DEVELOPMENT OF IGNITION LEAD

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Vendor Company Name

Part No

Incoterms - Price/Delivery basis (i.e. whether price is on Ex-works / FCA etc. incoterms 2010)

Liquidated damages (HAL standard term is 0.5% per week of delay or part thereof upto maximum 10% of the delayed item value)

Payment terms for RC and NRC (HAL standard payment term is 100% within 30 days of receipt & acceptance of items at HAL)

Certificates offered (MSE'S, Mill Test Certificate & CoC is required)

Warranty (HAL standard terms is minimum 12 months from the date of acceptance of items at HAL or more time period as per sellers policy)

Delivery Lead Time

Validity of Quote (HAL standard terms is 120 days from the tender due date)

Minimum Local Content for Indigenisation should be 50% and above Please confirm% of Local Content

Other Terms & Conditions

SPECIAL NOTE

Documents attached

MSME Certificate required If any Indian vendor satisfies the requirement of MSEs stipulation and also falls within the purchase preference margin as called for in MSME policy (in case of matching L1 price) will be considered for ordering 25% of tendered quantity. The balance quantity/works will be considered for distribution amongst all bidders (including MSEs) as per this subject purchase preference policy.

MLC certificate (Minimum Local Content certificate is required) in letter head

IPR TRANSFER ( In Development orders , Intellectual Proprietary Rights will rest with HAL. Your Confirmation on IPR transfer to HAL is required)

Future Pricing Clause (As per Indigenization policy, the quoted price should be firm and fixed for next 05 years. Confirmation required)

Compliance of Make in India is as per Purchase Preference Policy (Preference to Make in India) Order 2017 (PPP-MII Order,2017) issued by Department of Promotion of Industry and Internal Trade (DPIIT) as revised from time to time. and MSME provision as per general terms and conditions

Remarks