HIRING THE SERVICES OF TANKERS FOR TRANSPORTATION OF XYLENE FROM MRPL, MANGALORE TO CTF, KALOL, AHMEDABAD ASSET ON NEED AND CALL BASIS FOR A PERIOD OF 06 MONTHS

Per Metric Ton (PMT) rate for transportation of Xylol/Xylene from MRPL, Mangalore to ONGC CTF, Kalol

1. The bidders should quote rates inclusive of all taxes, duties, levies, freight, supply of consumables, etc. in accordance with the terms and conditions of Tender Document. 2. The bidder should clearly indicate applicable taxes/duties in the quoted prices for operating Change in Law Clause. 3. The quantities indicated above are for purpose of evaluation only. Payment shall be made as per actual work done. 4. The prices quoted by the bidder should also include all other associated charges for the completion of services. ONGC will not make any payment other than the items indicated in the price format. 5. The prices will remain firm till completion of services including extension if any unless specified otherwise. 6. Hiring the services on call basis is classified as Goods Transport Agency (GTA), hence ONGC is liable to pay GST@ 5% of invoice value under reverse charge mechanism. The GSTIN of ONGC Ahmedabad is 24AAACO1598A4ZQ. This rate of GST is as per the understanding of ONGC; however, it shall be the responsibility of the bidder to ascertain the applicable rate of GST and quote accordingly. 7. Bidder to mention Service code tariff: 8. ESCALATION / DE-ESCALATION OF RATES In case of any statutory variation (increase/decrease) in the price of HSD effected by the Govt., a corresponding escalation / de-escalation shall be paid / recovered against each tanker for the period, based on the following pre-defined formula: Escalation / De-escalation per MT = [(R2 - R1) x Distance] / (Q x 4) Where; R1: Rate of HSD (in Rs per Litre), as on the date of techno-Commercial bid opening, R2: Revised Rate of HSD (in Rs per Litre) Q: Represents notional capacity of a Tank Truck and it is taken as 20 MT Rates shall be taken as declared by M/s Indian Oil Corporation Ltd for Ahmedabad city. Distance taken (fixed) from MRPL to CTF Kalol: 1460 Kilometres. Above escalation/de-escalation shall be considered only for the period for which the rates are changed.

SIGNATURE OF THE BIDDER

SEAL OF THE COMPANY

ANNEXURE-VI PRICE FORMAT

TENDER NO.:

BIDDER’S NAME:

QUOTATION NO & DATE:

Per Metric Ton (PMT) rate for transportation of Xylol/Xylene from MRPL, Mangalore to ONGC CTF, Kalol

1. The bidders should quote rates inclusive of all taxes, duties, levies, freight, supply of consumables, etc. in accordance with the terms and conditions of Tender Document. 2. The bidder should clearly indicate applicable taxes/duties in the quoted prices for operating Change in Law Clause. 3. The quantities indicated above are for purpose of evaluation only. Payment shall be made as per actual work done. 4. The prices quoted by the bidder should also include all other associated charges for the completion of services. ONGC will not make any payment other than the items indicated in the price format. 5. The prices will remain firm till completion of services including extension if any unless specified otherwise. 6. Hiring the services on call basis is classified as Goods Transport Agency (GTA), hence ONGC is liable to pay GST@ 5% of invoice value under reverse charge mechanism. The GSTIN of ONGC Ahmedabad is 24AAACO1598A4ZQ. This rate of GST is as per the understanding of ONGC; however, it shall be the responsibility of the bidder to ascertain the applicable rate of GST and quote accordingly. 7. Bidder to mention Service code tariff: 8. ESCALATION / DE-ESCALATION OF RATES In case of any statutory variation (increase/decrease) in the price of HSD effected by the Govt., a corresponding escalation / de-escalation shall be paid / recovered against each tanker for the period, based on the following pre-defined formula: Escalation / De-escalation per MT = [(R2 - R1) x Distance] / (Q x 4) Where; R1: Rate of HSD (in Rs per Litre), as on the date of techno-Commercial bid opening, R2: Revised Rate of HSD (in Rs per Litre) Q: Represents notional capacity of a Tank Truck and it is taken as 20 MT Rates shall be taken as declared by M/s Indian Oil Corporation Ltd for Ahmedabad city. Distance taken (fixed) from MRPL to CTF Kalol: 1460 Kilometres. Above escalation/de-escalation shall be considered only for the period for which the rates are changed.

SIGNATURE OF THE BIDDER

SEAL OF THE COMPANY