Examples of Basic Price in a sentence
Landed price will be summation of Basic Price, Packing & Forwarding Charges, Excise Duty, Sales Tax, Freight, Inspection, Octroi, Supervision of Installation & Commissioning and other taxes & levies, loading etc, if any, reduced by cenvat/vat credit as applicable.
Comparison of Financial Bids would be based on the quoted Basic Price in BOQ as mentioned in “Submission and Opening of Bids” quoted by the tenderers.
In case any of the Cell in Price Bid Format pertaining to any cost element is left blank or shown as 0.00, then that Element shall be treated as Included in Basic Price/NIL and in case such cost is applicable/payable extra over the Basic Price the same shall be borne by the seller in the event of placement of order.
Comparison of Financial Bids would be based on the quoted Basic Price in BOQ as mentioned in “Submission and Opening of Bids” quoted by the tenderers.THE DECISION OF THE WBMSCL AUTHORITY WILL BE FINAL AND BINDING IN THIS MATTER.
Blank field in BOQ (Price Bid) shall be treated as ‘Inclusive’ in Basic Price of item.