9/1123, 3:26PM —_ireps.govinvepsnisupalytds/publishLOALstter doAction=ViewPublshedl site: Zonal Head Quarters, East lock, First Floor, Gadag Road Hubli, 580020 Karnataka, India Letter No: STORES / 56231091 / 800389 Dated: 11/09/2023 ‘Mis PARAMOUNT COMMUNICATIONS LIMITED-NEW, DELHI C-125, NARAINA INDL AREA PHASE-1, NEW DELHI, Delhi + India, 110028 Sub: Letter OF Acceptance Ret Tender No, $6231091 closing date 24-04-2023 10:30 for PVC Signalling Cable 120 1.5 Sqm 2 Your bie 10 15094921 dated 24/04/2023 01:43 submitted by M/s PARAMOUNT COMMUNICATIONS LIMITED-NEW DELHI ‘Your offer under reference has been considered by the competent authority and it has been decided to place order on you as per the following details:- Rate Details [56509959 - [Goods, PVG Insulated, Armoured, Unseresned, Underground Railway Signalling Cable Copper conductor Conforming to RDSO Specn. No. [Regular IRS: S-63/2014 (Rev4.0) or latest: Size : 12 Core x 1.5 Sqm. Basic Rate- Rs.194674.60, Uncond. Discount= 0.00%, Pkg Charges Re0.00, ED Ni, Forwarding- Rs.0.00 ‘By .CMM(GSO)HUBLI] 198.00 GST GST Extra 18.00%, Freight Charges= Sw Kilometre __|Rs.5225.00 Delivery Period [Description Delivery / Completion [Non-Severable] [Rate of Supply [Commencement : Within 45 Days of issue ForAllttems! J ¢Contract, Completion : Within 45 Days [Groupe thereafter Inspection tem Code Inspection Agency 36509959, TPT Agency, C-125, NARATNA INDL AREA NEW DELHI Warranty Period tam Code Warranty Period 56509959 130. Months after the Gate of delivery Other ‘Terms & Conditions FOR. Destination TA]. For No-Stock item : 100% payment aller receipt and Payment Terms | acceptance of material by Consignee, [B]. For Stock item : 100 % payment against Receipt Note ‘Security Money [NA ‘Mode of Despatch [By Road The purchaser shall be entitled to vary the order quantity upto +30 anytime within the delivery period (including extended delivery period) on the same terms and conditions. The purchaser shall be entitled to exercise plus 30 % option in one or more than one instalment as long as the total variation in quantity does not exceed the limit of 30%, Please refer Para 21 of Section II ~ Genera Conditions of Tenders stipulated in the tender conditions booklet attached as an accompaniment to this tender. Option clause hitps:lwwiireps.govnvepsnisuppylisipublishL OALetterdo7Actor 7259408letterld=2003808. 105979605a\ald=17259408lettrld=e 189191/23, 3226 PM ——_ireps.govin/epsnisupply/idspublishl OALetter. do7Acti Statutory Variation clause ‘axes and duties, or fresh imposition of taxes by State! Central Governments in respect of the items stipulated in the contract (and not the raw materials thereof), within the original delivery period stipulated in the contract, oF last unconditionally extended delivery period shall be to. Railways! account. Only such variation shall be admissible which takes place after the submission of bid, No claim on account of statutory variation in respect of existing taxiduty will be accepted unless the Jenderer tas clearly indicated in his offer the rate of tax/duty| considered in his quoted rate. No claim on account of statutory Variation shall be admissible on account of misclasifiation by the supplier! contractor Price Variation Clause Brief Description :PVC Signalling Cable ; Size : 12C x 1.5 Sqamm. Price Variation Formula P= PO + CUP (CU-CU0) + CCECU (PVCC-PVCCO) + FEF (FE- FEO); P= PO + 0.157 (CU-CUO) +0.277 (PYCC-PVCCO) = 0.289 (FE-FEO); Where, P = Price payable per KM as adjusted in accardance with PVC. Po -Price per KM of cable as per Purchase Order. CuF= Variation factor of Copper. CCFCu~ Variation factor| for PVC compound. FeF= Variation factor for Steel. Cu, PVCC & Fe are the prices of raw materials as applicable on first working day of the mont, one month prir to the dat of offering the material for| inspection, Prices of the raw materials ic. Cu, PVCC and Fe should be those published by IEEMA, Firms are advised to quote their rates based on following base rates of the raw materials. Cuo = Price of| Copper Wire Rod ie. Rs. 7,98,103/- per MT. PVCco = Price of PVC Compound Grade CW-22 is Rs. 1,54075/- per MT. Feo ~ Price of| Steel for Armouring (Flat 4 mm x 0.8 mm) i.e. Rs, 79,500! per MT, The above rates are the basic prices of raw materials as per IEEMA circular (published on 06.02.2023)which are prevailing as on Ist working day of the month of JANUARY 2023.The price of inputs Payable shall be subject to the adjustment upor down in accordance with IEEMA formula.The prices of Cu, PVCC, and Fe are as applicable on frst working day of the month, one month prior to the date of call letter of inspection duly acknowledged by the inspection Agency (RDSOMRITES/DON) shall be considered for computing price variation, In case date of call leter for inspection duly acknowledged by inspection Ageney is not available, the reference date shall be one month prior to date of inspection. The date of| Inspection shall be the date of inspection certificate issued by the inspection agency (in other words LC, date) for the purpose of| applicability of PVC. The date of actual delivery at destination Would be treated as date of delivery. Variation up or down taking ace win sisted orga delve pend wil bet SWR ‘account For Variation beyond the original delivery period, upward| ‘eriaion wil be t fins account und bene tof downward variation if any shall be passed to S.W. Railway without preference to any time limit, In other words, for PVC payment in the cases winere supply is made in the extended period of DP (with or without LD), PV as applicable on the terminal date ofthe original DP is payable unless the PV price has decreased afte terminal date of the original DP, in which ease, the decreased rate will be applicable. (Authority Rly. Bd.2s letter No. 87/RS(G)/779/9 Dt. 21.11.2013), Warranty clause Warranty should be as per the Specification of the item. If] specification docs not provide any warranty condition then it will be as por IRS conditions of the contract. hitps:llwwirps.govnfepsnisupplyfis/publishL OAL etter do?Acton=ViewPublishedL etterSlOld=1059796058Kdl Railway Standard Fall Clause, as per the following, shall be applicable, this being a Rate Contact. (i). The price charged for the sores supplied under the Contract by the contractor shall in no event exceed the lowest price at which the contractor sells the stares or offer to sell slores of identical description to any persons/organizations including the purchaser or any Department of| Central Government or any Railway Office or any Railway undertaking, as the case may be, during curreney of the contract. ‘The lower price will be applicable to supplies made after the date of| coming into force of such reduction or sale or offer to sell at a reduced rate, (i) I'at any time during the said period the contractr| reduces the sale price, sells or offers to sell such stores to any persons, organizations including the purchaser or any Department of| Central Goverment or any Railway Office of any Railway Undertaking as the case may be at a price lower than the price chargeable under the contract, they shall forthwith notify: such reduction or sale or offer of Sale to the purchaser and the price payable under the contract for the stores supplied after the date of| 7259408letterk 2003898, /enPublshed!alterSni0ld=1059796058tdld=17259408laterId=8 289111/23, 3226 PM —_ireps.gov.n/epsnisupoly/ids/publishL OALetter.do7Acti coming into force of such reduction or sale or offer of sale, shall stand correspondingly reduced, (i). The Contractor shall furnish the following certificate to the concemed Consignee’Bill Passing Officer & Accounts Officer along with each bill for payment of| supplies made against the contract. WWe certify that there has been no reduction in sale price ofthe stores of description identical to the sores supplied to the Government under the contract herein and such stores have not been offered / sold by me/us to any person / organization including the purchaser or any Department of Central Government or any Railway Office or any Railway Undertaking as the ease may be, up 10 the date of bill ata price lower than the price charged to the Govemnment under the contract Railway Standard Fall Clause, as per the following, shall be applicable, this being a Rate Contract. (). The price charged for the stores supplied under| the Contract by the contractor shall in no event exceed the lowest price at which the contractor sels the stores or offer to sell stores of| Identical description 10 any persons/organizations including the purchaser or any Department of Central Government or any Railway Office or any Railway undertaking, as the ease may be, during currency of the contract. The lower price will be applicable 10 supplies made after the date of coming into force of such reduction or sale or offer to sell at a reduced rate. (i) I'at any time during the said period the contractor reduces the sale price, sells or offers to sell such slores to any persons, organizations including. the purchaser or any Department of Central Government or any Railway Office or any Railway Undertaking as the case may be at @ price ower than the price chargeable under the coniract, they shall forthwith notify such reduction or sale or offer of sale to the purchaser and the price payable under the contract for the stores supplied after the date of coming into force of such reduction or sale or offer of sale, shall stand correspondingly reduced. (ii).The Contractor shall furnish the following certificate to the eoncemed| Consignee/ill Passing Officer & Accounts Officer along with each bill for payment of supplies made against the contract, U/We certify that there has been no reduction in sale price of the stores of| description identical to the stores supplied tothe Government under| the contract herein and such stores have not been offered / sold by me/us to any person / organization including the purchaser or any Department of Central Government or any Railway Office ot any Railway Undertaking as the case may be, up to the date of bill, ata price lower than the price charged to the Government under the lure Consiq Failure consequences : In ease firm fails to execute the supplies as per the contractual terms and conditions of the PO, the Purchaser| reserves the ight to cancel the PO with forfeiture of SD or levy of| General Damages @ 10% value of the unsupplied quantity by adjusting SD if any and recovery of the balance GD amount. The Purchaser may also go for Risk Purchase at the risk & cost of the defaulting firm, However, where Risk Purchase is not tenable or| could not be made afer breach of Contract, 10% GD may be imposed while rescinding the contract. Standard Governing [Conditions IRS Conditions of Contract: The contract shall be governed by latest version (along with all cortection slips) of IRS conditions of| contract, and all other terms and conditions incorporated in the tender documents [Purchase Value Rs, 46704582.54 This concludes the contract. Formal Purchase Order wil follow. ‘cMM/oN/BNC Digitally Signed View Signature Details hitps:lww irs. gov invepsnisupplyfis/publishL OAL etter do?Acton=ViewPublishedL etterSlOld=1059796058tdh 2003898, /enPublshed!alterSnit0ld=1059796058tdld=17259408laterid=8 33