Académique Documents
Professionnel Documents
Culture Documents
KEONICS INVITES
EXPRESSION OF INTEREST
FOR
FOR
Sd/-
Director-Operations
1.0 Background
KEONICS has a strong team of professionals possessing adequate skill sets in the areas of
networking and IT solutions, providing an efficient and reliable support to customers. In
addition to this we are partnered with many industry experts in domain specific verticals for IT
product and services area. It is KEONICS' endeavor to provide state-of-the-art technology
solutions to customers to keep pace with the changing technology. Under its ‘KEONICS KITES’
(KKEONICS IT Enabled Services) initiative, a gamut of solutions covering general purpose ERP,
Digital Evaluation, Tablet Based Video Streaming, Global Help Desk and Centralized biometric
solutions etc., have been identified and delivered on Software-as-a-Service (Saas) model using
our powerful and reliable IBM Mainframe infrastructure.
KEONICS is present in Bihar, Kerala, Arunachal Pradesh, Himachal Pradesh, Andaman Nicobar,
Uttar Pradesh, etc. with more than 10 numbers of successful deployments of IT solutions. It
regularly participates in Bids directly or with its consortium partners as this help of solution
produces forming post bid consortium.
KEONICS intends to invite EOI for pre-qualification of Business Associates from interested
companies/Agencies for original equipment manufacturers (OEMs), holders of proprietary
software/services/, partnership, public/ private limited for supply, installation & commissioning,
execution of projects and maintenance of various Products, Projects and Services in the discipline
listed below;
EOI for pre-qualification of Business Associates for the following Products, Projects and
Services to KEONICS.
7 The bidder should have a local presence a) Rent agreement in the name,
in Bengaluru and should be offering If the name of the company.
local support services at client locations b) Resource deployment details with client
in Karnataka. (Startup or Exempted contact information.
2. Bid will not be accepted after the date and time fixed for receipt as is set in notification
for subsequent extensions if any.
7. The bid inviting authority may, at its discretion, extend the last date for submission of
bid, in which case, all rights and obligations of the tendering authority and the bidders,
subjected to the previous last date, will thereafter be subject to such extended last date.
8. The date and time for opening bids will be as per the timelines specified in e-Procurement
platform. Bidder shall watch the e-Procurement site to learn about the addenda and
corrigenda issued to this EOI.
9. The bids with incomplete information, subjective and conditional offers as well as partial
offers will be liable for rejection.
10.The bidders should submit hard copy of all documents uploaded in the e-procurement of
Government of Karnataka portal at http://eproc.karnataka.gov.in to
11.The hard copies should be submitted on or before the date of opening of bids. There
should not be any discrepancy in the document uploaded and hardcopy submitted, if found
at any stage, empanelment will be cancelled. Any hard copies of the bid received by the
bid Inviting Authority without uploading in e-Procurement platform will be rejected.
12. Non-compliance of any of the clauses of this EOI will be liable for rejection.
2.2 KEONICS RIGHTS:
I. KEONICS reserves the right to accept or reject any or all the EOI received, at its sole
discretion without assigning any reason thereof.
II. In case of any default by the applicants and in any of the terms & conditions (whether
General, Special, Statutory), KEONICS may without prejudice to any other right/
remedy which shall have accrued or shall accrue thereafter, terminate the contract, in
whole or in part, by giving One (1) month notice in writing to the Business Associate.
III. Notwithstanding anything contained herein KEONICS also reserves the right to
terminate the contract at any time or stage during the period of contract, by giving one
(1) month notice in writing without assigning any reason and without incurring any
financial liability whatsoever to the Business Associate.
IV. KEONICS may also give in writing notice and without compensation to the Business
Associates, if the Business Associate becomes unwilling, bankrupt or otherwise
insolvent without affecting its right of action or remedy.
V. Area of the operation of the Business Associates is the discretionary power of the
Management of KEONICS.
The original bid shall be prepared and submitted in e-Procurement platform. Hard copy of Bids
should be submitted to The Director - Operations, KEONICS before the due date & Time in a
closed envelop super scribing name of the EOI, in above mentioned address. However the Bid
submitted in e-procurement platform will be considered for evaluation.
The bidder shall digitally sign and submit the proposal electronically through the unified e-
Procurement platform: www.eproc.karnataka.gov.in
The completed bid must be submitted electronically in the e-Procurement platform on or before
the due date for bid submission specified in the e-Procurement platform. The Centre for e-
Governance will not be responsible for technical glitches in the desktop and internet
connectivity services used by the bidder.
Bid Processing Fee: Each bidder shall pay bid processing fee through any of the for e-Payment
options only:
1. Credit Card
2. Direct Debit
3. NET Banking
4. National Electronic Funds Transfer (NEFT)
5. Over the Counter (OTC) - designated ICICI Bank branches
Located across the country
Please note that payments submitted through cheque or demand draft shall not be accepted.
Further details regarding e-Payment; please refer to e-Procurement website -
www.eproc.karnataka.gov.in
Pre-qualification of Business Associates shall be categorized into the following three categories
based on their financial capability, past experience and technical capability. However, KEONICS
reserves right to merge or create more categories based on the number of responses/bids
received.
4.1 Categories
4.2 Bidders may participate for pre-qualification in any One of the products, projects and
services or all categories of the pre-qualification of Business Associates (A or B or C).
Bidders Company/Organization:
Bidders Company/Organization:
2) Should have average turnover of Rs.5 Crores during last three financial years. This should
be supported by Audited Balance Sheet and Profit/Loss Account for preceding 03
financial years.
4) At least three jobs should have been completed successfully of value above Rs 1 Crore
(one crore) each, Global Operation/ Captive Centre in India, at
least three End to End IT Projects during preceding 03 years for each Job
Category/Categories Applied for the pre-qualification. Job Orders/Awards and their
successful Job Completion Certificates are essential.
5 ) Should have at least 75 Technical permanent employees/Resources on rolls for more than
two years.
1. The company/ Agency pre-qualified with KEONICS shall be called as Business Associate.
2. The pre-qualification of the Business Associate will be for a period of two years from the
date of issuance of letter of pre-qualification. The pre-qualification may be renewed on
request of the Business Associates, based on their performance on the job awards/job
orders during their pre-qualification period.
3. For business to be undertaken by KEONICS, it shall select its partner in the following
manner:-
a) For low value orders of less than Rs.1 lakh to be executed, quotation will be called
amongst the pre-qualified Business Associates. The Business Associate quoting
the lowest amount shall be its partner for executing such orders.
The selection of Business Associates subject to back to back they shall handle projects
up to 3 times of their average turnover. However, in case of proprietary /patented
products KEONICS may decide to deviate from the above rules and go for specific
consortium agreement with a specific business associate for business prospects
continuity.
5. Prequalified Business Associates should take prior consent from KEONICS before
approaching any client department for procuring orders. Subsequently, KEONICS will
participate in the bid based on the technical and financial competence of the prequalified
Business Associate who has initiated the order/work/job. If such orders/work/job are
procured by KEONICS on the strength of specific Business Associate such orders/work/job
will be allocated to the same Business Associate subject to verification of credentials of
such Business Associates.
6. All the correspondence with the client department will be done by KEONICS/Business
Associate.
7. The cost of Tender fee,. EMD, Security Deposit, Bank Guarantee and any other expenses
will be borne by pre-qualified Business Associate, on back to back basis as prescribed in
the respective Tender / RFP. Refund of EMD & Security Deposit and release of Bank
Guarantee as per respective Tender / RFP conditions.
8. The pre-qualified Business Associate shall sign Non Disclosure Agreement (NDA) and
Consortium Agreement with KEONICS either as per standard format of KEONICS or on
back to back basis as per the prescribed format in the respective Tender / RFP.
11.All payments from the client department shall be received through Cheque /Draft
favoring Karnataka State Electronics Development Corporation (KEONICS) payable at
Bengaluru. After receipt of the payment from the client department and running payment
may be released to the Business Associates as per the terms and conditions of the Job
order awarded to the Business Associate by KEONICS and review of the progress in
project.
12.KEONICS m a y s e l e c t l o w e r c a t e g o r y o f pre-qualified Business Associate without
considering their turnover criteria and their c a t e g o r y o f p r e -qualification. In such
cases lower c a t e g o r y pre-qualified Business Associate will have to submit Bank
Guarantee (BG) of 10% of order value to KEONICS in addition to the Bank Guarantee to
be borne by pre-qualified Business Associate, on back to back basis as prescribed in the
respective Tender / RFP. Release of Bank Guarantee after successful completion of the
project.
13.It shall be the responsibility of the Business Associate for the implementation and
execution of the project in which hardware items are also required in it. The Business
Associate shall procure the required hardware from the OEM/authorized dealer with
warrantee support from them. The Business Associate shall submit an undertaking that
they shall be deploying the required manpower/representative (with list of manpower
with their telephone numbers that may be given to the client department) to be
deployment/posted at the locations required in the project/required by the client
department for smooth services during implementation and warranty period.
14.The pre-qualification as Business Associate shall also be guided by the terms and
conditions given in the EOI document.
15.EOI received will be screened for requirements, experience and qualifications. KEONICS
may carry out physical inspection/verification of the information given by the bidder/
bidder’s infrastructure setup. The pre-qualification of successful bidders will be done
thereafter. The bidders may not necessarily be pre-qualified in the Categories in which
they have applied. The Business Associate will be selected on the basis of their existing
experience, manpower availability, technical competence and experience of related Job
category/ categories. Business Associate may apply for the pre-qualification in different
expertise / levels of competence.
16.Any Pre-conditions of the bidder submitted with the bid, shall not be binding on KEONICS.
17.No Business Associate will bid for a job where KEONICS is participating as bidder, if
KEONICS brings to the notice of all pre-qualified Business Associates in the respective
category. Any Business Associate found opposing KEONICS is liable to be disqualified
and his pre-qualification shall be cancelled and they will be barred from getting
themselves re-pre-qualified for a period of at least 5 years.
18.If a Business Associate represents and obtains work directly from any client by
mention of their pre-qualification in KEONICS, their pre-qualification shall stand cancelled
and any damages suffered by KEONICS shall be recovered from the Service Provider.
19.KEONICS reserves the right to inspect the site of the service provider at any
time and if the infrastructure is not found adequate as per this EOI document
requirements, the pre-qualification of the Business Associate will be cancelled.
20.If the Business Associate hides some information or gives a wrong information
or is found misrepresenting, pre-qualification of that Business Associate shall be
cancelled and KEONICS would not be under any obligation to give any clarification or
damages.
21.Business Associate shall not divulge any contents of this agreement, in part or whole
without express written permission of KEONICS.
22.The Business Associate shall have to be careful, diligent and show workman like manner
in conformity with the accepted standard practices as per industry norms.
23.Any dispute arising out of this pre-qualification process shall be subject to the
jurisdiction of Bengaluru only.
26. The pre-qualified Business Associates should submit nonrefundable royalty which has
validity for 2 years, drawn in favor of M/s. KEONICS Bangalore, as per the category and
amount indicated below;
Technical Others
16. Manpower details
(Total turnover of the bidder during the preceding 3 years supported by balance sheet)
2016-17
2017-18
2018-19
Note:-Use different sheet for each of the product/ project and services. The EOI has
classified 40 products/projects and services as per the list given in item 1.1 of the tender.
Bidders applying for more than one product/project/services have to use separate sheet
for each item.
ANNEXURE - 4
STATEMENT OF DEPLOYMENT OF MANPOWER
Period of the
project Number of person
Sl. Name of Location of (Month & Year deployed
No. Project the project Commenceme
nt enclosure) Technical Non-
Technical
NOTARISED AFFIDAVIT
Date:
Place:
ANNEXURE -6
VERIFICATION
DEPONENT
19
ANNEXURE - 7
Date:
Ref Number:
Dear Sir/Madam
(Partner details)
We hereby extend our full guarantee and warranty as per terms and conditions of
the tender and or the contract for the equipment and services offered against this
invitation for any tender offer by the M/s. (Partner name), We hereby commit to
the tender terms and conditions and will not withdraw our commitments during the
period of contract and or the period of pre- qualification.
Yours faithfully,
Authorized signatory
20
ANNEXURE - 8
AGREEMENT
This Agreement is made and entered on this ___ day of ___,
2019 at Bengaluru BY:
4) Second Party will sign Non Disclosure Agreement (NDA) with KEONICS on
back to back basis as per the prescribed format in the respective Tender /
RFP.
22
5) The Second Party will sign Consortium Agreement with KEONICS for
executing of the job order either as per standard format of KEONICS or on
back to back basis as per the prescribed format in the respective Tender /
RFP.
9) WARRANTIES:
10) TERMINATION:
a) By efflux of time
The First Party authorizes the Second Party to use the Logo of
the First Party with the limited purpose of this “Business
Agreement” and the Second Party undertakes not to misuse the
Logo of the First Party for any other purpose.
11.3 The parties hereto agree that they will lose all
reasonable efforts to resolve between themselves, any
dispute through negotiations. Any dispute or difference
between the parties arising out of the meaning of
any interpretation or import of this agreement or the
rights and liabilities shall be mutually discussed and
settled failing which it shall be adjudicated by reference
to the arbitration and the arbitrator shall be the
Managing Director of the KEONICS, Bangalore and
whose decision shall be final and binding on the parties.
The provisions of the Arbitration and Conciliation Act,
1996 is applicable to both the parties within the
24
jurisdiction of Bangalore.
14) CONFIDENTIALITY:
Both First & Second party have affixed their signatures to this
25
Agreement on the day, month and year above first mentioned at
Bengaluru.
Photo of
the
Authorized
signatory
of Second
Party
For, For
Karnataka State Electronics
Development Corporation Limited (Seal & Signature)
(Seal & Signature) (Second Party)
(First Party)
WITNESS
1.
2.
26
ANNEXURE - 9
NON-DISCLOSURE AGREEMENT
WHEREAS both the Parties herein wish to pursue discussions and negotiate with
each other for the purpose of Empanelling as a Business Associate for “Original
Equipment Manufacturers, Proprietary, Partnership, Public/Private Limited for
Supply, Installation and Commissioning, Execution and Maintenance for Various
Products and Projects” (“Proposed Transaction”);
AND WHEREAS, each Party wishes to review such Confidential Information of the
other for the sole purpose of determining their mutual interest in engaging in the
Proposed Transaction;
27
objects (including, without limitation, documents, prototypes, samples, media,
documentation, discs and code). Confidential information shall include, without
limitation, any materials, trade secrets, network information, configurations,
trademarks, brand name, know-how, business and marketing plans, financial and
operational information, and all other non-public information, material or data
relating to the current and/ or future business and operations of the Disclosing
Party and analysis, compilations, studies, summaries, extracts or other
documentation prepared by the Disclosing Party. Confidential Information may also
include information disclosed to the Receiving Party by third parties on behalf of the
Disclosing Party.
28
ii) was already in its possession free of any such restriction prior to
receipt from the Disclosing Party; or
iii)was independently developed by the Receiving Party without making use
of the Confidential Information; or
iv)has been approved for release or use (in either case without restriction) by
written authorisation of the Disclosing Party.
10. Each Party agrees that the conditions in this Agreement and
Confidential Information disclosed pursuant to this Agreement are of a special,
unique, and extraordinary character and that an impending or existing violation of
any provision of this Agreement would cause other Party irreparable injury for
which it would have no adequate remedy at law and further agrees that other Party
shall be entitled to obtain immediately injunctive relief prohibiting such violation, in
addition to any other rights and remedies available to it at law or in equity.
12. Neither Party shall be liable for any special, consequential, incidental
or exemplary damages or loss (or any lost profits, savings or business opportunity)
29
regardless of whether a Party was advised of the possibility of the damage or loss
asserted.
13. Both Parties agree that by virtue of the Parties entering into this
Agreement neither Party is obligated to disclose all or any Confidential Information
to the other as stated in this Agreement. The Parties reserve right to disclose only
such information at its discretion and which it thinks, is necessary to disclose in
relation to the Proposed Transaction.
14. Both the Parties agree that this Agreement will be effective from the
date of execution of this Agreement by both Parties and shall continue to be
effective for a period of one (01) years, unless the Proposed Transaction is
terminated earlier by either Party by giving a thirty (30) days notice, in case either
Party foresees that the Proposed Transaction would not be achieved.
Notwithstanding anything contained herein, the provisions of this Agreement shall
survive and continue after expiration or termination of this Agreement for a further
period of three year(s) from the date of expiration. It being further clarified that
notwithstanding anything contained herein, in case a binding agreement is
executed between the Parties in furtherance of the Proposed Transaction, the terms
and conditions of this Agreement shall become effective and form a part of that
binding agreement and be co-terminus with such binding agreement and shall be in
effect till the term of such binding agreement and shall after its expiry and or early
termination shall continue to be in force for three (3) years after the termination of
the binding agreement. However, it is clarified that nothing contained in this
agreement acts as a promise or covenant to enter into a further definitive
agreement.
15. Each Party warrants that it has the authority to enter into this
Agreement.
18. The relationship between both the Parties to this Agreement shall be
on a principal-to-principal basis and nothing in this agreement shall be deemed to
have created a relationship of an agent or partner between the parties and none of
the employees of COMPANY shall be considered as employees of Bosch.
30
19. This Agreement shall be governed by laws of India and the exclusive
jurisdiction of the Courts in Bangalore shall apply. Any dispute or claim arising out
of or in connection herewith, or the breach, termination or invalidity thereof, shall
be settled by arbitration in accordance with the provisions of Procedure of the
Indian Arbitration & Conciliation Act, 1996. The arbitration tribunal shall be
composed of a sole arbitrator, and such arbitrator shall be appointed mutually by
the Parties. The place of arbitration shall be Bangalore, India and the arbitration
proceedings shall take place in the English language.
IN WITNESS WHEREOF, THE PARTIES HERETO HAVE EXECUTED THIS CONFIDENTIALITY AGREEMENT
IN DUPLICATE BY AFFIXING THE SIGNATURE OF THE AUTHORISED REPRESENTATIVES AS OF THE
DATE HEREIN ABOVE MENTIONED.
Name Name
Désignation Désignation
Place Bangalore Place Bangalore
Date Date
Signature 2
Name
Désignation
Place Bangalore
Date
Widnes 1 Witness 1
Name Name
Désignation Désignation
Place Bangalore Place
Date Date
31
ANNEXURE - 10
CONSORTIUM AGREEMENT
This Consortium Agreement (“Agreement”) is entered into on this, the ____ day of
______ month, 2016 at Bangalore.
BY AND BETWEEN
AND
For the purposes of this Agreement, KEONICS and ------------- shall be individually
referred to as “Party” and collectively as “Parties”.
WHEREAS:
32
and are eligible for consideration as consortium partner. ------------------
----------------------------------------. M/s. ------------- qualify as per the
tender conditions and hence this agreement.
1.1 Definitions
1.1.1 “Agreement” shall mean this Consortium Agreement entered into on the
Effective Date;
1.1.2 “Applicable Laws” shall mean all applicable laws, bye-laws, statutes, rules,
regulations, orders, ordinances, notifications, codes, guidelines, policies,
notices, directions, writs, injunctions, judgments, decrees or other
requirements or official directive of any court of competent authority or of
any competent governmental authority or person acting under the authority
of any court of competent authority or of any competent governmental
authority of the Republic of India, whether in effect on the date of this
Agreement or thereafter;
1.1.3 “Bid” shall have the meaning given to it in Clause 2.1 of this Agreement;
1.1.4 “Business Day” shall mean any day other than a Saturday, Sunday or a
day on which either the state or national banks in India are not open for the
conduct of normal banking business;
1.1.5“Claim” shall have the meaning given to it in Clause 10.1 of this Agreement;
A. Any and all information, whether written, oral or otherwise, concerning the
business, operations, prospects, trade secrets and confidential, technical and
business information or data in whatever form including, without limitation,
any commercial, financial, technical or operational information, product
33
specifications, data, data analysis and materials concerning current, future or
proposed equipment, materials, apparatus, processes, formulations, graphs,
notes, extracts, materials, reports, design specifications, charts, studies,
photographs, samples, techniques, drawings, specifications, production
quantities, costs, suppliers, customers, know-how, business concepts, prices
and pricing methods, marketing information, existing or planned projects,
technology, finances (including revenue projections, cost summaries, pricing
formulae), clientele, current and anticipated customer requirements,
markets, market studies and the like which is disclosed by the Disclosing
Party to the Receiving Party and all analyses, compilations, studies,
prototypes or other documents or materials prepared by the Receiving Party
which may incorporate such information; and
34
1.1.14“Tender Contract” shall have the meaning given to it in Clause 5.1.1 of this
Agreement;
1.2 Interpretation
1.2.1 The headings and indices are inserted for reference only and shall not affect
the construction/interpretation of this Agreement;
1.2.2 This Agreement is divided into Clauses, each Clause consisting of sub-
clauses;
1.2.3 All schedules and annexure to the Agreement, including those as modified
or amended from time to time by the Parties after mutual consent, shall be
deemed to be a part of the Agreement;
1.2.4 Where the day by which anything is to be done is not a Business Day, that
thing must be done by the successive Business Day;
CLAUSE. 2 COLLABORATION
2.1 KEONICS proposes to submit a technical and financial bid under the two-cover
system in response to the Tender for which PARTNER has agreed in
compliance with the term and conditions of the Tender (“Bid”).
35
2.2 In addition to conforming to the terms and conditions of the Tender, PARTNER
agrees that it will also comply with the requirements specified under this
Agreement.
2.3 Further, the Parties also agree that upon submission of the Bid, the Parties
shall not submit alternative or competitive bids for the same tender in their
individual capacities or in collaboration with any third party for the Tender.
3.1.1 The Parties agree that KEONICS will be responsible for the preparation and
procurement of any and all documents as may be necessary for the
submission of the Bid.
3.1.2 Such documents prepared and procured by KEONICS shall not be included in
the Bid unless expressly confirmed by PARTNER.
3.2.1 PARTNER agrees that it will provide valid and legally binding Support and
Maintenance in accordance with the terms and conditions of the Tender.
4.1.1 The Parties agree that all documents required to be submitted for the
Tender under the Bid will be submitted on or before the last date for
submission of documents as specified in the Tender.
4.2.1 The Parties understand that due to the Bid being submitted in the name of
KEONICS, that the responsibility for payment of any earnest money deposit
in accordance with the terms and conditions of the Tender will lie with
KEONICS.
36
4.3 Clarifications and Corrections
4.3.1 In the circumstance that the Procurement Entity requires any clarifications
or corrections to be submitted in relation to the Bid, the Parties agree that
they will jointly prepare and submit such clarification or correction to the
Bid.
4.4.1 The Parties agree that 1 (one) representative from each Party shall be
present at any and all bid opening meetings conducted by the Procurement
Entity in relation to the Tender.
5.1.1 Upon KEONICS being awarded a contract in relation to a Bid submitted for
the Tender, the Parties agree that KEONICS will be the sole signatory for
such tender agreement with the Procurement Entity (“Tender Contract”).
5.3.1 PARTNER shall be responsible for services & products and supply the same
to KEONICS after receipt of LOA.
5.3.2 KEONICS shall procure the services & products supplied by the PARTNER for
execution of the orders of the tender.
37
5.3.3 KEONICS shall be responsible for despatch, delivery and execution of the
project and may entrust the same to PARTNER/or any other competent
parties.
5.3.4 KEONICS and PARTNER will maintain offices and manpower at project
locations as per terms and conditions of the tender.
5.3.5 Subsequent to supply and installation, KEONICS and ------------- will jointly
work for obtaining the Work Completion Certificates.
7.1 PARTNER agrees that it will be responsible for providing support for --------
------------ year warranty and ---------------year AMC period for PROJECT as
per terms and conditions of the tender.
7.2 The Service Response Time will be as per terms and conditions of the tender.
CLAUSE.8 CONFIDENTIALITY
8.1 Each of the Parties agrees that, it will treat as confidential and not use for its
own purposes or disclose without the prior written consent of the other Party
to any third party any Confidential Information, including, without limitation,
any operational or technical data, know-how or other information, business
and strategic plans, discoveries, production methods, designs, financial and
accounting information, sales and marketing data, customer lists and
information, except for the cases where such information:
38
8.1.3 subsequently passes into the public domain other than through the violation
of this Agreement, or
CLAUSE.9 INDEMNITY
9.1 PARTNER will indemnify and hold harmless KEONICS, its officers, directors,
employees, sub-licensees, customers and agents from any and all claims,
losses, liabilities, damages, expenses and costs (including attorneys’ fees and
court costs) which result from a breach or alleged breach of this Agreement,
failure to supply the Products, and any other breach by PARTNER M/s. ---------
---- undertakes to bear cost of any litigations arising of the tender.
10.1 The Parties acknowledge and agree that in no event shall either Party be liable
to the other for any special, indirect, incidental or consequential damages in
any way relating to the projects, products and services proposed to be
implemented, even if such Party has been notified of the possibility or
likelihood of such damages occurring. In no event will either Party’s liability for
any damages to the other Party or to any third party arising out of or relating
to the project, products and services proposed to be implemented, ever
exceed the value of such project, product or service, regardless of the form of
action, whether in contract, negligence, product liability or otherwise.
11.1 Subject to the provisions made in Clause 12.3, the Parties hereby submit to
the exclusive jurisdiction of the courts of Bangalore, India.
39
11.2 All disputes arising out of or in relation to this Agreement shall be settled
amicably by the Parties. In the event no amicable settlement is arrived at
within a period of thirty (30) days from the date of first initiation of the dispute
by one Party to other, the Parties shall resolve the dispute by means of
arbitration pursuant to the Arbitration and Conciliation Act, 1996.
11.4.1. The arbitration proceedings shall be conducted in English language only and
the venue for arbitration shall be Bangalore, India;
11.4.2.The award of the arbitral tribunal shall be final and binding on the Parties.
12.1 The Parties agree that this Agreement is being entered into solely for the
purposes of the Tender and hence, will commence on the Effective Date and
will terminate automatically either upon (“Term”):
12.2 Notwithstanding the above, KEONICS will have the power to terminate this
Agreement prior to the completion of the Term by providing 30 (thirty) days’
notice to PARTNER upon occurrence of any of the following events:
12.2.1 Breach of any of the terms and conditions of this Agreement by PARTNER.
12.2.2 Breach of any and all representations and warranties provided by PARTNER
under this Agreement;
40
12.2.4 Failure by PARTNER to provide any Support in accordance with this
Agreement and the Tender Contract.
12.2.5 Notwiths
tanding the above PARTNER will have the power to terminate this Agreement prior
to the completion of the Term by providing 30 (thirty) days’ notice to
KEONICS upon occurrence of any of the following events:
12.2.6 Breach of any of the terms and conditions of this Agreement by KEONICS;
CLAUSE.13 ASSIGNMENT
13.1This Agreement will ensure to the benefit of and be binding upon the Parties
and their respective legal heirs, successors and/or permitted assigns, as the
case may be. This Agreement shall not be assigned by any of the Parties
without the prior written consent of the other Parties.
CLAUSE.14 SEVERABILITY
CLAUSE.15 NOTICES
51.1 Any notice or other communication required to be sent under this Agreement
shall be sent or delivered to the receiving party at the postal address and e-
mail set forth below, or at such other address as the Parties may from time to
time designate in writing:
41
Kind The Managing Director, KEONICS
Attention
IN THE CASE
OF NOTICES Address 2nd Floor, A Block, BMTC TTMC Building, KH
TO KEONICS Road, Shanthinagar, Bangalore - 560 027
15.2 Any notice or other communication shall be sent by speed post or registered
mail, email, and facsimile or by hand delivery. All notices referred in this
Agreement or other communications shall be deemed to have been duly given
or made:
15.2.1 7 (seven) Business Days after being deposited in the mail with postage pre-
paid; and
16.1 KEONICS and PARTNER are and at all times shall be and remain independent
contractors as to each other, and at no time shall either be deemed to be the
agent of the other, and no joint venture, partnership, agency or other
relationship shall be created or implied hereby or here from. Except as is
expressly set forth herein, each Party shall bear full and sole responsibility for
its own expenses, liabilities, costs of operation and the like.
CLAUSE.17 COUNTERPARTS
17.1 This Agreement may be executed in one or more counterparts, each of which
will be deemed to be an original and all such counterparts will together
constitute one and the same Agreement.
42
CLAUSE. 18 ENTIRE UNDERSTANDING
18.1 This Agreement contains the entire understanding between the Parties,
superseding all prior communications, agreements, and understandings
between the Parties with respect to the Purpose of this Agreement.
IN WITNESS WHEREOF the Parties have executed this Agreement on the day,
month, and year mentioned above.
WITNESS:
1.
43
ANNEXURE - 11
Bank Guarantee
1. Any such written demand made by the Authority stating that the Business
Associate is in default of the due and faithful fulfillment and compliance with
the terms and conditions contained in the Letter of Intent shall be final,
conclusive and binding on the Bank.
2. We, the Bank, do hereby unconditionally undertake to pay the amounts due
and payable under this Guarantee without any demur, reservation, recourse,
contest or protest and without any reference to the Business Associate or any
other person and irrespective of whether the claim of the Authority is
disputed by the Business Associate or not merely on the first demand from
the Authority stating that the amount claimed is due to the Authority by
reason of failure of the Business Associate to fulfill and comply with the
terms and conditions contained in the Letter of Intent including failure of the
said Business Associate to keep its offer open during the validity period as
44
set forth in the said Letter of Intent for any reason whatsoever. Any such
demand made on the Bank shall be conclusive as regards amount due and
payable by the Bank under this Guarantee. However, our liability under this
Guarantee shall be restricted to an amount not exceeding Rs._________
(Rupees _________ only)
3. This Guarantee shall be irrevocable and remain in full force for a period of 6
months (six months) from the signing of the contract including claim period
of 90 (ninety) days or for such extended period as may be mutually agreed
between the Authority and the Business Associate, and agreed to by the
Bank, and shall continue to be enforceable till all amounts under this
Guarantee have been paid.
4. We, the Bank, further agree that the Authority shall be the sole judge to
decide as to whether the Business Associate is in default of due and faithful
fulfillment and compliance with the terms and conditions contained in the
Letter of Intent including, inter alia, the failure of the Business Associate to
keep its Bid open during the Bid validity period set forth in the said Letter of
Intent, and the decision of the Authority that the Business Associate is in
default as aforesaid shall be final and binding on us, notwithstanding any
differences between the Authority and the Business Associate or any dispute
pending before any Court, Tribunal, Arbitrator or any other Authority.
6. In order to give full effect to this Guarantee, the Authority shall be entitled to
treat the Bank as the principal debtor. The Authority shall have the fullest
liberty without affecting in any way the liability of the Bank under this
Guarantee from time to time to vary any of the terms and conditions
contained in the said Letter of Intent or to extend time for submission of the
Bids or the Bid validity period or the period for conveying acceptance of
Letter of Award by the Business Associate or the period for fulfillment and
compliance with all or any of the terms and conditions contained in the said
Letter of Intent by the said Business Associate or to postpone for any time
and from time to time any of the powers exercisable by it against the said
Business Associate and either to enforce or forbear from enforcing any of
the terms and conditions contained in the said Letter of Intent or the
securities available to the Authority, and the Bank shall not be released from
45
its liability under these presents by any exercise by the Authority of the
liberty with reference to the matters aforesaid or by reason of time being
given to the said Business Associate or any other forbearance, act or
omission on the part of the Authority or any indulgence by the Authority to
the said Business Associate or by any change in the constitution of the
Authority or its absorption, merger or amalgamation with any other person or
any other matter or thing whatsoever which under the law relating to
sureties would but for this provision have the effect of releasing the Bank
from its such liability.
9. It shall not be necessary for the Authority to proceed against the said
Business Associate before proceeding against the Bank and the guarantee
herein contained shall be enforceable against the Bank, notwithstanding any
other security which the Authority may have obtained from the said Business
Associate or any other person and which shall, at the time then proceedings
are taken against the Bank hereunder, be outstanding or unrealised.
10.We, the Bank, further undertake not to revoke this Guarantee during its
currency except with the previous express consent of the Authority in writing.
11.The Bank declares that it has power to issue this Guarantee and discharge
the obligations contemplated herein, the undersigned is duly authorized and
has full power to execute this Guarantee for and on behalf of the Bank.
46
KARNATAKA STATE ELECTRONICS DEVELOPMENT CORPORATION LTD
2nd Floor, A Block, BMTC Complex, Shanthinagar, KH Road, BANGALORE- 560001.
FAX: 080-22232652, 080-22225645
DIRECTOR (OPERATIONS)
47