MULTI PRODUCT Department : Proposal

TENDERING OFFER 23268/A/IX/R0 R0

Prepared by : ARD

Cust. Ref Based on Email September 8, 2023

Date 14-Sep-23

QUOTATION

PROJECT
TRANSFORMATOR 2000 KVA

CUSTOMER
PT JAKARTA CAKRATUNGGAL STEEL MILLS

Attention
Mrs. Yanthi Lesmana

CONTENTS

COMMERCIAL OFFER - SPESIFIC CONDITIONS

GENERAL CONDITION OF SALE

BREAKDOWN PRICE

Proposal Sales

On Behalf of
Mr. Andhyka H.K Mr. Rachmad Buyung N
 MULTI PRODUCT Department : Proposal

TENDERING OFFER 23268/A/IX/R0 R0

Prepared by : ARD

Cust. Ref Based on Email September 8, 2023

Date 14-Sep-23

COMMERCIAL OFFER SPECIFIC CONDITIONS

1. SCOPE OF SUPPLY
This offer consists of LV Switchgear according to the attached Bill of Quantity and the technical part that complement one another.

2. PRICE: R0.2
● Option 01 Total Material Rp 2,455,762,000
Total Service Rp 352,927,000
Grand Total Rp 2,808,689,000

● Option 02 Total Material Rp 2,525,460,000

Total Service Rp 364,327,000
Grand Total Rp 2,889,787,000

● Option 03 Total Material Rp 2,083,791,000

Total Service Rp 264,247,000
Grand Total Rp 2,348,038,000

Our prices are :

● In IDR currency
● DPP to Jakarta Factory
● FAT (Factory Acceptance Test) at PT. Powertek Indo Asia - Cikarang
● Excluding 11% VAT.
● Packing : Full Wooden with plastic wrapping
● Firm within the validity and delivery periods as defined hereunder.
● Included Commissioning Installation LVMDP 4 Mandays
● Included Commissioning Installation MV Panel 4 Mandays
● Included Commissioning Installation Trafo 2 Mandays
● Included Commissioning Installation Cable
● Excluded SERTIFIKAT LAYAK OPERASI (SLO)" and K3 listrik
● Permit and Unofficial Cost, Costumer Responsible

3. PAYMENT CONDITIONS

Payment conditions of Material:

● 30 % of total amount of materials by bank transfer.
● 70 % Material On Site , by SKBDN (usance 30 days) recieved maximum 2 months after sign off the contract and Counter by bank Guarantiee
5% for 6 months (Partial delivery of material and payment is allowed).
● Settlement of invoices shall not be linked to any payment due to by Purchaser a third party (public or private).
● For any delay in payment, service charges for account handling shall be claimed by PT. Powertek Indo Asia and paid by Purchaser at a rate of 1,0
% per month of delayed

Payment conditions of Serivce:

● 30 % of total amount of services
● 30 % by Progress 50%
● 30 % by Progress 90%
● 10% after commisioning and test or 1 months afer installation finish

4. VALIDITY PERIOD
This offer is valid for 30 days From Quotation date

5. DELIVERY PERIOD
The equipment will be ready for DPP to Jakarta, delivery 3.5 month from the date of coming into force.
After received PO, DP and Approval Material/drawing.
● 3 Months LVMDP and MV Panel
● 2 Months Transformer
● 2-3 Months MV Cables

6. GENERAL SALES CONDITIONS

Our attached General Sales Conditions form an integral part of this offer.
They shall apply unless otherwise superseded by above specific conditions.
 MULTI PRODUCT Department : Proposal

TENDERING OFFER 23268/A/IX/R0 R0

Prepared by : ARD

Cust. Ref Based on Email September 8, 2023

Date 14-Sep-23

GENERAL CONDITIONS OF SALE

1. GENERAL

These conditions apply whatever the purchaser's general purchasing conditions may be. Any departure from the conditions, stipulated in the order
will only be considered as accepted once our written consent has been accorded. The sales contract is considered as final only after our definite
acknowledgment of the order.
2. CANCELLATION AND ADDITION

In the event that Buyer determines to vary the contracted scope of works by adding or reducing quantities of panels, the following table of
indicative unit rates based upon % of the unit prices quoted above will be applied. These rates are based upon the intent to maintain the contracted
delivery dates, assuming accelerated delivery of required components and/or new preparation/modification of engineering documentation. If
however the change cannot be accommodated within the agreed delivery period, PT Powertek Indo Asia reserves the right to decline the variation
or negotiate a new delivery period

Time after official confirmation of Progress Status Cancellation Addition

After confirmation of order, 0% 0%
1 - 2 Weeks before primary drawings for
approval are issued
Primary Design has been -5% +5%
3 - 5 weeks approved, purchase order for
major components not yet
Purchase orders for major -65% +35%
components and parts have been
released, in some cases already
6 - 8 weeks
dispatched (need for acceleration
activities, incl. vendors/freight to
allow delivery to be maintained)
Changes after this can no longer be accommodated within the contractual delivery period. Need for contractual
delivery date to be varied and delivery split.

3. SUBJECT AND LIMIT OF THE OFFER

The conditions of this offer apply exclusively to supply of equipment specified in the offer, and are not binding for additional supplies. The
purchaser will in nocase be allowed to put forward standards,specifications,statutes,rules and uses not duly accepted by us.

4. COMING INTO FORCE OF CONTRACT

The contract will be considered effective when the following conditions are fulfilled:
● Signature of the contract by two parties or acknowledgment by us of Purchase Order.
● Receipt of down payment.
● Completed Drawing Approval
● Receipt of L/C (SKBDN usance 30 days) covering the balance of the total equipment supply amount by us as per agreed terms.
The SKBDN must received maximum 2 (Two ) months after sign off the contract.
● Should these conditions not be fulfilled within 30 days after the Contract has been awarded, we are entitled to
renegotiate the terms

5. VALIDITY

This offer is valid for the period specified in the Specific Conditions.

6. PRICES

Prices indicated in the Price Schedule are firm within the validity period.
 MULTI PRODUCT Department : Proposal

TENDERING OFFER 23268/A/IX/R0 R0

Prepared by : ARD

Cust. Ref Based on Email September 8, 2023

Date 14-Sep-23

7. INSPECTION - TEST

Type tests will not be performed. When required, type test certificates from similar equipment will be provided. Routine tests are always
undertaken on the equipment in our/subsidiary factories. Some of these routine tests may be repeated during inspection at purchaser’s request. We
will notify the purchaser in writing seven (7) calendar days before the date set for inspection. Should the purchaser or his representative
fail to take inspection within a seven (7) day period from the date for inspection, the equipment will be considered as duly accepted and
we will be entitled to proceed with packing and delivery. In any case should the inspection be delayed for reasons outside our control, or the
duration of the inspection exceed 2 days, or technical modifications be directed, then the delivery period will be extended accordingly.
Necessary facilities for performing the inspection (test equipment and personnel) will bemade available byus exclusive of the expenses incurred by
purchaser’s representatives.

8. PACKING

Unless otherwise specified packing is made in accordance with our experience and practices. Only packing made by us in such conditions can
involve our responsibility. Packing is non-reuseable.

9. DELIVERY
9.1 DELIVERY CONDITIONS

The delivery conditions stated in our offer are to be in accordance with the Incoterms of the International Chamber of Commerce. From the
moment when the goods are delivered at the place agreed upon, we decline all liabilities on our part in the event of loss, robbery or damage
to the goods. Unless otherwise agreed we reserve the right to dispatch our goods in the event of loss, robbery or damage to the goods.
Unless otherwise agreed we reserve the right to dispatchour goods in partial deliveries.

9.2 VARIATIONS AND MODIFICATIONS

Should during the execution of the contract, we be directed by notice in writing to alter, amend, omit or remove any part of the specification,
technical data or drawings, a corresponding increase or decrease in the contractual price will be determined and the modification will be
executed after the receipt of a variation order. Due account shall be taken of any partial execution of the contract which is rendered
useless by any such variations. Furthermore an extension of time will be granted to us. If required a manufacturing time schedule including
deadlines, after which modifications shall affect the final delivery date, will be established by us after coming into force of contract

10. FORCE MAJEURE

Our responsibility could not be involved in the event of delays in delivery due to "force majeure" or fortuitous circumstances beyond our
control; such as wars, disease, requisitions, strikes, fires, floods, cataclysms, interruptions, or delays in the transport, or supply of raw materials,
power, etc..

11. PAYMENT

Payment shall be made in Indonesian Rupiah, nett without any additional discount, in accordance with the stipulated terms of payment.

12. RETAINED PROPERTY

It is understood that the property of the goods covered by the contractor will not be transferred to the purchaser until complete payment of the
amount agreed upon.
 MULTI PRODUCT Department : Proposal

TENDERING OFFER 23268/A/IX/R0 R0

Prepared by : ARD

Cust. Ref Based on Email September 8, 2023

Date 14-Sep-23

13. GUARANTEE

Our goods are guaranteed for a period of eighteen (18) months from the delivery date or 12 months from the date of commissioning whichever
comes earlier against any defects in construction or operation arising from faulty design, materials or workmanship. Our guarantee does not apply
in the following cases:

● Defects arising either from materials supplied by the purchaser or from a design requested by the purchaser.
● Replacements or repairs resulting from normal wear of units and machinery, damages or injuries caused by lack of care, insufficient,
inspection or maintenance, or improper use of the goods

● Failure attributed to fortuitous circumstances or force majeure. The guarantee consists in repairing, modifying or replacing the parts or units
recognized as defective, within the shortest time and at our expenses inclusive of parts and labour. Our liability is limited to the obligations thus
defined and we could not be bound to pay compensation to the purchaser for incurred prejudices such as personal injury, damage to goods
other than those stipulated in the contract or loss of profit. The guarantee legally cease if the purchaser has, under his own initiative,
undertaken modifications or repairs on our goods without our explicit consent.

14. CONFIDENTIALITY

● The studies, drawings and documents submitted to the purchaser remain our property and are confidential, and the purchaser may neither
make use of them for any purpose other than stipulated in the contract nor, consciously or not, transmit them to third party, and it bind himself to
take relevant action to comply with this.

● Should the sale not be settled, the studies and documents submitted with this tender must be handed back to us at request, within the
fortnight following the limit of validity of the offer.

15. DISPUTES & LAW

The disputes, if any, which could not be settled by mutual agreement shall be finally settled under the Rules of Conciliation and Arbitration of
the Chamber of Commerce by one or more arbitrators appointed in accordance with the rules. The present offer and the relevant contract
shall be construed and governed according to the Indonesian Law.

16. DIRECT OR INDIRECT LIABILITY:

We cannot be held responsible for any indirect costs, such as Loss of Profit, Opportunity costs, Lack of production, due to any damage or incident.

17. DOCUMENTS APPROVAL

When the documents are submitted for approval to the purchaser, he shall notify his approval or his comments within 15 (fifteen) days from the
submission date, otherwise delivery schedule will be extended accordingly.

18. DELAYS & TERMINATION

If we are prevented from execution of the project due to reasons beyond our control, we shall have the right to terminate the contract upon written
notice of 7 (seven) days. In such a case we shall be entitled to receive all costs incurred upto the date of termination plus an attributable portion of
the overheads.

19. CONTACT PERSON

For sales information please contact Mr. Rachmad Buyung N, Mobile: +62 816-1113-303
email address: rachmad.buyung@powertek-indoasia.com
 BREAKDOWN PRICE

Cust. Ref : Based on Email September 8, 2023

Ref Quote : 23268/A/IX/R0
Date : 14-Sep-23
Project : TRANSFORMATOR 2000 KVA
Customer : PT JAKARTA CAKRATUNGGAL STEEL MILLS
Attn : Mrs. Yanthi Lesmana
Email : yanthi.lemana@cakrasteel.co.id

Description Unit price Total Price

No Qty Unit
(Option 1) IDR (Rupiah) IDR (Rupiah)

LIST OF MATERIAL
1 LVMDP 1 Set 347,300,000 347,300,000

2 12kV Switchgear, 25kA/3s, 50Hz 1 Set 346,900,000 346,900,000

Tranformer 11kV / 0.4kV, 2000kVA, ONAN, Dyn5, Hermetically

3 1 Unit 610,500,000 610,500,000
Sealed

4 Cable and Accessories 1 Set 778,860,000 778,860,000

5 Cable Ladder 1 Set 372,202,000 372,202,000

LIST OF SERVICE
6 Grounding 1 Set 16,562,000 16,562,000

7 Cable Instalation 1 Set 273,687,000 273,687,000

8 Test and Commissioning 1 Lot 62,678,000 62,678,000

Total IDR 2,808,689,000

VAT 11% IDR 308,955,790
Grand Total IDR 3,117,644,790

Description Unit price Total Price

No Qty Unit
(Option 2) IDR (Rupiah) IDR (Rupiah)

LIST OF MATERIAL
1 LVMDP 1 Set 347,300,000 347,300,000

2 12kV Switchgear, 25kA/3s, 50Hz 1 Set 346,900,000 346,900,000

Tranformer 11kV / 0.4kV, 2000kVA, ONAN, Dyn5, Hermetically

3 1 Unit 610,500,000 610,500,000
Sealed

4 Cable and Accessories 1 Set 829,860,000 829,860,000

5 Cable Ladder 1 Set 390,900,000 390,900,000

LIST OF SERVICE
6 Grounding 1 Set 16,562,000 16,562,000

7 Cable Instalation 1 Set 285,087,000 285,087,000

8 Test and Commissioning 1 Lot 62,678,000 62,678,000

Total IDR 2,889,787,000

VAT 11% IDR 317,876,570
Grand Total IDR 3,207,663,570
 BREAKDOWN PRICE

Cust. Ref : Based on Email September 8, 2023

Ref Quote : 23268/A/IX/R0
Date : 14-Sep-23
Project : TRANSFORMATOR 2000 KVA
Customer : PT JAKARTA CAKRATUNGGAL STEEL MILLS
Attn : Mrs. Yanthi Lesmana
Email : yanthi.lemana@cakrasteel.co.id

Description Unit price Total Price

No Qty Unit
(Option 3) IDR (Rupiah) IDR (Rupiah)

LIST OF MATERIAL
1 LVMDP 1 Set 347,300,000 347,300,000

2 12kV Switchgear, 25kA/3s, 50Hz 1 Set 346,900,000 346,900,000

Tranformer 11kV / 0.4kV, 2000kVA, ONAN, Dyn5, Hermetically

3 1 Unit 610,500,000 610,500,000
Sealed

4 Cable and Accessories 1 Set 676,860,000 676,860,000

5 Cable Ladder 1 Set 102,231,000 102,231,000

LIST OF SERVICE
6 Grounding 1 Set 16,562,000 16,562,000

7 Cable Instalasi 1 Set 185,007,000 185,007,000

8 Test and Commissioning 1 Lot 62,678,000 62,678,000

Total IDR 2,348,038,000

VAT 11% IDR 258,284,180
Grand Total IDR 2,606,322,180