Chapter 7 — GOODS_MANUAL

6.9. Incoterms, 2020 Terms of Delivery .....................................................................153 6.10. Recovery of Public Money from Suppliers' Bill..............................................155 6.11. Payment against Time-Barred Claims ..........................................................155 Chapter 7: Bid Evaluation and Award of Contract 157 7.1. Bid Evaluation Process.......................................................................................157 7.2. Preparation and Vetting of Comparative Statement ............................................158 7.3. Preliminary Examination .....................................................................................158 7.4. Evaluation of Responsive Bids and Decision on Award of Contract....................161 7.5. Evaluation of Financial Bids and Ranking of Bids In general:..............................164 7.6. Deliberations by the Tender Committee for Award of Contract. ..........................168 7.7. Award of Contract...............................................................................................178 7.8. Evaluation of Bids and Award of Contract - Risks and Mitigations ......................182 Chapter 8: Procurements with Unique Features 185 8.1. Handling Procurement in Emergencies and Disaster Management ....................185 8.2. Buy Back Offer ...................................................................................................187 8.3. Capital Goods/ Equipment (Machinery and Plant – M&P, IT Systems etc)..........187 8.4. Annual Maintenance Contract (AMC) ................................................................. 188 8.5. Net Present Value (NPV)....................................................................................190 8.6. Turnkey Contract ................................................................................................191 8.7. Procurement of Books and Print Media...............................................................191 Chapter 9: Contract Management 193 9.1. Contract Management ........................................................................................193 9.2. Scope of Supply and Quantity Control ................................................................193 9.3. Time Control – Monitoring Delays.......................................................................194 9.4. Quality Assurance and Inspections.....................................................................199 9.5. Cost Control - Prices, Taxes and Payments .......................................................206 9.6. Logistics: Transportation, Receiving, Storage and Issue of Goods .....................211 9.7. Contract Administration ......................................................................................214 9.8. Breach of Contract, Remedies and Termination .................................................219 9.9. Dispute Resolution..............................................................................................222 9.10. Contract Management – Risks and Mitigations.............................................234 Chapter 10: Disposal of Scrap Goods 237 10.1. Scrap for Disposal........................................................................................237 10.2. Classification and Categorisation ................................................................. 237 10.3. Survey of Materials for Classifying as Scrap for Disposal.............................237 10.4. Modes of Disposal........................................................................................238