Para 6.2 — NONCONSULT_MANUAL

6.2. Payment Clause 1. The elements of price included in the quotation of a bidder depend on the nature of the services to be performed, terms of delivery, extant rules and regulations about taxes, duties, and so on, of the seller's country and the buyer's country. 2. In case of Non consultancy services, the elements of price would depend on whether it is an input or output admeasurement contract. In case of input admeasurements unit price of each element, service charges and taxes thereon shall be the elements of price schedule. There may be miscellaneous costs also other than inputs. In case of output admeasurements unit price of services delivered and taxes thereon shall be the elements of price schedule. 3. It is, therefore, necessary that, to enable the bidders to frame their quotations properly in a meaningful manner, the tender documents should clearly specify the desired terms of delivery, respective duties and responsibilities to be performed by the service provider and the procuring entities. 4. Elements of Price: Where the price has several components, bidders should be asked to furnish a cost break-up indicating the applicable prices and taxes for each of such components along with the overall price. The payment schedule and terms will be linked to this cost break-up; and 5. Currency: The tender documents are to specify the currency (currencies) in which the tenders are to be priced. As a general rule, domestic bidders are to quote and accept their payment in Indian currency; Indian agents of foreign service providers are to receive their agency commission in Indian currency; costs of services, which are delivered from abroad or by foreign nationals against the contract, may be quoted in foreign currency (currencies) and paid accordingly in that currency; and the portion of the services, which are to be undertaken in India are to be quoted and paid in Indian currency.