Supply of Industrial Bearings (Ball, Roller,
Tapered, Pillow Block & Others) - Annual Rate Contract(ARC)
Please refer to the attached BOQ for the complete item list along with
detailed specifications.
Approved Brands: SKF, Timken, FAG
Kindly note that only authorized distributors or manufacturers may
participate in the Tender. A valid authorization certificate is required to
be submitted along with the quotation
Contract Duration: ARC will remain valid for 2 year from the date of the
Purchase Order, unless extended or terminated mutually. Price Validity: All
prices under this ARC shall remain firm and fixed for the entire contract
period. No price escalation will be accepted. Quality Standards: Materials
must comply with approved specifications and standards. Supplier must provide
Test Certificate, COA, and COO with each delivery. Non‑conforming
materials will be rejected. -Valid Authorized Distributor
INCOTERM 2020: Delivery at place, AJSP Store,
Sohar- Oman Delivery Period: Delivery
must follow the PO schedule. Standard delivery time: 7-10 working days.
Suppliers must ensure proper packing & safe transportation. (As and when
required, on call basis) Liquidated Damages (LD):
Delay in delivery attracts 0.5% LD per week, up to max 7.5% of PO value. Rejection & Replacement:
Defective or non‑conforming materials must be replaced within 48 hours
at no cost. Failure may lead to LD or alternate sourcing at supplier?s cost. Payment Terms: Payment
processed as per agreed credit terms after verification and acceptance. (90
days Credit from Delivery Date) Documentation Required: Delivery
Note, Tax Invoice, Test Certificate (if applicable), COO/COA. Shall Provide
on Demand General Conditions: Supplier
must ensure uninterrupted supply. Changes in brand/spec/model require written
approval. All communication via official email. Termination Clause ARC may be terminated if:
? More than 2 quality
rejections.
? Failure to provide quality
documents.
? Repeated delays or LD
> 7.5%.
? Any violation of ARC terms.
? 15‑day written
notice will be issued prior to termination.
Additional Details-
VAT
charges 5% shall be extra from the total price.
