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8/2/2019 ARKOLAGOD -T&C

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04 -02-2012

To

MANAGING DIRECTOR

FLAX HYDRO ENERGY PVT LTD,

Kachiguda, X Road,opp.Vaysya Hostel

3-3-26 & 27, Kakathiya Properties,

Hyderabad 37

Dear Sir,

Sub: Our offer for the work of fabrication, transportation, erection, testingand

Commissioning service, Intake, Draft tube, Gates with Embedded

parts

Hoisting structure and Hoist mechanism---reg.

Ref:

A. Your visit to our Work shop On 31.01.2012

B. Your Enquiry dated 30.01.2012

With reference to your Enquiry cited above we like to submit our offers as

follows

1) Price schedule duly filled & signed as per your format enclosed inAnnexure

2) Terms & Conditions

a) Payment terms :1. Fabrication 10% initial payment of ex-works value, shall be paid along

with the order

against indemnity bond.

2. 85% on pro rata ex work value inclusive of 100% taxes shall be paidafter inspection of parts at our works & kept ready for dispatch

3. Balance 5% after receipt of parts at site of work.

b) Transportation :100% transportation value upon delivery of parts at site on pro ratabasis


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c) Erection :1. 20% of erection value towards mobilisation shall be paid against

indemnity bond, before starting of erection at site of work.

2. 75% of the erection value with 100% service taxes shall be paid oncompletion of

each vent .

3. Balance 5% shall be paid on completion of vents in all respect.d) All the payments shall be made with in 15 days after receipt of

proforma invoices.

e) Taxes: - Vat & Services taxes shall be paid 100%, as and when invoices

are raised

The Proof for the payments towards taxes will be submitted later.

f) Break up of prices will be submitted after award of work for

regulations of payment.

c) Performance security:-

Security deposit/ performance security will be submitted in the form of

indemnity bond or corporate undertaking, for a period of one year from

the date of completion of erection & no recovery shall be made in our

running bills.

d) Facilities at site of erection:-

a) Necessary Power supply at the point of erection shall be madeavailable at free of

Charges near the erection front.

b) Necessary approaches & dry front for the movement of men,mechanical equipments &

Cranes shall be arranged from your end.

c) Necessary accommodation with facility of water& electricity, for ourworkmen & supervisors at site of erection shall be provided at free of

chargesd) Land for stacking the finished goods/ raw materials has to be provided

from your end at site of work at free of charges.

e) Technical:-

a) For hydraulic hoist of service out let gate & intake gate we haveprovided local control panel near the hoist supports only. Permanent

wiring from source of supply to local control panel and remote control

arrangement are not included in our scope. Purchase items like

Hydraulic cylinders, Power pack and under slung hoist as supplied by

the venders only will be considered against items of hoist & allaccessories such as supports etc, will be considered under MS


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Structural only and to be paid at rate / tonnage basis against items A of

price schedule.

b) Draft tube gate :- During the discussion it is informed that no. of drafttube gates is one only against 2 sets. Therefore instead of lift beam

permanent lifting links fixed to the gate may be provided.

c) Validity of the offer: - 30days from the date of our offer.The terms and conditions what you have included in the enquiry is

applicable only to ICB tender where 100% LOC is opened by the

purchaser to ensure payments to contractor

Here for this small and emergency work such terms and conditions are

not suitable for smooth flow of funds & speedy progress of work

.Hence we have proposed modified terms & conditions which are

practicable.

Thanking you & assuring you our Best Services always

Yours faithfully

For NARYAN ENGINEERS

R.NAGABHUSHAN

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