Terms of BMC’s Global Tender
According to the tender issued by the BMC, the bidder will be bound to supply the COVID-19 vaccine in the three weeks following the placing of work order, follow all DCGI and ICMR guidelines and get their permission.
The vaccine company will be required to quote the price of each vaccine, including all taxes. If the BMC falls short of the cold storages needed for the doses, the supplier company will comply and provide additional cold storage and cold chains to the corporation.
Apart from this, vaccines with less than 60 percent of residual shelf life will not be purchased.
If the firm picked does not supply the vaccine within the stipulated time, then another bidder will be considered.
Additionally, no advance payment will be made for the purchase. If the vaccine is not supplied within the stipulated time, the company will be fined 1 percent per day or 10 percent of the entire contract, whichever is higher, until the vaccine is delivered.
If the vaccine…