Crore Clause Samples
The 'Crore' clause defines the term 'crore' as a unit of measurement equal to ten million (10,000,000), commonly used in South Asian countries for financial and quantitative references. In contracts or agreements, this clause clarifies that any mention of 'crore' refers specifically to this numerical value, ensuring consistency in interpreting large sums or quantities. By providing this definition, the clause eliminates ambiguity and potential misunderstandings regarding the scale of numbers referenced in the document.
Crore. One Graduate Engineer or two Diploma Holders for works costing between Rs. 50.00 lakhs and Rs. 1.00 Crore. One Diploma holder for works costing between Rs. 25.00 lakhs and Rs. 50.00 lakh
Crore. 1.3.1 The Tenderers may obtain further information/ clarification, if any, in respect of these tender documents from the office of CE/Tender (O&M), Delhi Metro Rail Corporation, 5thFloor, C- Wing, Metro Bhawan, Fire Brigade Lane, Barakhamba Road, New Delhi –110001.
1.3.2 All Tenderers are hereby cautioned that tenders containing any material deviation or reservations as described in ClauseE4.4 of “Instructions to Tenderers” and/or minor deviation without quoting the cost of withdrawal shall be considered as non-responsive and is liable to be rejected.
1.3.3 The intending tenderers must be registered on e-tendering portal ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇.▇▇/eprocure/app. Those who are not registered on the e-tendering portal shall be required to get registered beforehand. After registration, the tenderer will get user id and password. On login, tenderer can participate in tendering process and can witness various activities of the process.
1.3.4 The authorized signatory of intending tenderer, as per Power of Attorney (POA), must have valid class-II or class-III digital signature. The tender document can only be downloaded from e-tendering portal using class-II or class-III digital signature. However, the tenderer shall upload their tender on ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇.▇▇/eprocure/app using class-II or class-III digital signature of the authorized signatory only.
1.3.5 Tender submissions shall be done online on ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇.▇▇/eprocure/app after uploading the mandatory scanned copies of transaction of payment of tender document cost/tender fee and Tender Security (in the form of RTGS, NEFT and IMPS.) and other documents as stated in the tender document. Instructions for on-line bid submission are furnished hereinafter.
1.3.6 Submission of Tenders shall be closed on e-tendering website of DMRC at the date & time of submission prescribed in NIT after which no tender shall be accepted. It shall be the responsibility of the bidder / tenderer to ensure that his tender is uploaded online on e-tendering website ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇.▇▇/eprocure/app before the deadline of submission. DMRC will not be responsible for non-receipt of tender documents due to any delay and/or loss etc.
1.3.7 Tenders shall be valid for a period of 180 days (both days inclusive i.e. the date of submission of tenders and the last date of period of validity of the tender) from the latest Date of Submission of Tender and shall be accompanied with a tender security of the requisite amount as per clause C...
Crore. Interested parties may send their tender in sealed cover addressed to the Administrative Officer, All India Institute of Medical Sciences, Basni Phase - II, Jodhpur superscripted with the words “Rate Contract for supply of Consumables for Cardio Thoracic and Vascular Surgery” and complete in all respects should be dropped in the tender box up to 03:00 pm on 25th October, 2016. The Quotations will be opened on the same day at 04:00 PM at Conference Hall, Medical College, All India Institute of Medical Sciences, Jodhpur. The tenders received after the scheduled date and time will be rejected out- rightly.
Crore. The Tenderers may obtain further information/ clarification, if any, in respect of these tender documents from the office of CE/Tender (O&M), Delhi Metro Rail Corporation, 5thFloor, C- Wing, Metro Bhawan, Fire Brigade Lane, Barakhamba Road, New Delhi –110001.
Crore. The investment by the Government of India in the Corporation has steadily risen since its incorporation with the infusion of additional Equity for every new project undertaken by the NEEPCO. Thus, the Authorized Capital of NEEPCO had to be gradually increased from the initial amount of Rs.75.00 crores to the present Rs.5000.00 crores.
Crore. You are requested to quote your best offer along with the complete details of specifications, terms & conditions.
Crore. Concessionaire would, therefore, subject to deductions if any under adherence/ compliance to the Maintenance Requirements and KPIs as per Schedule K, be eligible to receive 20.83 x (400/2300) x ((365-120)/365) = Rs.
Crore. (Rupees Twenty Seven Crore and Eighty lakh Only) as liquidated damages. The Long Term Transmission System User shall be entitled to recover this amount of damages by invoking the Contract Performance Guarantee to the extent of liquidated damages, which shall be required by the Long Term Transmission System User, and the balance shall be returned to TSP, if any. It is clarified for removal of doubt that this Article shall survive the termination of this Agreement.
Crore. Rest document like Affidavit, EMD, TIN No., VAT No., and Registration Certificate of the Firm shall be submitted by Local Authorized Dealer / Firm of his own.
Crore. (Rupees Twenty Seven Crore and Eighty lakh Only), or (ii) termination of this Agreement by the Long Term Transmission System User as mentioned under Article 3.3.4 of this Agreement.