportation, insurance, and other local services required to convey the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods to their final destination, whenever such Related Services are specified in the Schedule of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes).

Appears in 2 contracts

Samples: Tender Agreement, Tender Contract for the Provision of Maize Milling Services

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PRICES AND DISCOUNTS. 13.1 The prices quoted by the Tenderer in the Form of Tender and in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any accountanyaccount, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28. However, if in accordance with the TDS, prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zero. 13.6 If specified in ITT 1.1, Tenders are being invited for individual lots (contracts) or for any combination of lots (packages). Unless otherwise specified in the TDS, prices quoted shall correspond to 100 % of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers wishing to offer discounts for the award of more than one Contract shall specify in their Tender the price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same time. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point indicated in the TDS, including all customs duties and sales and other taxes already paid or payable on the components and raw material used in the manufacture or assembly of the Goods; ii)any sales tax and other taxes which will be payable in Kenya on the Goods if the Contract is awarded to the Tenderer; and iii)The price for inland transportation, insurance, and other local services required to convey the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods to their final destination, whenever such Related Services are specified in the Schedule of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes).

Appears in 2 contracts

Samples: Tender Agreement, Tender Agreement

PRICES AND DISCOUNTS. 13.1 The prices quoted by the Tenderer in the Form of Tender and in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any account, unless otherwise specified in specifiedin the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28. However, if in accordance with the TDS, prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zero. 13.6 If specified in ITT 1.1, Tenders are being invited for individual lots (contracts) or for any combination of lots (packages). Unless otherwise specified in the TDS, prices quoted shall correspond to 100 % of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers wishing to offer discounts for the award of more than one Contract shall specify in their Tender the price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same time. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point indicated in the TDS, including all customs duties and sales and other taxes already paid or payable on the components and raw material used in the manufacture or assembly of the Goods; ii)any ii) any sales tax and other taxes which will be payable in Kenya on the Goods if the Contract is awarded to the Tenderer; and iii)The iii) The price for inland transportation, insurance, and other local services required to convey the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need paid (need to be supported with documentary evidence) or to bepaid be paid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods to their final destination, whenever such Related Services are specified in the Schedule of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes).

Appears in 1 contract

Samples: Tender Agreement

PRICES AND DISCOUNTS. 13.1 The prices quoted by the Tenderer in the Form of Tender and in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any account, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28. However, if in accordance with the TDS, prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zero. 13.6 If specified in ITT 1.1, Tenders are being invited for individual lots (contracts) or for any combination of lots (packages). Unless otherwise specified in the TDS, prices quoted shall correspond to 100 % of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers wishing to offer discounts for the award of more than one Contract shall specify in their Tender the price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same time. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point indicated in the TDS, including all customs duties and sales and other taxes already paid or payable on the components and raw material used in the manufacture or assembly of the Goods; ii)any sales tax and other taxes which will be payable in Kenya on the Goods if the Contract is awarded to the Tenderer; and iii)The price for inland transportation, insurance, and other local services required to convey the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods to their final destination, whenever such Related Services are specified in the Schedule of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes).ITT

Appears in 1 contract

Samples: Tender Agreement

PRICES AND DISCOUNTS. 13.1 14.1 The Bidder shall indicate on the Price Schedule the unit prices quoted by and total bid prices of the Tenderer goods & services it proposes to supply under the Contract. 14.2 Any discount offered against any single item in the Form of Tender and price schedule shall be included in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total unit price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any account, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28item. However, if in accordance with a Bidder wishes to offer discount as a lot, the TDS, prices quoted Bidder may do so by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zeroindicating such amounts appropriately. 13.6 14.3 If specified so indicated in ITT ITB Sub – Clause 1.1, Tenders bids are being invited for individual lots contracts (contractslots) or for any combination of lots contracts (packages). Unless otherwise specified indicated in the TDSBDS, prices quoted shall correspond to 100 100% of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers Bidders wishing to offer discounts any price reduction (discount) for the award of more than one Contract shall specify in their Tender the applicable price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same timereduction separately. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: (i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point Prices indicated in the TDS, including Price Schedule shall include all customs duties and sales and other taxes already paid or payable by the Supplier (a) on the components and raw material used in the manufacture or assembly of the Goodsgoods quoted; ii)any sales tax and other taxes which will be payable in Kenya or (b) on the Goods if previously imported goods of foreign origin (ii) However, VAT shall not be included in the Contract is awarded to the Tenderer; and iii)The price but shall be indicated separately; (iii) The price for inland transportation, insurance, insurance and other local related services required to convey deliver the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods goods to their final destination; (iv) The price of other incidental services 14.5 The Prices quoted by the Bidder shall be fixed during the Bidder’s performance of the contract and not subject to variation on any account. A bid submitted with an adjustable price quotation will be treated as non-responsive and rejected, whenever such Related Services are specified pursuant to ITB Clause 31. 14.6 All lots, if any, and items must be listed and priced separately in the Price Schedules. If a Price Schedule shows items listed but not priced, their prices shall be assumed to be included in the prices of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes)other items.

Appears in 1 contract

Samples: Service & Maintenance Agreement

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PRICES AND DISCOUNTS. 13.1 14.1 The Bidder shall indicate on the Price Schedule the unit prices quoted by and total bid prices of the Tenderer goods& services it proposes to supply under the Contract. 14.2 Any discount offered against any single item in the Form of Tender and price schedule shall be included in the Price, Schedules shall conform to the requirements specified below. 13.2 All lots (contracts) and items must be listed and priced separately in the Price Schedules. 13.3 The price to be quoted in the Form of Tender in accordance with ITT10.1 shall be the total unit price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices quoted by the Tenderer shall be fixed during the Performance of the Contract and not subject to variation on any account, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall be treated as non- responsive and shall be rejected, pursuant to ITT 28item. However, if in accordance with a Bidder wishes to offer discount as a lot, the TDS, prices quoted Bidder may do so by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zeroindicating such amounts appropriately. 13.6 14.3 If specified so indicated in ITT ITB Sub – Clause 1.1, Tenders bids are being invited for individual lots contracts (contractslots) or for any combination of lots contracts (packages). Unless otherwise specified indicated in the TDSBDS, prices quoted shall correspond to 100 100% of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers Bidders wishing to offer discounts any price reduction (discount) for the award of more than one Contract shall specify in their Tender the applicable price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same timereduction separately. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of Commerce. 13.8 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders by the Procuring Entity. This shall not in any way limit the Procuring Entity's right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: a) For Goods manufactured in Kenya: (i) the price of the Goods quoted EXW (ex-works, ex- factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point Prices indicated in the TDS, including Price Schedule shall include all customs duties and sales and other taxes already paid or payable by the Supplier (a) on the components and raw material used in the manufacture or assembly of the Goodsgoods quoted; ii)any sales tax and other taxes which will be payable in Kenya or (b) on the Goods if previously imported goods of foreign origin (ii) However, VAT shall not be included in the Contract is awarded to the Tenderer; and iii)The price but shall be indicated separately; (iii) The price for inland transportation, insurance, insurance and other local related services required to convey deliver the Goods to their final destination specified in the TDS. b) For Goods manufactured outside Kenya, to be imported: i) the price of the Goods, quoted CIP named place of destination, in Kenya, as specified in the TDS; ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDS. d) for Related Services, other than inland transportation and other services required to convey the Goods goods to their final destination; (iv) The price of other incidental services 14.5 The Prices quoted by the Bidder shall be fixed during the Bidder’s performance of the contract and not subject to variation on any account. A bid submitted with an adjustable price quotation will be treated as non-responsive and rejected, whenever such Related Services are specified pursuant to ITB Clause 31. 14.6 All lots, if any, and items must be listed and priced separately in the Price Schedules. If a Price Schedule shows items listed but not priced, their prices shall be assumed to be included in the prices of Requirements, the price of each item comprising the Related Services (inclusive of any applicable taxes)other items.

Appears in 1 contract

Samples: Service & Maintenance Agreement and Licensing

PRICES AND DISCOUNTS. 13.1 14.1 The prices and discounts (including any price reduction) quoted by the Tenderer Bidder in the Form Letter of Tender Bid and in the Price, Schedules Price Schedule shall conform to the requirements specified below. 13.2 All lots (contracts) 14.2 The Bidder shall list out and items must be listed and priced separately price in the Price Schedules. 13.3 The Schedule, all items in the Schedule of Requirements. Items not listed or items against which no rate or price is entered by the Bidder shall be deemed covered by the prices for other items in the Price Schedule and will not be paid for separately by the Purchaser. For the purpose of evaluation, any item against which no price is entered by the Bidder shall be assumed to be quoted not included in the Form of Tender in accordance with ITT10.1 shall Bid. However provided that the Bid is determined to be substantially responsive notwithstanding this omission, the total average price of the Tender, including any discounts offered. 13.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the form of tender. Conditional discounts will be rejected. 13.5 Prices item quoted by the Tenderer shall substantially responsive Bidders will be fixed during added to the Performance Bid Price and the total cost of the Contract and not subject to variation on any account, unless otherwise specified in the TDS. A Tender submitted with an adjustable price quotation shall Bid so determined will be treated used for price 14.3 The latest edition (as non- responsive and shall be rejected, pursuant to ITT 28. However, if in accordance with the TDS, prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract, a Tender submitted with a fixed price quotation shall not be rejected, but the price adjustment shall be treated as zero. 13.6 If specified in ITT 1.1, Tenders are being invited for individual lots (contractsBase Date) or for any combination of lots (packages). Unless otherwise specified in the TDS, prices quoted shall correspond to 100 % of the items specified for each lot and to 100% of the quantities specified for each item of a lot. Tenderers wishing to offer discounts for the award of more than one Contract shall specify in their Tender the price reductions applicable to each package, or alternatively, to individual Contracts within the package. Discounts shall be submitted in accordance with ITT 13.4 provided the Tenders for all lots (contracts) are opened at the same time. 13.7 The terms EXW, CIP, CIF, DDP and other similar terms shall be governed by the rules prescribed in the current edition of Incoterms, published by the International Chamber of CommerceCommerce shall govern. 13.8 14.4 Prices shall be quoted as specified in each Price Schedule included in Section IV, Tendering Bidding Forms. The disaggregation of price components is required solely for the purpose of facilitating the comparison of Tenders Bids by the Procuring EntityPurchaser. This shall not in any way limit the Procuring Entity's Purchaser’s right to contract on any of the terms offered. In quoting prices, the Tenderer shall be free to use transportation through carriers registered in any eligible country. Similarly, the Tenderer may obtain insurance services from any eligible country in accordance with ITT 3.6, Eligible Tenders. Prices shall be entered in the following manner: (a) For Goods manufactured in Kenyasupplied from within the Purchaser’s Country: (i) the price of the Goods quoted EXW (ex-ex works, ex- ex factory, ex warehouse, ex showroom, or off-the- shelf, as applicable) final destination point indicated in the TDS), including all customs duties and sales and other taxes already paid or payable on the components and raw material used in the manufacture or assembly of the Goods; ii)any sales tax and other taxes which will be payable in Kenya on and (ii) the Goods if the Contract is awarded to the Tenderer; and iii)The price for inland transportation, insurance, and other local services required to convey the Goods to their final destination (Project Site) specified in the TDSBDS. (b) For Goods manufactured supplied from outside Kenya, to be importedthe Purchaser’s Country: (i) the price of the Goods, Goods quoted CIP (named place of destination), in Kenyathe Purchaser’s Country, as specified in the TDS;BDS; and (ii) the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination specified in the TDS; c) For Goods manufactured outside Kenya, already imported: i) the price of the Goods, including the original import value of the Goods; plus, any mark-up (or rebate); plus, any other related local cost, and custom duties and other import taxes already paid or to be paid on the Goods already imported; ii) the custom duties and other import taxes already paid(need to be supported with documentary evidence) or to bepaid on the Goods already imported; iii) any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and iv)the price for inland transportation, insurance, and other local services required to convey the Goods from the named place of destination to their final destination (Project Site) specified in the TDSBDS. d(c) for For Related Services, other than inland transportation and other services required to convey the Goods to their final destination, whenever such Related Services are specified in the Section VI, Schedule of Requirements, : the price of each item comprising the Related Services (inclusive of any applicable taxes). 14.5 The price to be quoted in the Letter of Bid in accordance with ITB 12.1 shall be the total price of the Bid, excluding any discounts offered. Absence of the total bid price in the Letter

Appears in 1 contract

Samples: Bidding Document

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