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INDIA GOVERNMENT MINT, NOIDA A UNIT OF

SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED (SPMCIL)

WHOLLY OWNED BY GOVERNMENT OF INDIA( A MINIRATNA CATEGORY – I CPSE)

GLOBAL TENDER NO.NM220/I/02/2011-PUR

DATED 20-10-2010 FOR SUPPLY OF 6168 MT (800 Million Pieces) of RS. 10/-

BI- METALLIC COMPOSITE COIN BLANKS

INDIA GOVERNMENT MINTD-2, SECTOR-1

NOIDA INDIA

TEL NO : 0120-2520563/2533504FAX NO : 0120-2537609

e-mail : [email protected]

website : www.mintnoida.org www.spmcil.com

http://www.mintnoida.org/

NOTICE INVITING GLOBAL TENDER FOR SUPPLY OF RS.10 BI-METALLIC COMPOSITE COIN BLANKS.

CONTENTS:

SECTION – 1 : NOTICE INVITING GLOBAL TENDER

SECTION – II : COVERING LETTER

SECTION – III : SUBMISSION OF TENDERS

SECTION –IV : INSTRUCTIONS TO TENDERERS

SECTION – V : TERMS AND CONDITIONS

SECTION – VI : TECHNICAL SPECIFICATIONS

ANNEXURE – I : Format for Price Bid

ANNEXURE – II : Proforma for Bank Guarantee

ANNEXURE – III : Proforma for capacity, equipment and past performance

ANNEXURE – IV : Format for Inspection Certificate

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SECTION -1 NOTICE OF GLOBAL TENDER

No. NM/220/I/2/2011-PurINDIA GOVERNMENT MINT

(A Unit of Security Printing & Minting Corporation of India Limited)(Wholly owned by Government of India)

(A Mini Ratna Category – I CPSE) D-2, SECTOR-1, NOIDA-201301 (U.P.)

Phone : 0120-2520563/2533504 Fax No.0120-2537609 E-mail :[email protected]/purchase@ mintnoida.org Website : www.mintnoida.org, www.spmcil.com --------------------------------------------------------------------------------------------------------------------------- No. NM/220/I/2/2010-Pur Date 20.10. 2010

GLOBAL TENDER NOTICE

The General Manager, India Government Mint, Noida (U.P.), (A Unit of Security

Printing & Minting Corporation of India Limited), INDIA invites sealed tenders in two parts i.e.

one part containing Techno-Commercial bid and the second part containing the price bid, in

separate sealed covers from reputed manufacturers for supply of 6168 MT (800 million

pieces approximately) of Rs.10/- Bi- Metallic Composite Coin Blanks. Provision for an

optional clause has also been kept for additional quantity of 25% of coin blanks at the

discretion of purchaser.

Description Quantity EMD amount to

accept tender.

Time for

completion of

supply

Last date and

time for receipt

of duly filled

and sealed

Tenders.

Due date and time

for opening of

Techno-commercial

bids.

Rs. 10/- Bi-Metallic Composite Coin Blanks as per tender specification

6168 MT (800 Million Pieces approx.)

Rs.4,76,94,000/- (Rupees Four Crores Seventy Six Lakh and Ninety four Thousand only)

10 months from the date of agreement or from the date of clearance of pre-production sample for manufacturer supplying first time to the Mint.

06-12-2010 up to 1500 Hrs.

06-12-2010 at 1530 hrs.

The prescribed tenders document showing detailed specifications and terms &

conditions of the above can be downloaded form our website www.mintnoida.org/

www.spmcil.com A tender fee of Rs.15000/- (Rupees Fifteen Thousand only) or USD 326/- (US

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http://www.mintnoida.org/%20www.spmcil.com

http://www.mintnoida.org/%20www.spmcil.com

http://www.mintnoida.org/

Dollar Three Hundred Twenty Six only) (non-refundable) must be submitted along-with tender

by way of DD drawn on any scheduled Commercial Bank in favour of the General Manager,

India Government Mint, Noida, without which the tender will not be accepted in any case.

Tender documents cost is inclusive of service tax and applicable cess. The tender documents

can also be obtained from the office of India Govt. Mint, Noida, on payment of Rs. Rs.15000/-

(Rupees Fifteen Thousand only) or USD 326/- (US Dollar Three Hundred Twenty Six only)

(non-refundable) by Demand Draft in favour of General Manager, India Govt. Mint, Noida.

Tender Documents will be issued till 03-12-2010 up to 1500 hours.

TENDER CONDITIONS :

1. Tenders are invited from Manufacturers having 5 (five) years overall experience in supply of Non-ferrous/Ferrous coin blanks, having records of successful completion of delivery of Non-ferrous/Ferrous coin blanks of 400 million pcs. during any of the preceding five years. The annual turn over of the firm should be Rs.143 crores in last five years.

2. The tenderer should offer at least minimum quantity of 25% of the total tender quantity.

3. Quotations should be valid for 270 days from the date of opening of Techno-

Commercial Bids and may have to be extended further if considered necessary by

General Manager, India Government Mint, Noida. No reasons will be assigned for

extension and no withdrawal shall be allowed.

4. The sale of tender documents will be done till 03-12-2010 upto 1500 hrs. and Mint will

not extend the date of opening to facilitate late buyers and it will be at their own risk.

5. No Telex/ fax/ Telegram/ E-mail of the Techno-Commercial and Price bids will be

accepted. India Government Mint, Noida is not responsible for Postal/ Courier delays.

The parties have to ensure submission of completed bids well in time.

6. If the date of tender submission and opening happens to be unforeseen holiday, the

same will be postponed to the next working day without any further intimation.

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7. The tender document is non -transferable and only the firm to whom the tender is

sold may submit quotations.

8. The General Manager, India Government Mint, Noida reserves the right to accept or

reject any or all tenders wholly or in part or split without assigning any reason. The

General Manager also reserves the right to increase or decrease the quantity

proposed to be purchased.

9. A pre-bid conference will be held on 15-11-2010 at 3.30. p.m. in the office of India

Government Mint, Noida. The queries of pre-bid must reach to General Manager,

India Govt. Mint, Noida by 11-11-2010.

10. Purchase preference policy allowing 10% preference to Central Public Sector

Undertakings has been terminated with effect from 31.3.2008 in terms of the Govt. of

India, Department of Public Enterprises Office Memorandum No. DPE/13(15)/2007-

Fin dated 21.11.2007. Benefits to SSI units registered with NSIC as admissible

under the existing policies of Government of India and as intimated by SPMCIL will

be given, if applicable.

11. Offers received from any bidder shall be summarily rejected on National Security

consideration without any intimation to the bidder.

12. All rules, regulations, orders and instructions issued by the SPMCIL from time to time

relating to procurement as intended by this tender shall be applicable.

GENERAL MANAGER INDIA GOVT. MINT, NOIDA

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SECTION II : COVERING LETTER

REGD OFFICE : INDIA GOVERNMENT MINT, (A UNIT OF SECURITY PRINTING & MINTING CORPORATION of INDIA Ltd.) WHOLLY OWNED BY GOVT. OF INDIA D-2, SECTOR-1, NOIDA (U.P.) PIN CODE : 201 301

INDIA

FROM : GENERAL MANAGER, INDIA GOVERNMENT MINT, D-2, SECTOR-1,NOIDA-201 301 (U.P.)INDIA

TELEPHONE : +91 120 2533504/2520563FAX : +91 120 2537609

Tender Notice No. NM/220/I/2/2011-Pur Date 20-10-2010

INVITATION TO TENDER

Description of the goods : Rs. 10/- Bi- Metallic Composite Coin Blanks as per the Technical Specifications –Section-VI,

Scope of Tender : Supply of bimetallic composite coin blanks as perour terms and condition and as mentioned in the attached technical specifications.

Quantity to be supplied : 6168 MT (Approx 800 MPCS).

Reference (Tender Notice No.) : NM/220/I/2/2011-Pur dt. 20-10-2010 (To be indicated on the sealed covers)

Last date & time for receipt of tender: 06-12--2010 up to 1500 Hrs.

Date & time of opening of tender : 06-12-2010 at 1530 Hrs.

Time of completion : 10 months from the date of agreement or from the date of clearance of pre-production sample for manufacturer supplying first time to the Mint.

Schedule & delivery : As per technical specification and contract agreement with the Tenderer.

Earnest Money Deposit : Rs. 4,76,94,000/- (Rupees Four Crores Seventy six lakhs ninety four thousand only)

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Dear Sir,

1. I, General Manager, India Government Mint, Noida acting for and on behalf of the

Chairman and Managing Director, Security Printing & Minting Corporation of India Limited

have pleasure in enclosing the following tender documents for the above work to enable

you to submit your binding offer :

A. Submission of Tender

B. Instructions to Tenderers

C. Terms and conditions

D. Technical specifications

E. Annexure.

F. Detail List of Plant & Machinery available for the coin- blanks

manufacturing (to be submitted by the tenderer as an annexure.)

2. Please note that Technical Tender, Commercial Tender and Price Bid for the supplies are

to be submitted in three separate sealed covers duly super scribed on the envelopes on

or before the due date of opening of tenders. Kindly note that price is not to be quoted in

the Techno- Commercial Bid. It should only be quoted in Price Bid. Non-adherence of this

will make your offer liable for rejection.

3. The envelope should be super scribed as "TENDER NO. NM/220/I/2/2011-Pur dated 20-10-2010 DUE FOR OPENING ON 06-12-2010 at 1530 hrs. FOR Rs. 10/- BI-

METALLIC COMPOSITE COIN BLANKS-TECHNO-COMMERCIAL/PRICE TENDER”.

Late tenders and tenders not on-prescribed forms, will not be accepted. Tenders by

Telex/Telegram/Tele- fax will not be accepted. Postal/Courier delay will not be condoned

and you have to ensure its delivery well in time.

In the Part I-A i.e., technical part, only technical specifications of Rs. 10/-

Bi- Metallic Composite Coin Blanks are to be given with EMD.

In the Part I-B i.e., Commercial part, only the commercial conditions are to

be given.

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In the Part II, i.e., price bid - only price should be quoted along with other

details. Foreign bidders are requested to quote their price in US Dollar.

4. Earnest Money Deposit or Bid Bond in the form of Bid Security for the amount as

indicated in tender notice is to be enclosed with the Technical tender; otherwise the

tender will not be considered and will be liable to be rejected during the initial opening of

the Bid. The bid security in form of Account Payee Demand Draft/ Fixed Deposit

Receipts/ Banker’s Cheque from any of the Nationalized Banks in India in an acceptable

form in favour of “General Manager, India Government Mint, Noida” payable at

Noida/Delhi, with a clear validity of 315 days from the date of opening of the techno-

commercial bid will be accepted. No Bank letters/ counter guarantee will be treated as

Earnest Money Deposit.

5. Pre-Bid Conference A pre-bid conference will be held on 15-11-2010 at 3.30. p.m. in

the office of India Government Mint, Noida. The queries of pre-bid must reach to

General Manager, India Govt. Mint, Noida by 11-11-2010.

6. The part 1 A, technical part (WITHOUT PRICES) and the part 1 B, commercial part

(WITHOUT PRICES) will be opened at the time and on the date given in the tender

notice, in the Office of the General Manager, India Government Mint, Noida in the

presence of the tenderers or their authorized representative who wish to be present. The

part II i.e. Price bids of the techno commercially suitable offers will be opened at a later

date duly intimating to the techno commercially suitable tenderer.

7. General Manager, India Government Mint, Noida, reserves the right to modify, enlarge on

the specifications or even cancel the tender 15 days before or after price bid opening and

such modification, enlargement, or cancellation will be intimated to the tenderers as and

when decided. The decision of the General Manager, India Government Mint, Noida, in

this regard will be final and no correspondence will be entertained.

Please acknowledge receipt of the tender document.

Yours faithfully,

Sd/- xxxx

GENERAL MANAGER INDIA GOVT. MINT

NOIDA9

SECTION- III: SUBMISSION OF TENDER

From

_______________________________

_______________________________

_______________________________

To:

The General Manager, India Government Mint,D-2, Sector-1,Noida– 201 301 Fax: 0120 - 2537609Tel: 0120 – 2533504/2520563

Subject : SUPPLY OF RS.10/- BI-METTALIC COMPOSITE COIN BLANKS AS PER YOUR TERMS AND CONDITIONS.

1. Having carefully examined all the documents attached to your invitation to tender No NM/220/I/2/2011-Pur dated 20-10-2010, we offer to supply Rs.10/- Bi- Metallic Composite Coin Blanks in conformity with all conditions stated in Invitation to Tender, Instructions to Tenderers, Terms and Conditions of the contract, Technical Specifications, Time Schedule for completion of supply and other documents and papers etc., as detailed in the tender documents.

2. We enclose herewith the Earnest Money Deposit of Rs 4,76,94,000/-( Rupees Four crore seventy six lakhs ninety four thousand only) in the form of Accounts payee demand draft/ fixed deposit receipt/bankers Cheque issued by a nationalized Bank in India or from a first class International Bank duly confirmed by State Bank of India (or any other Nationalized Bank of India) with a validity of 315 days from the date of opening of techno- commercial bide of the tender.

3. We certify that we have carefully read each and every condition and technical specification given in this tender documents and understood the same and we confirm our acceptance of the same.

4. We agree to abide by this tender initially for a period of 270 days from the last day fixed for the opening of tender by India Government Mint, Noida and it shall remain binding on us and supply order may be accepted at any time before the expiry of that period.

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5. We hereby undertake not to withdraw from this tender, during this period of 270 days (two hundred and seventy days). However, if we withdraw it, General Manager, India Government Mint, Noida acting for and on behalf of the Chairman and Managing Director, Security Printing & Minting Corporation of India Limited (hereinafter referred to as Purchaser) shall have right to invoke the Earnest Money Deposit /Tender Guarantee/Bid Bond/ Bid Security without reference to us.

6. Should this tender be accepted for which initial intimation will be given by Letter of Intent, by India Government Mint, Noida, we hereby agree to abide by and fulfil all terms and conditions of tender documents and in default thereof, I/We undertake indemnity to the Purchaser or its successors in the Office or authorized nominee to pay such sums of money as per "Risk Purchase" terms and conditions.

7. I/We also understand that, Letter of intent for all purposes will be formal binding contract for all terms and conditions stipulated in the tender documents and supplier have to abide by these terms and conditions.

8. We enclose herewith evidence/ records of our experience of manufacturing and delivery of bi-metallic composite coin blanks/coin- blanks.

9. I/We have also understood that, unless and until a formal CONTRACT is prepared and executed, the duly executed tender documents together with written acceptance thereof, by purchaser shall constitute a binding CONTRACT between India Government Mint, Noida and ourselves.

Dated this……………………………day of 2010

For and on behalf of

(With seal)

Signature: …………………………………………………

Name:

In the capacity of………………………………………….

Witness…………………………………………………….

Name in Block Letters…………………………………….

Address:……………………………………………………..

………………………………………………………………

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SECTION - IV: INSTRUCTIONS TO TENDERERS

1.0 One complete set of tender document shall be issued to each tenderer. All tenders shall be prepared by typing or printing with indelible black ink on white paper consequently page numbered in solid binding and each page signed along with duly filled formats given in Annexure.

2.0 All amendments/revisions to tender documents issued by the India Government Mint, Noida, if any, must be signed and submitted along with the tender. The tender submitted by the tenderer shall take into account all such amendments/revisions. The tenderers are advised to submit the tender strictly on the terms and conditions and specifications contained in the tender documents, and not to stipulate any deviations. If acceptance of the terms and conditions given in the tender document has any price implications, the same should be considered and included in the price part. India Government Mint, Noida reserves the right to reject tenders containing deviations to the terms and conditions and requirements stipulated in the tender documents. However, if the tenderer desires to deviate from the tender conditions, such deviations should be spelt separately and deviation list should be attached.

3.0 Tenders shall be prepared and submitted in DOUBLE SEALED ENVELOPE super scribed as "TENDER NO.NM/220/I/2/2011-PUR DATED 20-10-2010 due for opening on 06-12-2010 AT 1530 hrs for supply of Rs. 10/- BI-METALLIC COMPOSITE COIN BLANKS. Non-adherence to this condition may make your tender liable for rejection. The full name, postal address, telegraphic address and e-mail/ website/fax/telephone No. of the tenderer shall be written at the bottom left corner of the sealed envelope.

4.0 The tenders so submitted shall be in three sealed envelopes in three parts as follows. No Price Shall be mentioned in Part I-A and Part I-B.

4.1 PART I-A: TECHNICAL BID Containing un-priced tender consisting of complete technical package along with EMD, in one original and one duplicate copy shall be submitted duly signed and stamped. It should not have any commercial and price aspects.

4.2 PART I-B: COMMERCIAL BID Containing un-priced tender consisting of only commercial aspect of tender including all terms and conditions in one original and one duplicate copy shall be submitted duly signed and stamped. No price details to be given in this tender. Blank Price Bid format as submitted in Part II should also be enclosed.

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4.3 PART II: PRICE BID Prices should be indicated with detailed break up of price of each item along with unit rate as per price format Annexed, both in figures and words. One original and one duplicate copy shall be submitted duly signed and stamped. Foreign bidders should quote their price in US dollar.

5.0 Insertion, postscript, addition, deletion and alteration shall not be recognized unless confirmed by the tenderers signature. A list of such correction / overwriting should be enclosed duly signed and stamped.

6.0 The tenderer shall submit the Earnest Money/Bid Bond along with Part I – A (Technical) as per the Proforma enclosed; failing which tender will be rejected.

7.0 All the copies of tenders should be complete in all respect with all their attachments/enclosures.

8.0 The tenders such submitted will consist the following:

8.1 Earnest Money in the form of Account Payee Demand Draft/Fixed Deposit Receipts/Banker’s Cheque from any of the Nationalized banks in India.

8.2 Power of Attorney/authorization with the seal of company of person signing the tender documents

8.3 Detailed time schedule indicating various activities tenderer proposes to complete within the time of completion of work.

8.4 Duly filled in Annexure enclosed.

8.5 Details of supply of coin blanks carried out by the tenderer.

8.6 Any other technical information the tenderer wishes to furnish in support of their technical experience, workmanship and facilities at his disposal may be submitted and that he is financially in a position to fulfil contractual obligation offered to be undertaken by him. The tenderer shall also satisfy the purchaser that he is competent and legally authorized to submit the tender and/or enter into a legally binding contract with the purchaser.

9.0 Last date & time of receipt of tender

06-12- 2010 up to 1500 Hrs.

10.0 Date and place of opening of theTender

As indicated in the invitation of tender at the office of the General Manager, at India Government Mint, D-2, Sector -1, Noida – 201 301

11.0 Validity of the Tender Tender shall remain open for acceptance for a period of not less than 270 days from the date of

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opening of technical tender.

12.0 Description of Supply As indicated in invitation to tender read with technical specification, section VI.

13.0 India Government Mint, Noida reserve the right to short close the contract by giving 30 days notices, during the operation of agreement.

14.0 The tenderer is required to carefully examine the technical specifications and other details relating to supply given in the tender document and fully inform himself as to all conditions and matters, which may in any way effect the work or the cost thereof. The tenderer shall be deemed to have himself independently obtained all necessary information for the purpose of preparing the tender and his tender as accepted shall be deemed to have taken into account all contingencies as may arise due to such information or lack of the same.

15.0 CLARIFICATIONS: Clarifications if any can be obtained in person from purchaser with prior appointment. All clarifications or interpretation given during the above discussion shall form part of the specifications and documents shall accompany the tender which shall be submitted by the tenderer within time and date specified in the invitation to the tender. However, the above discussion will be held only to facilitate the tenderer and arranging or not arranging the discussion will in no way change the date of submission of tender.

16.0 PRICE: The basic prices per MT for Cost of production (conversion cost), packing charges, forwarding Charges, freight and any other charges shall remain firm and fixed during the entire period of operation of agreement but metal price shall be governed by the unknown average official LME Cash seller and settlement price for the Metals (Copper Grade A, Primary High Grade Aluminium, and Primary Nickel) during the month prior to the month of shipment for each consignment as per delivery schedule.

16.1 Foreign Supplier: The tenderer shall quote his price as per price schedule – Annexure-1, on CIF, named destination basis and shall include all charges towards packing, forwarding, freight and taxes up to CIF named destination, the tenderer should indicate the price for ocean freight and marine- transit insurance separately. Foreign bidders should quote their price in US dollar.

16.2 Indigenous Supplier: The prices shall be quoted with complete break-up of prices along with unit rate per MT as per format Annexure-1. Tenderer shall quote basic price, which include raw material prices, production cost (conversion cost), packing and forwarding etc. at Ex-works. Transit insurance and freight charges (door delivery Basis) are required to be quoted up to India Government Mints at Mumbai, Charlapally (Hyderabad), Kolkata and Noida.

16.3 TAXES AND DUTIES - (APPLICABLE FOR INDIGENOUS SUPPLIERS): The total quoted price for the supply shall also include Central excise duty, CST, Sales Tax/ VAT, Octroi and any other taxes and duties, as applicable. If tenderer fail to include taxes and duties in the tender, no claim thereof will be considered by the Purchaser afterwards.

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16.4 Income Tax in India, if applicable, shall be borne by the tenderer.

17.0 COMPLETION TIME: The completion time is the essence of the contract. The tenderer shall complete the supply within the period indicated in the invitation to tender/contact/agreement, from the date mentioned in the purchase order.

18.0 RECEIPT OF TENDER : Tender will be received at the office of

General Manager, India Government Mint, D-2, Sector -1, Noida – 201 301, INDIA

Note: Tender should be submitted at India Government Mint, D-2, Sector-1, Noida – 201 301. The tenderer has the option of sending the tender by registered post or submitting the tender in person, so as to reach the place of tender opening given in the invitation to the tender on or before the date and time set out for the same. Tender submitted by TELEX/FAX/TELEGRAM / E- Mail will not be accepted. If price revealed in Part I-A Technical tender and or in Part I -B Commercial tender, the tender is liable for rejection out rightly Postal delay will not be condoned, and the tenderer should ensure its submission well in time.

19.0 TENDER OPENING: The tender will be opened at the time and date set for opening of tenders in the presence of authorized representatives of the tenderers, who wish to attend the tender opening. If the principal wishes to attend, then he can bring one representative along with him who is well versed in English.

20.0 TRANSFER OF TENDER DOCUMENTS/TENDERS: Transfer of tender documents purchased by one tenderer to another is not permissible. Similarly transfer of tenders submitted by one tenderer to another is not permissible under any circumstances. The alteration of essence of tender once submitted is also not permissible. Manufacturer and agent of the firm both cannot submit the offer separately.

21.0 LANGUAGE: The tender shall be submitted in English language only.

22.0 EARNEST MONEY DEPOSIT in the form of Bid Security for the amount indicated in Tender notice is to be enclosed with the Technical tender; otherwise the tender will not be considered and will be liable to be rejected. The bid security in form of Account Payee Demand Draft, Fixed Deposit Receipts, Banker’s Cheque from any of the Scheduled Commercial Banks in India in an acceptable form will be accepted. No Bank letters/counter guarantee will be treated as Earnest Money Deposit. Bid Bond shall remain un-discharged for such period as may be specified for keeping the tender open. If the tenderer after submitting his tender resiles from his offer or modifies the Terms and Conditions thereof in a manner not acceptable to the Purchaser, the Bid Bond will be forfeited. Tenders not accompanied by Earnest Money Deposit will not be considered and summarily rejected.

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22.1 On non-acceptance of tender, but not earlier than the expiry date of the period for which the tender is kept open; the EMD/Bid Bond shall be discharged.

22.2 Should the invitation to tender be withdrawn or cancelled by the purchaser, which he shall have the right to do at any time without assigning any reason, bid bond will be discharged.

22.3 Should the successful tenderer fails or refuse to duly sign the contract within the period fixed by the purchaser or fails or refuses to furnish the 10% security deposit, the EMD shall be forfeited without prejudice to his being liable for any further loss or damage incurred in consequence by the purchaser. The EMD submitted and accepted as mentioned above shall be suitably extended, if such a necessity arises, by the successful tenderer till the date fixed by the purchaser for furnishing the security deposit.

23.0 NO CLAIM FOR COMPENSATION FOR SUBMISSION OF TENDER: The tenderer whose tender is not accepted shall not be entitled to claim any costs, charges and expenses of an incidental nature included by him through or in connection with his submission of tenders, even though the purchaser may elect to modify/withdraw the invitation to tender.

24.0 LOWEST TENDER NOT NECESSARILY TO BE ACCEPTED: The purchaser reserves the right to accept any tender if it is advantageous to the Government techno commercially and is not bound to accept the lowest alone and need not assign any reasons for non-acceptance.

25.0 TENDER EVALUATION: The tender found techno– commercially acceptable in all respects will qualify for evaluation to ascertain the best and lowest evaluated tender in the interest of the purchaser, for the complete supply ‘ON DOOR DELIVERY BASIS, India Government Mint, Noida’ as per terms and conditions of the tender document.

For the purpose of Price – bid evaluation following components of the cost shall be considered:-

Basic Price –Metal price, Cost of production (conversion cost), packing and forwarding, etc.

Taxes & Duties. Freight- up to India Government Mints at Mumbai,

Cherlapally(Hyderabad), Kolkata and Noida on door delivery basis. Insurance/ Maritime- Transit Insurance – as applicable up to India

Government Mints.

Thus Technical, commercial and Price- evaluation (only of techno-commercially qualified) of tenders will be the basis of offer for Letter of Intent and contract CONSIDERING THE COMPLETE SUPPLY.

25.1 DEFINITION AND MEANINGS: For the purpose of evaluation and comparison of the tenders the following meanings and definitions will apply.

25.2 TENDER PRICE shall mean the best price quoted by each tenderer in his proposal for his complete scope of work, CIF-named destination/door delivery

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price for complete Supply.

25.3 CONVERSION BASIS FOR TENDERS: For comparison of tenders the currency or currencies of tendered price will be converted into Indian National Rupees at the rate prevailing on the day of price bid opening in RBI website- exchange rate. The tenders could be re-evaluated at the exchange rates prevailing on the day of the decision of the award, if the period between tender opening and tender finalization exceeds three months.

25.4 First Techno- commercial Bid then price evaluation of tenders offered by the tenderers shall be basis for award of the contract.

25.5 IN CASE OF INDIGENOUS SUPPLIES the tenderer shall arrange necessary import license, if required.

25.6 IN CASE OF FOREIGN SUPPLIERS import license will be obtained if applicable in the name of the purchaser. The tenderer shall submit all relevant documents and furnish clarifications to India Government Mint, NOIDA.

26.0 REJECTION OF OFFER ON SECURITY GROUND: Offer received from any bidder shall be summarily rejected on national security consideration without any intimation thereof to the bidder.

27.0 NOTICE ON BEHALF OF PURCHASER: Notice and certificate on behalf of Purchaser in connection with the contract, may be given by duly authorized representatives of the Purchaser whose name shall have been previously communicated in writing to the suppliers.

28.0 Any modification, which may be necessary in the interim period, will be intimated to the tenderer as soon as possible.

29.0 Delivery terms shall be interpreted as per INCOTERMS 2000 as amended for foreign bidder and for Indian bidder as the date of door delivery.

30.0 No interest charges for delay in payments, if any, shall be payable by purchaser.

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SECTION V : TERMS AND CONDITIONS

1.0 DEFINITIONS unless otherwise required by the subject context the terms herein below shall have the following meanings.

1.1 PURCHASER means the Chairman and Managing Director, Security Printing & Minting Corporation of India Limited acting through General Manager, India Government Mint, D-2, Sector-1, Noida – 201 301, India.

1.2 TENDER DOCUMENT means all documents supplied to tenderer with a covering letter signed by the General Manager, India Government Mint, D-2, Sector-1, Noida – 201301 or his authorized representative against payment of Rs.15000/- or USD 326/- by Demand draft drawn on any Nationalised Bank in favour of General Manager, India Government Mint, Noida and include all the terms and conditions for supply of Rs. 10/- Bi-metallic Composite coin Blanks , issued by the purchaser in terms of clauses of instruction to tenderers. Last date for issue of tender document is 03-12-2010 up to 1500 hours.

1.3 SUPPLIER/CONTRACTOR means a successful tenderer with whom order is placed.

1.4 INDENTOR means the General Manager, India Government Mint, Noida an unit of SPMCIL wholly owned by Government of India.

1.5 CONSIGNMENT means as specified in technical specification Section VI.

1.6 SPECIFICATIONS means as per Section VI.

1.7 INSPECTOR shall mean Purchaser’s appointed persons including any person/ agency nominated by or on behalf of Purchaser to inspect the supplies, materials, stores and work under the contract in the supplier’s shop or his sub – suppliers shop.

1.8 TESTS shall mean and include all tests made without releasing the Supplier of his Contractual Obligations, as may be considered necessary by Purchaser in order to ascertain the quality and efficiency of the supplies as per stated term and conditions.

1.9 WORK, MATERIALS OR STORES shall mean and include any and all services, materials, components, supplies called for by the specification.

1.10 CONTRACT DOCUMENTS & DISCREPANCIES IN CONTRACT DOCUMENTS: The several documents included in the Contract are to be taken as mutually explanatory to one another. If there are any varying or conflicting provision in the documents forming part of the Contract, the matter shall be referred to Purchaser for clarification and the Purchaser shall be the sole deciding authority with regard to the correct provision according to the intent and meaning of the Contract and his decision in this respect shall be final and binding on the parties.

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1.11 LETTER OF INTENT means a written communication in the form of letter/fax/ for the acceptance of tender, which is confirmed by the supplier as accepted. It is to be honoured as contract till agreement/ formal contract is signed.

2.0 OPTIONAL ORDER Purchaser reserves the right to increase the quantity by 25% more with six month after the period of last supply as an option without prejudice to any other terms and conditions of this contract agreement including prices remaining unchanged.

2.1 SIGNING OF AGREEMENT/ CONTRACT On the tender being accepted by the purchaser, a formal contract/agreement will be signed and executed by and between the purchaser and successful tenderer within a time to be fixed by the purchaser. All travel, boarding and lodging expenses in connection with signing the contract in India in so for as the supplier is concerned shall be borne by the supplier himself.

2.2 ATHOURITRY OF PERSON SIGNING THE DOCUMENTS The person signing the contract or the purchase order or any other documents forming the part of the order on behalf of the supplier shall be deemed to warrant that he has the authority to bind the supplier. Any person, so signing, shall give satisfactory evidence of his authority.

2.3 RESPONSIBILITY FOR PERFORMANCE OF CONTRACT The supplier shall be entirely responsible for the due performance of the contract and completeness of the supplies in all respects according to the intent and meaning of the drawing, specifications and all other documents, delivery times and other terms and conditions of the Contract. Making payment shall not imply or construe a performance and it is without any prejudice to any terms and conditions whatsoever.

2.4 ASSIGNMENT OR TRANSFER OF CONTRACT The supplier shall not, without the prior written approval of the purchaser assign or transfer the contract or any part thereof, or any share or interest therein to any third party. Any sum of money which may become payable under the contract shall not be paid to any person other than the supplier unless prior written approval of the purchaser to the assignment or transfer of such money is given.

2.5 NOTWITHSTANDING any such approval of the purchaser, the supplier shall not be relieved of his liability and obligations under the contract or in any way affect the supplier’s direct responsibility to the purchaser nor shall it render the purchaser any way responsible to such assignment or transfers. The purchaser shall be free at all times and stages during the operation of agreement to assign of his duties, responsibilities and rights under the contract to any third party and the supplier shall accept such party.

2.6 SUB-CONTRACTING OF WORK: The contractor will not be allowed to assign and or transfer his/their obligation or benefit under the contract whether in full or in part to other agencies. However in extreme circumstances where sub-contracting of part of the work is unavoidable, prior written permission of General Manager, India Government Mint, NOIDA, shall be taken by the supplier.

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3.0 TERMS OF PAYMENT Subject to any deduction which the purchaser may be entitled to make under the contract/agreement, all payment to supplier for the supply of the full consignment would be made through Irrevocable Letter of Credit to be opened by the purchaser through any Scheduled Commercial Bank in India preferably HDFC Bank in favour of the supplier as follows for full consignment within 20 days of signing of contract:

3.1 FOR FOREIGN SUPPLIERS

3.1.0 Ninety percent (90%) of the supply price of the consignment will be made after the shipment of the supplies as per delivery schedule and on receipt of the following shipping documents against Irrevocable Letter of Credit.

3.1.1 Complete set of clean bill of lading to order and bank endorsed. Bill of lading must show that the goods have been actually shipped.

3.1.2 Signed commercial Invoices in quadruplicate. 3.1.3 Certificate of Country of Origin. 3.1.4 Four Copies of Packing List.

3.1.5 Inspection Certificate, if inspection has been waived then quality test certificates together with inspection waiver certificate (Four Copies).

3.1.6 Two sets of Non-negotiable dispatch documents, to be sent by reputed one-courier services to the purchaser immediately after dispatch.

3.1.7 Suppliers clearance certificate to the effect that (i) content in each case are not less than those entered in the invoice and packing list and the (ii) quality of goods are guaranteed as new and are as per relevant specifications (iii) documents of the materials are sent along with the stores to facilitate the customs clearance in India.

3.2.0 Ten percent (10%) of the supply price of the consignment will be made after the (a) Final acceptance Certificate of the deliveries as per delivery schedule with following documents against Irrevocable Letter of Credit,

3.2.1 Signed Commercial Invoices in quadruplicate.3.2.2 Demand or No-demand certificate issued by the Purchaser in

respect of the Liquidate damages in quadruplicate.3.2.3 Final Acceptance Certificate of the Consignment Issued by the

Purchaser in Quadruplicate

3.2 FOR INDIGENOUS SUPPLIER

3.2.0 Ninety percent (90%) payment through e-payment against receipt of the supplies as per delivery schedule at the India Government Mints at Mumbai, Cherlapally (Hyderabad), Kolkata and Noida in good condition will be made on receipt of goods on door delivery basis as per delivery schedule and on receipt of following documents.

3.2.1 Original commercial invoice duly signed (in quadruplicate). Inspection Certificate, if inspection has been waived then quality

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test certificates together with inspection waver certificate (Four Copies).

3.2.2 Suppliers clearance certificate to the effect that (i) content in each case are not less than those entered in the invoice and packing list and the (ii) quality of goods are guaranteed as new and are as per relevant specifications.

3.2.3 On receipt of verification, correctness of store issued by the Purchaser.

3.2.4 Payment of goods sold does not absolve the supplier from

responsibilities as enumerated in other terms and conditions and is without prejudice to other terms and conditions.

3.3.0 Balance Payment of ten percent (10 %) through e-payment will be made on receipt of the materials as per our specifications in acceptable condition at Noida Mint and on receipt of following documents :

3.3.1 Signed Commercial Invoices in quadruplicate.3.3.2 Demand or No-demand Certificate issued by the Purchaser in

respect of the Liquidate damages in quadruplicate.3.3.3 Final Acceptance Certificate of the Consignment Issued by the

Purchaser in Quadruplicate.

4 AGENCY COMMISSION

4.1 Employment of agents of Indian or Foreign Origin is discouraged. Tenderer to note that “No agency commission is payable”. In case any agency involved they should be registered with Director General of Supplies and Disposal, Ministry of Commerce, Government of India.

4.2 A copy of agency agreement should also be (mandatory) filed while bringing on record the agency arrangement and commission payable along with the quotation. The commission payable is only in Indian Rupees. In absence of the above, no agency commission of any kind shall be allowed and supplier shall certify that they have not paid any agency commission of any kind whatsoever. If it is found that the supplier has paid any agency commission or more than what has been indicated at (4.1) above, at a later date the Contract/ agreement will be cancelled and action will be taken for breach of Contract.

5. SECURITY DEPOSIT CUM PERFORMANCE GUARANTEE

On placement of Letter of Intent, the Supplier shall furnish Security Deposit-Cum-Performance guarantee in the form of Demand Draft or unconditional security deposit Bank Guarantee from a Scheduled Commercial Bank in India in favour of the General Manager, India Government Mint D-2, Sector-1, NOIDA – 201 301 for ten percent (10%) of the value of the full consignment within 21 days of notification of award of order. It should remain valid for a period of 60 days beyond the date of completion of all contractual obligations of the contractor, including warrantee obligations. Performance security is to be forfeited and credited to India Govt. Mint, Noida’s account in the event of a breach of contract by the contractor, in

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terms of the relevant contract. Performance security will be refunded to the supplier without any interest, whatsoever, after it duly performs and completes the

contract in all respects but not later than 60 days of completion of all such obligations under the contract.

6.0 QUALITY ASSURANCE: The Supplier shall ensure that the Consignment is supplied in accordance with the technical specification given in Section VI.

6.1 SECRECY & SECURITY: The successful tenderer shall ensure that the stores are manufactured strictly in accordance with the specification prescribed by the General Manager, India Government Mint, NOIDA.

6.2 The successful tenderer shall exercise utmost security in manufacturing, packing and dispatch of the stores, to ensure there is no possibility of unauthorized production of the stores ordered by the Mints by any one. The manufacturer shall give the written undertaking that all due precaution shall be taken in his works to avoid the possibility of unauthorized duplication of dies bearing the impression of the coin blanks and the security edging, if any. He shall also limit the production up to ordered quantity only, anything excess shall be melted and a certificate for the same shall be given to the purchaser at the closure of the contract.

6.3 The successful tenderer shall exercise utmost security in packing and dispatch of the coin blanks. Each bag of the coin blanks will show the number of the coin blanks attached to the bag for easy identification. The successful tenderer shall also submit the record showing identification number on the drum and weight of the each bag in it. The coin blanks bags shall be packed in drum as detailed in the packing clause.

7.0 DELIVERY SCHEDULE

The supplier shall deliver the goods and perform the services under the contract within the time schedule specified by India Government Mint, Noida. The Foreign Supplier shall deliver the full consignment on CIF (named destination India Government Mint at Mumbai, Cherlapally (Hyderabad), Kolkata and Noida basis). Delivery should be completed within the period specified in the contract subject to maximum variation in delivery on month-wise (+/-) 10%, Quarter-wise (+/-) 7% and yearly-wise (+/-) 5% is permissible. For Indian bidders delivery terms shall be on door delivery basis and for foreign supplier as per applicable INCOTERMS with indicated modifications. The delivery of goods within specified period as per agreement is the essence of contract. The material to be supplied within 10 months from the date of agreement or clearance of pre-production sample for manufacturers supplying first time to the Mints.

8.0 PRE-PRODUCTION SAMPLES

8.1 This clause shall be applicable to manufacturers who are supplying first time to the Mints.

8.2 The Supplier shall arrange first inspection by the representative of General Manager, India Government Mint, Noida, during the production of pre-production samples at their works. The inspection shall be carried out by the inspectors for the production of the coin blanks and also they will do the quality process audit for

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ensuring the required process & parameters, the process of production followed by the Supplier, Chemical composition analysis, hardness of the material, correct specification of size, weight, alloy composition and other tests as indicated in the technical specification. All the EXPENSES OF MINT’S INSPECTOR WILL BE BORNE BY PURCHASER.

8.3 The supplier will effect shipment of 1 (one) million pieces of pre-production samples of Rs.10/- bi-metallic composite coin blanks to the General Manager, India Government Mint, Noida, within 45 days from the date of issue of Letter of intent/ Purchase Order, for conducting production trials. The supplier will take up bulk production of Bi-metallic composite coin blanks after initial sample of 1 million pieces of coin blanks is passed. In case the sample is approved, the cost of pre-production samples will be borne by Purchaser and payment will be made after acceptance. In case of rejection, all expenses to and fro destination plus all incidental cost will be borne by the supplier. In case of failure on the part of supplier to do so or rejection of blanks at the production trial, the purchaser reserves the right to give another chance to the supplier to supply the successful pre-production samples based on the merits of the case or to cancel the contract without prejudice to his any other rights under the contract. If any such second chance is given, the second pre-production sample of 1 million pieces be supplied within 15 days of rejection of first pre-production sample. In case of rejection of second pre-production sample, no further chance for submission of another sample will be given and all such cost will be borne by manufacturer as in the case of first sample. The report of the test conducted on the initial pre-production sample of coin blanks so supplied will be informed to the Supplier within two week of receipt of coin blanks at India Government Mint, Noida.

8.4 PRE-PRODUCTION INSPECTION TO BE CARRIED OUT AT SUPPLIER’S PREMISES: In the event of pre-production inspection being carried out at the successful bidder’s plant the following steps will be followed:

The official deputed for pre-production inspection will inspect the blanking of Rings and Centre pieces from the rolled sheet material.

8.4.1 Inspectors will inspect the rimming process for rings and grooving of centre pieces for making the coin blanks.

8.4.2 Inspectors will inspect the annealing process being followed along with the parameters like temperature, hardness maintained for the coin blanks.

8.4.3 Inspectors also will inspect and check the joining facility of the centre piece with ring and will check the expulsion force of Blanks.

8.4.4 Finally the inspectors will check the pickling- polishing of Joined coin blanks and dimensional accuracy as per technical specifications.

8.5 The bulk production of coin blanks shall commence after the clearance of pre-

production samples by the General Manager, India Government Mint, Noida. Each subsequent lot shall be supplied as per delivery terms and delivery schedule mentioned in the order and shall be inspected by a representative of India Government Mint, Noida unless waived explicitly by purchaser; for all the inspection carried by purchaser the Inspector’s cost will be on purchaser’s account.

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8.6 PRE- DISPATCH INSPECTION: The purchaser reserves the right of inspection of the supplies before shipment. The supplier will carry out Inspection/Testing etc. within 3 weeks of the pre-dispatch call. The supplier shall furnish to the purchaser, his detailed testing and quality assurance schedules and procedure including list of checkpoints, for scrutiny by the Purchaser. The supplier shall give purchaser namely the General Manager, India Government Mints, Noida 3 weeks notice in advance for any store(s) being ready for inspection and testing, specifying the period likely to be required for such inspection and testing. The inspection shall be done so as to ensure the quality of the supply. After the satisfaction of the completeness of the supply and its conforming to the specifications, nominated Inspectors of the General Manager shall issue necessary inspection certificates for arranging shipment by the Supplier. The inspection, examination or testing carried out by the purchaser’s inspector or any other inspecting agency or issue of shipment release certificate by the purchaser to the supplier shall not, however, relieve the supplier from any of his obligations under the contract and shall not bind the purchaser in any manner to accept the material/store(s), should it on further inspection/tests during or after its supply found not to comply with requirement of the intent and meaning of the contract.

8.7 The supplier shall provide all facilities free of cost for the inspections of the Coin blanks manufactured and supplied under this contract at his works at site by the representative of General Manager, India Government Mint, Noida before dispatch.

8.8 All the coin blanks produced shall in addition to the inspection by the representative of the Purchaser, also be inspected and examined by the quality control wing of the supplier and copies of the necessary documents maintained

by them shall be handed over to the representative deputed by General Manager, India Government Mint, Noida during the pre-dispatch inspection.

8.9 The inspection, procedure and arrangement will be according to the procedure to be laid down by the purchaser on the basis of Military Standard MIL-STD 105 D Annexure-V.

8.10 The supplier shall communicate to the General Manager, India Government Mint, Noida, at least three weeks prior to readiness of the quantity of the coin blanks

kept ready for inspection in order to arrange the visit of the representative for pre-dispatch inspection.

8.11 The charges of all inspections, pre-production inspection as well as pre-dispatch inspection, will be borne by the purchaser. However, in case of rejection of stores in full/non availability of stores for inspections, the supplier will reimburse such charges.

9.0 CANCELLATION OF CONTRACT: The purchaser shall, without prejudice to any other right or remedy which shall have accrued, or shall accrue thereafter to purchaser, cancel the contract in any of the following cases giving 30 days simple notice and the supplier shall be liable to the payment of damages to the purchaser to the extent provided in case of cancellation for default.

9.1 For corrupt practice : If the supplier, shall offer, give or agree to give to any person any bribe or consideration of any kind as any inducement or reward for doing or

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forbearing to do or having done or forborne to do any act in relation to the obtaining or execution of this contract.

9.2 For insolvency: If the supplier being an individual, or a firm, any partner thereof shall at any time be adjudged insolvent or have a receiving order or order for administration of its estate made against or shall take any proceedings for liquidation or composition under any insolvency Act, for the time being in force or make any conveyance or assignment of its effects or composition or arrangement for the benefit of its creditors or purport to do so. If any application be made under any insolvency Act for the time being in force for the sequestration of its estate or if a trusted deed be granted by it for his creditors, or being a company, shall pass a resolution or the court shall make an order for liquidation of its affairs, or a receiver or manager on behalf of the debenture holders shall be appointed or circumstances shall arise which entitle the court or debenture to appoint a receiver/manager or assigns, transfer, sublets or attempts to assign, transfer or sublet, any portion of the work, without the prior written approval of the purchaser. Whenever the purchaser exercises his authority to cancel the contract under this condition, he may complete, the work by any means at the supplier’s risk and expenses provided always that in the event of cost of completion (as certified by the Purchaser, which is final and binding) being less than the contract cost, the advantage shall accrue to the purchaser.

9.3 In case of requirement or demand of this item reduced due to any reason, what so ever, which is beyond the control of India Government Mint, Noida Purchaser reserves the right to short close the contract by giving 30 days simple notice to short close. Supplier without any right to enforce the contract will agree to the short-closure of performance of balance portion of this contract and no claim for damages or losses will be lodged against the Purchaser. The supplier have no claim for compensation on account of cancellation of order wholly or in part the purchaser is obliged to do so and any decline, diminution, curtailment or stoppage of his business is beyond Purchaser’s control.

10.0 PACKING: Coin blanks shall be packed in strong cylindrical steel drums of appropriate size lined with polythene/vinyl bags. Silica gel in an untearable big pouch is to be added in each drum to absorb moisture. The lid of the drums shall be secured with the rim and bolted and sealed with a provision of adequate leak proof/waterproof rubber gasket with pilfer-proof arrangement to ensure roadworthiness/ seaworthiness. The drum should be painted white with 2” specified colour at centre for Bi-metallic composite coin blanks outside and internal protection will be with rust proof paint. To facilitate the use of forklift and loading and unloading, two drums would be fastened on wooden/steel pallet by steel band/hoops with one hard board sheet steel frame covering top of both drums to facilitate stacking. The quantity per drum shall be as under :

Bi-metallic Composite Coin Blanks as per specifications

For India Government Mints at Mumbai, Cherlapally (Hyderabad) & Kolkata.1,00,000 coin blanks per drum in small poly bags containing maximum 2,000 pieces and be packed in one big Poly Bag.Allowed variation +/- 50 blanks per drum____________________________________________For India Govt. Mint, Noida – 1,00.000 coin blanks to be packed in one big poly bag and sealed in a drum.

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Variation 50 coin blanks per drum.

NOTE:1. Accurate count in pieces in each bag/drum is very important and will be

insisted upon. Variations in count shall be made good whenever intimated by India Govt. Mint.

2. If the materials are received in damaged condition, the same will be summarily rejected and the Supplier shall replace the same within 10 days at their own cost, on door delivery basis.

3. Packing quantity and packaging may be changed marginally in case it is found necessary by Purchaser without changing price at all.

11.0 MARKING: CONSIGNEE : GENERAL MANAGER,

INDIA GOVERNMENT MINT, MUMBAI, CHERLAPALLY (HYDERABAD), KOLKATA AND NOIDA (As the case may be)

ORDER NO :

PACKING NO :

NET WEIGHT :

GROSS WEIGHT :

12. SHIPMENT: The shipment of the material shall be made in containers and the SUPPLIER shall make his best efforts to ensure that such containers are loaded on the ship just before embarkation so as to enable speedy unloading of the containers on arrival at the port of disembarkation in India.

12.1 The shipment shall be arranged on Indian Flag Vessels only. Shipment by vessels other than Indian Flag Vessels shall be arranged only after obtaining dispensation from the Ministry of Surface Transport, Government of India, prior to the delivery. The PURCHASER will specify to the SUPPLIER to which Indian port(s) shipment is to be made. If shipment is made by other than Indian Flag Vessel without obtaining the dispensation from Ministry of Surface Transport, any additional cost incurred will be borne by SUPPLIER only and the PURCHASER will only make the payment as per SCI rates.

12.2 Shipping arrangement will be made by the Ministry of Surface Transport (Chartering Wing), New Delhi (Cable: Transchart New Delhi, Telex: VAHAN IN: 31-61158, 31-61159) through their respective forwarding agents/nominees as mentioned below to whom adequate notice about the readiness of each consignment be given by the Suppliers from time to time at least six weeks in advance of the required position for finalizing the shipping arrangements.

European M/s. Kuehne & Nagel (AG & Co) KGPinkertweg 2022113 Hamburg GermanyPIC: Mr. Micheal CansierTel: 00-49-40-73337373Fax: 00-49-40-73337

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Any other port The Shipping Coordination Officer,Ministry Surface Transport Chartering Wing, New DelhiTelex : VAHAN IN – 3161157, 31-61158, 31-6115

13.0 INSURANCE. All the transit insurance/marine insurance from the foreign port to CIF destination (India Government Mint, Noida) shall be arranged by the supplier with the Indian Insurance companies which will be to the account of the supplier.

14.0 WARRANTY The Coin Blanks are to be supplied in accordance with the order complete in all respect of good material and workmanship throughout and in the event of any goods on receipt being found not in accordance with the specification, the supplier would replace the goods at his own cost inclusive of all freight, handling charges, duties and taxes up to ultimate destination in India.

15.0 WARRANTY PERIOD This warranty shall survive acceptance of goods and payments but shall expire [except in case of complaints notified to the supplier within 90 days (ninety) after the expiry of warranty period], twelve months after the arrival and acceptance of the entire supplies of the order at India Government Mint, Noida (hereinafter to be referred as warranty period).

16.0 Delay in the Supplier’s performance

The supplier shall deliver the goods and perform the services under the contract within the time schedule specified by India Government Mint, Noida in the list of requirements and as incorporated in the contract. The delivery within specified period as per agreement is essence of the contract.

16.1 Any unexcused delay by the supplier in maintaining its contractual obligations towards delivery of goods and performance of services shall render the supplier liable to any or all of the following: -

(i) Imposition of liquidated damages,(ii) Forfeiture of its performance security and (iii) Termination of the contract for default.

16.2.1 If at any time during the currency of the contract, the supplier encounters conditions hindering timely delivery of the goods and performance of services, the supplier shall promptly intimate India Government Mint, Noida in writing about the same and its likely duration and make a request to India Government Mint, Noida for extension of the delivery schedule accordingly. On receiving the supplier’s communication, India Government Mint, Noida shall examine the situation as soon as possible and, at its discretion, may agree to extend the delivery schedule, with or without liquidated damages for completion of supplier’s contractual obligations by issuing an amendment of the contract.

16.2.2 When the period of delivery is extended due to unexcused delay by the supplier, the

amendment letter extending the delivery period shall, inter alia, contain the following conditions: -

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(i) India Government Mint, Noida (a unit of SPMCIL) shall recover from the supplier, under the provisions of the clause 23 of the General Conditions of the Contract, Liquidated Damages (LD) of the contract on the goods and services which the supplier has failed to deliver within the delivery period stipulated in the contract.

(ii) That no increase in price on account of any ground, whatsoever, including any stipulation in the contract for increase in price on any other ground and, also including statutory increase in or fresh imposition of customs duty, excise duty, sales tax or on account of any other tax or duty which may be levied in respect of the goods and services specified in the contract, which takes place after the date of delivery stipulated in the contract shall be admissible on such of the said goods and services as are delivered and performed after the date of the delivery stipulated in the contract.

(iii) But nevertheless, India Government Mint, Noida ( a unit of SPMCIL) shall be entitled to the benefit of any decrease in price on account of reduction in or remission of customs duty, excise duty, sales tax or any other duty or tax or levy or on account of any other grounds, which takes place after the expiry of the date of delivery stipulated in the contract.

(iv) In this tender, prices of goods to be supplied are linked to LME rates, any change in delivery schedule will result in change in the price of the goods. Any change in the delivery schedule accepted by India Government Mint, Noida, with or without Liquidated Damages (LD) shall not make India Government Mint, Noida liable to pay any extra amount due to the fluctuation in LME rates. In the event of revision of delivery schedule/period, the two rates i.e. LME rates as per the original delivery schedule/period and LME rates as per the revised delivery schedule/period shall be compared and the lower rate shall be payable to the supplier for the quantity supplied beyond the original delivery period/schedule.

(v) India Government Mint, Noida ( a unit of SPMCIL) reserves the right to impose Liquidated Damages (LD) for delay in delivery schedule due to the reasons attributable to the supplier. LD shall be imposed on the value of the goods not supplied on the scheduled date. The LD shall be imposed at the rate of 0.5 per cent of the contract price of the undelivered goods as per agreed delivery schedule for each week and part thereof of the delay on pro-rata basis, as detailed in para 17 below.

16.2.3. The supplier shall not dispatch the goods after expiry of the delivery period. The supplier is required to apply to India Government Mint, Noida for extension of delivery period and obtain the same before dispatch. In case the supplier dispatches the goods without obtaining an extension, it would be doing so at its own risk and no claim for payment for such supply and/or any other expenses related to such supply shall lie against India Government Mint, Noida.

17.0 LIQUIDATED DAMAGES (LD)

The provision of LD clause will effect for bulk supply from the date of acceptance of pre-production samples and clearance given for bulk production. In the event of the supplier’s failure to deliver the goods by the date/dates in the contract, the purchaser

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may without prejudice to his any other rights hereunder, recover from the supplier, as liquidated damages and not by way of penalty a sum equivalent to 0.5 percent of the contract price of the undelivered goods as per agreed monthly delivery schedule for each week and part thereof the delay on pro-rata basis. But if the delay arises from any cause which the supplier should promptly notify the purchaser and the purchaser admits it as reasonable ground for the further time, and delay is not attributed to the supplier, no liquidated damages will be leviable during the additional time thus agreed. The total liquidated damages amount shall not be more than 5% of the undelivered goods. In the event of the supplier’s failure to deliver the goods as per the Purchase Order, the General Manager, India Government Mint, NOIDA may at his discretion recover from the supplier, liquidated damages out of the security deposit cum performance guarantee. If required otherwise, it will be deducted from the commercial invoices. If the supplier after submission of tender and due acceptance of the same, i.e. after placement of Purchase Order, fails to abide by the terms and conditions of these tender document, or fails to supply the goods as per delivery schedule given or at any time repudiates the contract, the purchaser will have the right to,

17.1 Forfeit the EMD; and

17.2 Invoke the Security Deposit – Cum – Performance Guarantee deposited by the supplier and procure the stores from other agencies at the risk and consequence of the supplier. The cost difference between the alternative arrangement and supplier’s tendered value will be recovered from the supplier along with incidental charges. For all purposes the letter of intent will be considered acceptance of tender and formal contract pending signing of formal agreement. Supplier has to abide by all terms and conditions of tender.

17.3 In case of procurement through alternative sources and procurement price is lower, no benefit on this account will be passed on to supplier.

18.0 FORCE MEJURE CLAUSE

If any time during the continuance of this contract the performance in whole or in part by either party of any obligation under this contract is prevented or delayed by reason of War, hostility, acts of Public enemy, civil Commotion, sabotage, fire, floods, explosions, epidemics, quarantine, restrictions, strikes, lockouts, or act of God (herein after referred to as “events”) provided notice of happenings of any such eventuality duly endorsed by the appropriate authorities/Chamber of Commerce in the country of the party giving notice is given by the party seeking concession to the other as soon as practicable but within 21 days from the date of occurrence and termination thereof and satisfies the other party adequacy of the measure taken by it, neither party shall by reason of such event be entitled to terminate this contract nor either party have any claim for damages against the other in respect of such non-performance, or delay in performance, and delivers under the contract shall be resumed as soon as practicable after such event has come to an end or ceased to exist and the decision of the General Manager, India Government Mint, Noida, as to whether the deliveries have so resumed or not, shall be final and conclusive provided further that the performance in whole or in part of any obligation under this contract is prevented or delayed by reason of any such event for a period exceeding 60 days, The General Manager, India Government Mint, Noida, may at his option terminate the contract.

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19.0 FORE CLOSURE CLAUSE

If at any time during the contract purchase of material ordered in this contract is completely banned due to drastic change in Government policy its use as declared hazardous to public health or cause rising to civil commotions, epidemic, wide-spread strikes and 21 days notice of such eventualities is given by Purchaser to the Supplier, the Supplier without any right to enforce the contract will agree to the fore-closure of performance of balance portion of this contract and no claim for damages or losses will be lodged against the Purchaser.

20.0 TERMINATION – DEFAULT BY THE SUPPLIER

If the supplier is in default in carrying out any of the conditions, covenant or obligations of the contract, the purchaser may give notice of default to the supplier to cure such default within 30 days of receipt of said notice of default. Should the supplier not cure the default within the said period the purchaser may within 30 days terminate the whole or any portion thereof with respect to any if the work not completed by the supplier in accordance with the terms of the contract at the said time of the notice in writing to the Supplier. Upon termination of the contract under this clause, the purchaser shall require the supplier to deliver to the purchaser any finished work which has not been delivered prior to such terminations. The purchaser however, shall pay the supplier for all such finished work delivered and accepted.

20.1.1 In the event of India Government Mint, Noida terminates the contract in whole or in part pursuant to Clause 20.0 above, India Government Mint, Noida may procure goods and/or services similar to those cancelled, with such terms and conditions and in such manner as it deems fit and the supplier shall be liable to India Government Mint, Noida for the extra expenditure, if any, incurred by India Government Mint, Noida for arranging such procurement.

21.0 TERMINATION FOR INSOLVENCYIf the supplier becomes bankrupt or otherwise insolvent, India Government Mint, Noida reserves the right to terminate the contract at any time, by serving written notice to the supplier without any compensation, whatsoever, to the supplier subject to further that such termination will not prejudice or affect any right of action or remedy which has accrued or will accrue thereafter to India Government Mint, Noida.

22.0 ARBITRATION:In case of any dispute or difference arises out of or in connection with or carrying out of works (whether during the progress of the works or after their completion and whether before after determination, abandonment or breach of contract) except as to any or the matters, provided hereunder, the parties hereto, shall first endeavor to settle such dispute or differences amicably.

If both the parties fail to reach such amicable settlement, then either party (The Purchaser or Contractor) may (within 28 days of such failure) give a written notice to other party requiring that all matters in dispute or difference be arbitrated upon, such written notice shall specify the matters which are indifferences or of differences of

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which such written notice has been given and no other matters shall be referred to the arbitration of a single arbitrator to be appointed by both the parties or in case of disagreement as to the appointment of a single arbitrator, to two arbitrators are to be appointed by each party or in case of said arbitrators not agreeing then, to the umpire to be appointed by the arbitrators in writing before entering upon the references. Provisions of the Indian Arbitration Act, 1940 or Arbitration and Conciliation Act 1996 or any statutory modification or re-enactment, thereof and rules framed there under from time to time shall apply to such arbitrations.

Venue of arbitration shall be in India and shall be decided by General Manager, India Government Mint, NOIDA. The award of the arbitrator shall be final, conclusive and binding for all parties to this contract. The Indian Laws shall govern this contract for the time being in force. The arbitrator or arbitrators appointed under this Article shall have the power to extend the time to make the award with the consent of the parties. Pending references to arbitration, the parties shall make all endeavors to complete the work in all respects and all disputes, if any will finally be settled in the arbitration. Upon every or any such references to the arbitration, as provided herein the cost of an incidental to the reference and Award respectively shall be in the discretion of the Arbitrators or the Umpire, as the case may be.

The Award of the Arbitrator or Arbitrators, as the case may, shall be final and binding on the parties. It is agreed that the Contractor shall not delay the supplies by reason of any such matter, question or dispute being referred, to arbitration, but shall proceed with the works with all due diligence. The Purchaser and the Supplier hereby also agree that arbitration under this clause shall be a condition precedent any right of action under the contract.

23.0 FALL CLAUSE

The price charged for the goods supplied under the order by the supplier shall in no event exceed the lowest price at which the supplier or his agent/principal/dealer, as the case may be, sells the goods of identical description to any Persons/Organisation including the Purchaser or any Department of Central Government or any Department of a State Government or any Statutory undertaking of the Central or State Government as the case may be, during the currency of the order.

If at any time during the said period, the supplier or his agent/principal/dealer, as the case may be, reduces the sale price, sells or offers to sell such goods to any persons/organizations including the purchaser or any Department of Central Government or State Government as the case may be, at a price lower than the price chargeable under the order, he shall forthwith notify such reduction or sale or offer of sale to the Purchaser who has issued this order and the price payable under the order for the material supplied after the date of coming into force of such reduction or sale of offer of sale shall stand correspondingly reduced.

24.0 PATENT RIGHTS AND ROYALTIES:

Royalties and fees for patents covering materials, articles, apparatus, devices, equipment or processes used in the works shall be deemed to have been included in the contract price. The contractor shall satisfy all demands that may be made or any

31

time for such royalties or fees and he alone shall be liable for any damages or claims for patent infringements and shall keep the Purchaser indemnified in that regard. The contractor shall at his own cost and expense, defend all suits or proceeding that may be instituted for alleged infringement of any patents involved in the works and in case of an award of damages, the Contractor shall pay for such award. In the event of any suit or other proceedings instituted against the Purchaser, the same shall be defended at the cost and expenses of the contractor who shall also satisfy comply and degree, order, order of award made against the Purchaser. But it shall be understood that no such machine, plant work material or thing has been used by the purchaser for any purpose or any manner other than that for which they have been furnished and installed by the contractor and specified under these specifications. In the event of any apparatus or equipment or any part there of furnished by the contractor is in such suit or proceeding held to constitute infringement, and its use in enjoined, the contractor shall, at his option and at his own expense, either procure for the Purchaser, the right to continue use of said apparatus infringing apparatus or modify it, so it becomes non infringing in all respect and for all purposes.

25.0 CUSTOMER LIST: Full Address, Contact Person, Phone No. and Fax No and also Performance Certificate, Total sale during last three years if available shall be enclosed with the tender in the absence of this information the offer will be subject to rejection.

26.0 POLLUTION: International norms prescribed for pollution level of any effluents from the equipment/plant as well as noise/air pollution should be strictly adhered to.

27.0 ESCALATION DUE TO TAXES AND DUTIES IN INDIA : Increase / decrease in the prices only on account of statutory variations in the taxes and duties prevailing on the base date (date of contract) will be permissible. It is to be noted that, increase in the price on account of above will be admissible only if the work is completed within the schedule completion period as per the order/Contract and to be reimbursed by the purchaser to the contractor against submission of documentary proof. However, in case of any reduction in the exchange rates and /or statutory taxes and duties, same shall have to be passed on to the purchaser by the supplier irrespective of whether those were applicable within the Contractual completion period or not.

28.0 CORRESPONDENCE: All information, correspondence letters & details that accompany the tender documents and all further correspondence in connection with tender to be submitted in two copies to:

The General Manager,India Government Mint, (A unit of SPMCIL), D-2, Sector-1, Noida – 201 301 (U.P.) INDIA

29.0 JURISDICTION: The Laws of India shall govern the Contract.

30.0 ACCEPTANCE OF TERMS AND CONDITIONS: The supplier must agree to abide by the above set forth terms and conditions.

31.0 SAVING OF GOVERNMENT OF INDIA LAWS: All Rules, regulations, orders & instructions issued by the Government of India from time to time regarding any matter considered in this tender shall be applicable.

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32.0 NATIONAL SECURITY CLAUSE: Offer(s) received from any bidder shall be summarily rejected on national security considerations without any intimation thereof to the bidder.

SECTION – VI

TECHNICAL SPECIFICATION OF Rs. 10 BI-METALLIC COMPOSITE COIN BLANKS

1.0 SCOPE OF SUPPLY shall include the following:

1.1 Manufacture and supply of Bi-metallic coin blanks including testing and inspection, Providing all necessary data, sketch, step wise process of production of ring, centre piece and joining of the two , used in making of Blanks to the purchaser.

1.2 Pre- production samples, Packing, forwarding and transportation from manufacturer’s works to CIF (named destination India Government Mint, Noida) basis for foreign supplier and from Manufacture’s works to India Government Mint, Noida on door delivery basis for Indigenous supplier.

2.0 Quality of bi-metallic composite coin Blanks

Rimmed and fully annealed

2.1 Centre piece and Ring to be cut from strips and annealing to be done after rimming.

3.0 Centre piece Diameter 17 mm (Nominal)

4.0 Rimmed Diameter of Composite Bi-metallic blanks

26.75 ± 0.04 mm

5.0 Piece Weight of Composite Bi-metallic blanks

7.71 grams ± 2.5%

5.1 Weight of Ring 4.45 grams ( Nominal)

5.2 Weight of Centre Piece 3.26 grams ( Nominal)

6.0 Rim- Thickness ( kiss rim) 1.77 mm ± 0.02 mm

7.0 Hardness 110-130 VPN

8.0 Physical tolerance As mentioned in 8.1 & 8.2

8.1 Circularity The difference between maximum and minimum diameter of any composite blank shall not exceed 0.03 mm

8.2 Surface Finish The colour and brightness of composite

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blanks shall be assessed in natural light. The Blank shall be free from surface imperfection such as porosity, blanking indentation, roll marks, blisters, scratches, strains, etc. The centre piece shall be white ( Cupro - Nickel Colour) and the ring shall be bronze colour ( Aluminium-Bronze) and bright.

9.0 Method of Joining Centre Piece and ring The Joining method of Ring and the centre piece shall be by means of mechanical positive locking for which the centre piece may be required to have a suitable grooving around the complete periphery. There should be positive locking with the ring by means of uniform metal flow through the groove so as to ensure positive locking of ring with centre piece so that relative motion between centre piece and ring shall be eliminated.

10.0 Locking load Test ( Centre piece and Ring)

The composite blanks should be subjected to expulsion load test at 100 kilogram force (static load).

11.0 Locking Test procedure The sample pre-fitted coin blanks is to be positioned centrally inside a test-rig, in which the support has a break-out one millimeter larger than the center piece of the coin blanks, the expulsion punch will have a diameter of 12 millimeter for load testing purposes. The coin blanks will be positioned on test-rig and will be subjected to expulsion test force by the 12 millimeter punch as mentioned above.

CHEMICAL SPECIFICATION FOR BI-METALLIC COMPOSITE COIN BLANKSCentre Piece (Cupro-Nickel) Copper 75% ± 1.00%

Nickel 25% ± 1.00%

Ring ( Al-Bronze) Copper 92% ± 1.00%Aluminium 06% ± 0.50 %Nickel 02% ± 0.25 %

Impurities Limits should not exceed the following limits:Carbon 0.05 %Sulphur 0.02%Lead 0.005%Iron 0.3%

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Manganese 0.5%The Overall impurities should not exceed 0.5%

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ANNEXURE – I : PRICE BID.

REF. TENDER NO. 1. Name of the Tenderer:

2. Opening date & time:

3. The tender shall remain valid for acceptance for 270 days, from the date of tender opening.

4. Format for INDIGENIOUS Bidder: Adhering to the format given below is a Pre-requisite for

considering your quotations, Price should be quoted on door delivery basis:

Sl. No. Description Supply of Bi-Metallic Composite Coin Blank.

1.0 Quantity offered in MT ( approx)

2.0 Quotation of metals price will be based on official LME Cash seller & settlement price for Copper Grade A, Primary High Grade Aluminium and Primary Nickel on

(A) In Rupees per M.T.

of the given metals

as below

Qty. of metal to be

used for Per MT of

Bi-Metallic Composite

Coin Blanks:

(B) M.T. of the

given metal

per MT of

coin blank.

Basic cost of

given metals

in coin blank

per MT of

coin blank.

(A * B)

Rupees per

M.T. of Coin

Blanks

XX

Copper

Aluminium

Nickel

Sub- Total (total metal cost per MT of coin- blanks) XX

3.0 Cost of production(conversion cost) per MT of Blanks

4.0 Any other charges per MT of Blanks

5.0 Packing charges per MT

6.0 Forwarding and other charges per MT

7.0 Insurance Charges per MT

8.0 Freight per M.T.(DOOR DELIVERY)

9.0 Service Charges on freight, if any

10.0 Central Excise Duty, as applicable,

11.0 Any other Taxes and duties , if applicable

12.0 Central /State Sales Tax per M.T./V.A.T., if applicable

36

13.0 Total Cost per MT (door delivery basis)

14.0 Total Cost of supply (door delivery basis)

15.0 Total Cost of supply (door delivery basis) in words :

5. Format for FOREIGN Bidders: - Adhering to the format given below is a Pre- requisite for considering your quotations. Price should be quoted on CIF (NAMED destination – India Government Mint, Noida basis. Price should be quoted in US Dollar.

Sl. No

Description Supply of Bi-Metallic Composite Coin Blanks

1.0 Quantity offered in MT ( approx)

2.0 Quotation of metals price will be based on official LME Cash seller & settlement price for Copper Grade A, Primary High Grade Aluminium and Primary Nickel for ______

(A) Cost per M.T.

of the given metal

as below

Qty. of metal to

be used for

Per MT of

Bi-Metallic

Composite Coin

Blanks:

(B) M.T. of the

given metal per

MT of coin

blank.

Basic cost of

Metals in coin

blank per MT

of coin blank.

(A * B)

Cost per

M.T. of coin

blanks

XX

Copper

Aluminium

Nickel

Sub- Total (total metal cost per MT of coin- blanks)

XX

3.0 Cost of production (conversion cost) per MT of Blanks.

4.0 Any other charges per MT of Blanks.

5.0 Packing charges per MT.

6.0 Forwarding and other charges per MT.

7.0 Insurance Charges per MT on Door Delivery basis.

8.0 Freight per M.T. on Door Delivery India Govt. Mint, Noida

9.0 Total Cost per MT (CIF- named India Govt. Mint, Noida), (INCOTERM 2000)

10.0 Total Cost of supply (CIF- named: India Govt. Mint, Noida) (INCOTERM 2000)

11.0 Total Cost of supply (CIF- named India Govt. Mint, Noida) in words :

Signature of the Tenderer with designation and seal

37

OTHER CONDITIONS FOR PRICE BIDS

1. No unilateral revision in price will be admissible.

2. For comparison of tenders the currency or currencies of tendered price will be converted into Indian National Rupees at the rate prevailing on the day of price bid opening in RBI website- exchange rate. The tenders could be re-evaluated at the exchange rates prevailing on the day of the decision of the award, if the period between tender opening and tender finalization exceeds three months. Total Cost of supply should also be indicated in words.

3. In case any of the subheads are included in the total cost, the same should be specified.

4. In the absence of Taxes and duties clearly stated in price bid, it will be presumed that the prices include all such charges and no claim for the same will be entertained. Customs Duty/Excise Duty Exemption certificates will be provided, if applicable. (Applicable only for Indian Bidders)

5. **Customs duties, other related charges, as applicable , will be LOADED ADDTIONALLY in the Price Bids received from foreign bidders for comparing the landed cost of the coin blanks at the India Government Mint, Noida. CIF(NAMED DESTINATION, India Government Mint, Noida) shall mean and include all elements of costs except custom duty and other duty related charges, if applicable.

6. Any other information bidder likes to add should be mentioned.

Tender Reference No. :……………………………………………………….

Fax No. :…………………….

Tele No. :……………………

Signature of Tenderer :………………………………………………………... ………….

Name in Block Letters :..……………………………………………………….…………..

Full Address :……..…………………………………………….…………………………..

………………………………………………………… E-Mail ID….. …………………….

Website address………………………………

Station :

Date :

Office stamp/ seal:

38

ANNEXURE – II

(On stamp paper of Rs. 100/- to be executed by any Schedule Commercial Bank in India. If executed by a First Class International Bank it is to be duly confirmed by State Bank of India/any Indian Nationalized Bank)

PROFORMA FOR BANK GUARANTEE

THIS GUARANTEE made on the ________________________________ day of ___________________ 2010 between M/s _________________________ _______________________________ (`The Bank’) from any Nationalized Bank of India of the one part IN FAVOUR OF THE GENERAL MANAGER, INDIA GOVERNMENT MINT, NOIDA) on the other part.

WHEREAS under Letter of Intent No_____________________ dated _________ for the supply of ____________________ made between M/s _____________ __________________________ (hereinafter referred to as supplier) and India Government Mint, the supplier has agreed to the supply of ______________ as detailed in the Letter of Intent on the terms and conditions as per provisions in the said order.

AND WHEREAS in accordance with the terms and conditions of the said order; the supplier has to deposit with India Government Mint as security, a sum of Rs.________/- (Rupees__________________) to remain with India Government Mint till the satisfactory completion of the work assigned to the supplier under the order.

AND WHEREAS the contractor has approached the India Government Mint, Noida with the request that it would esteem it a favour if the Government could allow the contractor to deposit Bank Guarantee in lieu of cash deposit as aforesaid.

AND WHEREAS the India Government Mint has agreed to accept a Bank Guarantee from the said `Bank on conditions expressly that the Bank shall on demand from the India Government Mint, Noida with demur pay to the India Government Mint, Noida the aforesaid sum of Rs. _______/- or such lesser sum as the India Government Mint, Noida may demand the amount so paid to the India Government Mint, Noida, shall for all purposes serve, as security deposit under the contract.

AND WHEREAS at the request of the contractor the bank has agreed to give its Guarantee as hereinafter contained.

NOW THIS DEED WITNESSES AS FOLLOWS

1. In consideration of the promises the Bank hereby undertake to pay to the India Government Mint, Noida on demand a sum not exceeding Rs. _______/- without demur and without requiring the India Government Mint, Noida to invoke legal

39

remedy that may be available to it to compel the Bank to pay the sum or to compel such performance by the contractor.

2. This Guarantee shall come into force from the date shown here and shall remain valid till the satisfactory completion of work assigned to the contractor under this contract i.e. upto date __________.

3. If however, the period of the contract is for any reasons extended and if the contractor fails to furnish a fresh or renewed Guarantee for the extended period, the Bank shall notwithstanding anything in clause herewith pay to India Government Mint, Noida the said amount of Rs._________/- or such lesser sum as the India Government Mint, Noida may demand to serve as security under the contract.

The Guarantee herein contained shall not be affected by any change in the Constitution of the Bank or of the contractor.

4. The India Government Mint, Noida and the contractor will be at liberty to carry out any modifications to the said contract during the terms of the said contract and any extensions thereof notice of which modifications to the Bank is hereby waived.

5. The liability of the Bank under this Guarantee is restricted to Rs ________/- (Rupees _________________ ) The Guarantee shall subject to provision of clause 2 above, remain in force till __________________. Unless a claim or demand under this Guarantee is filed against the Bank within six months from that date, all the rights of the India Government Mint, Noida under this Guarantee shall be forfeited and the bank shall be relieved and discharged from all liabilities, hereunder.

IN WITNESS WHEREOF _________________________ for and on behalf of the bank has signed this Deed on the date first above written.

Witness Signed by :

1. (for and on behalf of Bank)

2.

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ANNXURE – III

PROFORMA FOR CAPACITY, EQUIPMENT AND PAST PERFORMANCE

1. Name and address of the firm with fax/telephone Nos./e-mail

2. Brief description of the Factory (i.e. area covered, accommodation, various departments, laboratory etc.)

3. Details of plant and machinery Erected and function in each Department

4. Present workload for manufacturing of different denomination and size of Coin blanks

5. Total production capacity of items Quoted with the existing plant and Machinery

(a) Normal (Monthly)

(b) Maximum (Monthly)

6. Yearly turn over of last five years

7. Details of works carried out by thee tenderer during last five years

8. Any other relevant technical information the tenderer proposes to include

41

ANNEXURE – IV

INSPECTION CERTIFICATE AS PER MIL.STD 105 DThis is to certify that the Bi-metallic composite coin blanks designated under the contract have been inspected and passed the visual and measuring inspection for the total quantity of __________________________________

DEFECTS

Critical Major Minor

Irregu-larities

Analysis

IndividualWeight

BulkWeightOf 100Pieces

Dia-meter

EdgeThick-ness

Hardness Expulsion Test Force

QuantityCount

DateInspectedDateSigned

Sample SizeA.C.R.C.

Lot No. 1

1.2.3.4.5.

(To be signed by) (To be signed by)

Name ____________________ Name ____________________

& Designation of the Representative & Designation of

of Supplier Representative of the Purchaser

43