Examples of Local Suppliers in a sentence
The Performance Security shall be valid for a minimum of sixty (60) days after satisfactory delivery for both Foreign and Local Suppliers.
They cannot claim themselves as Class-I or Class –II Local Suppliers by claiming the services such as Transportation, Insurance, Installation, Commissioning, Training and After Sale Service Support like AMC/ CMC etc.
In case of tenders invited from system integrators for products/ solutions involving hardware, software and their integration solutions of a number of manufacturers / vendors, insistence on ‘one manufacture can authorize one agent’ maybe relaxed.Non-Local Suppliers will not be eligible to participate in Domestic Tenders meant only for Indigenous Manufacturers / Local Suppliers.
Choose any one of the above mentioned conditions, whichever is applicable.2. In case of Authorized dealers/ Local Suppliers have quoted against the Tender, both the Authorized dealer and their Principals should submit the above mentioned certificate.
In case of Indian Agents of the Local Suppliers quoting against the Tender, both the Indian Agent and their Principals should submit the above mentioned certificates.
This threshold shall be declared in TIS and/ or Section VI: Schedule of Requirements2) Classes of Local Suppliers eligible to Participate: Based on the Make in India Policy, classes of local/ non-local Suppliers eligible to participate in the tender shall be declared in TIS/ AITB/ Schedule of Requirements.
Only Class -I Local Suppliers, as defined in Make-in-India policy, unless otherwise mentioned in these documents.
In case of Indian Agents of the Local Suppliers have quoted against the Tender, both the Indian Agent and their Principals should submit the above mentioned certificate.
In cases if the item(s) offered exceed Rs. 10 Crores, the Class-I/Class-II Local Suppliers shall provide a Certificate from the statutory auditor or cost auditor of the company (in case of companies) or from a practicing cost accountant or practicing chartered accountant (in respect of suppliers other than companies) giving the percentage of local content.
Relaxation on prior experience for Class-I and II Local Suppliers may also be considered as per para 10 a and b of revised Make in India Order.