2 Eligibility Criteria Eligibility Criteria 4 3 Scope of work Scope of work 4

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1 1 Name of Work: Procurement & Installation of Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) & Desktop Type Currency Counting Machine for the Branch Offices under Divisional Office, Surat. The Tender consists of following Parts. SN. Particular Mentioned As Page No. 1 Letter To Prospective Manufacturer /Vendor/Firm from Senior Divisional Manager Letter of Invitation 2 &3 2 Eligibility Criteria Eligibility Criteria 4 3 Scope of work Scope of work 4 4 Technical Specifications of Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine). 5 Technical Specifications of Desktop Type Currency Counting Machine Table A 5 to 6 Table B 7 6 Instructions for Submission of Tenders Instructions for Submission of Tenders 7 Terms And Conditions Terms And Conditions 9 to 10 Governing The Contract 8 List Of Offices Location wise Annexure -A 11 9 Declaration by Firm/Company Annexure-B Technical Bid for Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) 11 Technical Bid Note Counting Machine Desktop Type Annexure-C 13 to 15 Annexure-D 16 to Price Bid for Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) 13 Price Bid for Note Counting Machine Floor Type Annexure-E 18 to 19 Annexure-F 20 to 21 Letter to Prospective Vendor/Firm from

2 2 To. Letter of Invitation for Tender... Life Insurance Corporation of India, Divisional Office Surat invites sealed tenders under Two Bid Systems from the eligible vendors for procurement and installation of the following 1. Note Counting Cum Fake/Suspected Note Detection Machines (Note Authentication Machines) under Rate Contract for one year. 2. Desktop Type Currency Counting Machine approximately 30 (within range of +/-25%) under Running Contract for one year for its various Branches located in the various places under Surat Divisional Office (Location wise list of branches/satellite offices is given in Annexure--A) Tendering Schedule with particulars is given below: SN. Subject Particular 1 Issuing date of tender Tender Fee. Rs. 200/- ( Two Hundred Only) non refundable 3 Earnest Money Deposit Rs /- (Rs. Thirty Thousand only). Non-interest bearing. (EMD) 4 Timing of cash counter. From Monday to Friday am to 3.30 pm On Saturday am to pm 5 Address for submission of Bids The Chairman, Store Committee LIC of India, OS Department Ground Floor, JEEVAN PRAKASH BLDG MUGLISARA,SURAT , GUJARAT 6 Last date of issue Tender till 3.00 pm 7 Last date of Submission of Tender till 3.00 pm

3 8 Technical Bid Opening date at am. ( Tendrer or his representative is invited to remain present ) 3 9 Venue of opening Technical Bid LIC Of India, Divisional Office OS Department Ground Floor, JEEVAN PRAKASH BLDG Opp. SMC Muglisara, Surat , Gujarat. 10 Price Bid opening date/venue Price Bid will be opened on later date which will be intimated separately to technical Bid qualifiers only. 11 Contact detail os.surat@licindia.com Administrative Officer (OS) STD-261 Phone , Manager (OS), phone , Validity of tender Six month from date of opening the tender. 13 Official website (URL) NO COMMITMENT TO ACCEPT LOWEST OR ANY TENDER The LIC shall be under no obligation to accept the lowest or any other offer received in response to this tender and shall be entitled to reject any or all offers without assigning any reasons whatsoever Eligibility Criteria

4 4 1. Manufacturer of Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) should already been empanelled by at least three Public Sector Bank. 2. Manufacture/Firm/Vendor should be willing to give AMC for at least five years. The AMC should include up gradation of security features introduced by RBI from time to time. 3. Manufacture/Firm/Vendor should not be disqualified by any PSU, Bank /LIC of India Office for supply of Note Counting Cum Fake / Suspected Note Detection Machines (Note Authentication Machine) & Desktop Type Currency Counting Machine SCOPE OF WORK The Successful Tenderer has to supply and install Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) & Desktop Type Currency Counting Machine in Cash Counters of Our Branches/Satellite Offices located as given in Annexure-A. The vendor is expected to maintain the supplied Machines for at least Five years after the expiry of warranty period. The machine should be serviced on quarterly basis as per AMC & whenever required. Table A:

5 5 Technical Specifications NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) Sr. No. Technical Specification/Requirement Desirable 1 Note Authentication As per R.B.I. guidelines 2005 and Further guidelines issued from time to time, Note should be examined for Authenticity through machine. 2 Public Sector Banks already been empanelled for the Machine offered Minimum three Public Sector Banks. 3 Counting Speed Minimum 1000 Notes/Minute 4 Feeder Capacity 200 Notes 5 Holder Capacity 300 Notes 6 Display Front and customer display 7 Power Supply 220V +/- 10%, 50Hz AC supply 8 Power Consumption < volts 9 Weight Less then 10 Kg Approx 10 Software upgrade facility (Without any extra cost) 11 Double Note/Chain Note/Half Note detection Provision for up-gradation of software according to the RBI guidelines issued from time to time Yes 12 Inbuilt metal gear for durability Yes 13 Availability of spares parts For 05 years at least (undertaking from vendor required) 15 Faulty section check through Program Yes 16 Separate pocket for fake/suspect/ reject notes All fake/ suspect /reject notes should come in separate pocket

6 6 (One + One pocket) 17 Cut Note /Double note/chain Note Detection Yes 18 Hopper adjustment Facility is required 19 In running condition every key operated Yes 20 Batch Mode 100, 50, 20, 10, 5 & as per our requirement 21 Read magnifying thread level in digital Yes 22 Sensors Installed Full width Contact Image Sensor (CIS) Magnetic, Ultraviolet and Infrared. 23 Capable of counting All denominations of fresh/soiled Indian currencies including new 2000 & 500 Notes Table B: Technical Specifications of DesktopType Currency Counting Machine

7 7 Sr. No. Technical Desirable Specification/Requirement 1. Feed System Vacuum Suction type feed system 2 Counting Speed 1000 notes per minute or better 3 Sacker capacity 200 Notes 4 Hooper Capacity 200 Notes 5 Display Front and customer display 6 Power Supply 220 V +/- 10%, 50Hz AC supply 7 Special Modes Free count, Add, Batch, Check 8 Availability of spares parts For 05 years at least 9 Cut Note/ Chain Note/Counterfeit Note Detection Yes 10 Sensor installed Ultraviolet and Magnetic (UV & MG) 11 Capable of counting All denominations of fresh/soiled Indian currencies including new 2000 & 500 Notes 12 Weight Less then 7 kg Instructions for Submission of Tenders

8 1) Prospective Firm/Company has to ensure that it is eligible as per eligibility criteria 2) The rates shall be quoted in words and in figures. The quoted rate should be filled in neatly & should be legible. If there is difference of rate in words & figure, the price quoted in words will be taken into consideration for deciding PRICE BID. 3) Earnest Money Deposit of Rs 30,000 (thirty Thousand only) and Tender Form Fee of Rs 200 (two hundred only) favoring LIC of India payable at Surat in the form of Demand Draft issued by a Scheduled Commercial Bank must be submitted along with Technical Bid. 4) The rate quoted should be inclusive of all taxes, duties, levies, transportation charges, Octroi, installation charges in Branches as per Annexure- F etc and nothing extra shall be paid on any account. 5) The tenderers should ensure that their tender is received on or before the date and time specified in Tender Schedule. LIC will not be responsible in any manner for any postal delay loss or nonreceipt of the tender for whatsoever reason. 6) All pages of the Tender should be signed and correction and alteration should also be signed by authorized official of the Firm. 7) Tender should be submitted in a large envelop containing two separate sealed envelops as per the following details:- Envelop No-1 should contain (i). Tender Fees (DD/Pay Order) (ii). Earnest Money Deposit (DD/ Pay Order). (iii)tender papers (Page-1 to -16) duly signed on each paper with seal of the firm. Envelop No-2. Shall Contain PRICE BID (ANNEXURE E & ANNEXURE F ) 8) The Envelop No-2 should inscribed with Tender for Supply of NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & DESKTOP TYPE CURRENCY COUNTING MACHINE PRICE BID 9) The large envelop containing the above two separate sealed envelops should be super scribed with TENDER FOR PROVIDING NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & DESKTOP TYPE CURRENCY COUNTING MACHINE and shall be submitted to the following: The Chairman, Store Committee, LIC OF INDIA, OS DEPARTMENT GROUND FLOOR, JEEVAN PRAKASH Bldg MUGLISARA, SURAT Terms And Conditions Governing The Contract 8

9 1. VALIDITY PERIOD OF THE OFFER: The offer should remain valid for a period of one year from the date of first purchase order. 2. EVALUATION PROCESS Technical Offers will be evaluated on the basis of compliance with eligibility criteria, technical specification, other terms and conditions stipulated in the tender. Technical evaluation will also include presentation followed by live demonstration before our Store Committee at the time and date to be decided by the LIC & if they desire then One or two machines will be used for one or two weeks at our branches for correct feedback. PRICE BID Offers of only those Vendors who qualify in the technical evaluation will be opened. 3. RIGHT TO ALTER QUANTITIES: The LIC will be free to either reduce or increase the quantity to be purchased on the same price, terms and conditions. The LIC reserves the right to alter quantities. The LIC also reserves the right to place further/repeat order on same rate, terms and conditions within a period of 12 months. 4. PAYMENT TERMS: The terms of payment are as under:no advance payment against purchase order. The rates quoted shall include all taxes, duties; service taxes etc. and nothing shall be paid on any account. Payment will be released on receipt & after installation, successful commissioning/ functioning of the NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & FLOOR STANDING TYPE CURRENCY COUNTING MACHINE as the case may be at site, against submission of the following documents: (i) Signed Commercial Invoice. (ii) (iii) (iv) Manufacturers / Vendors Inspection and Test Certificate. Certificate of Insurance covering all risks during storage, installation, commissioning, testing and handling, including third party liabilities, till installation and functioning of machine at site. Our Britches s duly signed and sealed Performance Certificate after observing functioning of the machines for minimum period of 07 days. 5. Security Deposit (SD): Security deposit in the nature of performance guarantee shall be payable by the successful 10% of the contracted value if total value of Order exceeds 10 lakh. The EMD will be converted into SD and the balance amount of SD shall be accepted either in the form of Demand Draft / Bankers Cheque, or Bank Guarantees through Scheduled Banks. The Security deposits shall not carry any interest. GUARANTEE : The equipment delivered to the LIC should be brand new, including components. The vendor should also guarantee that all the machines / components supplied by the vendor is licensed and legally obtained. 6. Penalty During defect liability period (warranty period)vendor should attend to all repairs / defect / replacement of spare parts free of cost. Failure on the part of the vendor to remove the defects within 2 to 3 days from date of intimation of defects to Vendor. In the event of failure 9

10 to remove the defects within 2 to 3 days the penalty will be decided by & imposed by the Competent Authority. Competent authority if satisfied may waive the penalty under special circumstances. 7. AVAILABILITY OF SPARES after Warranty period Spares for the product offered should be readily available for at least 05 years for immediate replacement/repair within 24 hours to 48 hours, failing which the LIC will reserve the right to impose penalty of Rs. 100/- from third day onwards till NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & Floor standing type currency counting machine is repaired. Competent authority if satisfied may waive the penalty under special circumstances. 8. WARRANTY The offer must include comprehensive on-site warranty of one-year from the date of installation and commissioning of the machine. Vendors shall be fully responsible for the manufacturer's warranty in respect of proper design, quality and workmanship of all machines, accessories, etc. covered by the offer. Vendor must warrant all machines, accessories, spare parts, etc. against any manufacturing defect during the warranty period. During the warranty period, vendor shall maintain the machine and repair / replace all the defective components at the installed site, at no additional charge to the LIC. The rates quoted shall include all taxes, duties; service taxes etc. and nothing shall be paid on any account. 9. ANNUAL MAINTENANCE CONTRACT The vendor is expected to maintain the supplied Machine for at least Five years after the expiry of warranty period. Comprehensive onsite maintenance charges, for the post warranty period, must by quoted in rupees per machine per year, in the Commercial Offer. The vendor is expected to ensure same maintenance standards as during warranty period. Servicing of the machine will be done on quarterly basis and the payment of AMC will be made after submission of bill. If any branch is not visited than a penalty may be imposed by the LIC. Also the vendor should ensure that the machine reported breakdown / malfunctioning on any working day is set right by on the same day and in no case later than the next working day. In case, equipment cannot be repaired within the stipulated period, the vendor should provide replacement of the same till the machine is returned duly repaired. At the same time, the vendor is also expected to make available the spare parts for the systems for at least 05 years after the expiry of warranty period. The vendor will also have to keep Security deposit with Life Insurance Corporation of India,up to 10% of total AMC amount (Per annum). 10 List of Offices under al Office ANNEXUER- A 1. LIC Divisional Office Jeevan Prakash Bldg Muglisara,Surat

11 2. CBO-1 Branch, LIC Building, LIC Divisional Office Premises Muglisara, Surat CBO-2 Branch, Jeevan Prakash Bldg Muglisara 1st floor, Muglisara, Surat CBO-3 Branch, Jeevan Prakash Bldg Muglisara Fourth floor, Muglisara, Surat CBO-4 Branch, Jeevan Prakash Bldg Muglisara Third floor, Muglisara, Surat CBO-5 Branch, Udhna Udhyognager Sahakari Sangh Ltd. Central Road No-10, Udhna, Surat CBO-6 Branch, Yash Plaza First Floor, Opp- Dhanamal Mill Compound, Varachha Road CBO-7 Branch, Jeevan Sammrudhi First Floor, Timaliawad, Nanpura, Surat CBO-8 Branch, Dhanmora Complex Rander Road, Adajan Patia, Surat CBO-9 Branch Dhanvantari Complex 2nd floor, B/h Ayurvedik Collage, Sumul Dairy Road, Surat CBO-10 Branch Jeevan Sammrudhi Second Floor, Timaliawad, Nanpura, Surat CBO-11 Branch Udhna Udhyognager Sahakari Sangh Ltd. Central Road No-10, Udhna, Surat CBO-12 Branch, 105, 106, Trinity Business Park L P Sawani Road Adajan, Surat Customer Zone, G-02, Aditya Complex, opp- Prime Arcade, Anand Mahal Road, Surat CLIA Branch, 1st floor, Mangaldeep Complex, opp- Varachha Police Station,Varachha Main Road, Varachaa, Surat Chikhli Branch, Jaydeep Shopping Complex Nr. Jaydeep Cinema, Chikhli Bardoli Branch, Nav Ratna Tower 1st floor, Sardar Baug, Station Road, Bardoli Bilimora Branch Sai Arcade, 1st & 3rd Floor, City Serve No-2875/D, Sheet No-55, Desara, Bilimora Navsari Branch No-1 Sardar Patel Bhavan Municipal Corporation Bldg. Navsari (East) Navsari Branch No-2 Executive Point 2nd & 3rd floor, Sattapirni Galli, Sadimarket, Navsari Valsad Branch No-1 Jeevan Jyoti Opp- Main Post Office, PB No-05, Halar Road, Valsad Valsad Branch No-2 Jeevan Jyoti Opp- Main Post Office, PB No-05, Halar Road, Valsad Vyara Branch, DNC Market, Opp-Bus Stop, First Floor, Vyara, Dist-Tapi Vapi Branch, Nagarpalika Building, P O Box No-61 Opp-Machharama, Pandit J N Road, 1st floor, Nr. Railway Station, Vapi. 25. Satellite Offices of CBO-5 Branch: U-1/2 Subhlaxmi Apartment City- Light Surat. 26. Satellite Offices CBO-9 Branch : 213/214/215- Vihar Co-op Housing Society, Valinath Chowk, Singanpore, Katargam Road, Surat Sattellite Office of CBO-9 Branch in Amroli, 201,NEW ESCON Plaza, Amroli Road Surat ( under proposal stage) 28. Satellite Offices Vapi Branch in Daman,1 st Floor, Anuradha Complex,Mashal chowk, Airport Road, Daman (U T) 29. Satellite Offices of Vapi Branch GIDC Commercial Bldg. No 1, Near Gunjan Cinema, GIDC, Vapi. 30. Satellite Offices of Vapi Branch in Silvassa.- IDBI Bank Building, Opp- Patel Petrol pump Silvassa Road, Amli, Silvasa (U T ) 31. Satellite Offices of CBO-6 in Kimvati Complex First Floor KIM Khatodara 11 ANNEXURE- B Declaration by Firm/Company (Letter to the LIC on the/firm s Letterhead)

12 12 The Sr. Divisional Manager, LIC of India, Divisional Office, Jeevan Prkash Bldg, Muglisara, Surat, Gujarat Respected Madam/Sir, Sub: Your Tender Enquiry for NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & DESKTOP TYPE CURRENCY COUNTING MACHINE With reference to the above Tender Enquiry, having examined and understood the instructions, terms and conditions, we hereby enclose our offer duly sealed and signed by the authorised person. We submit the proof that the Note Counting Cum Fake /Suspected Note Detection Machines (Note Authentication Machine) have already been empanelled by Public Sector Banks and their names are: Further we declare that we have not been disqualified by any PSU, Bank /LIC of India Office for supply of NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) & Desktop Type Currency Counting Machine We also confirm that the offer is in conformity with the terms and conditions as mentioned in the Tender Enquiry and all required information as per tender document. We hereby undertake that the equipment to be delivered to the LIC will be brand new including all components and the spare parts of the Machine will be available for minimum 5 years. We also declare that the equipment and its parts are licensed and legally obtained. We understand that the LIC is not bound to accept the offer either in part or in full and that the LIC has right to reject the offer in full or in part without assigning any reasons whatsoever. We also enclose Demand Draft for Rs. 30,000/ EMD (refundable) favoring LIC of India and payable at Surat, details of the same are as under: Demand Draft No. : Date of Demand Draft: Name of Issuing Bank: TECHNICAL BID: - Annexure- C

13 13 NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE). Name of the Company With Regd. Address Please indicate the name of Name of Public Sector Banks three Public Sector Banks (i). already been empanelled for the NOTE COUNTING CUM (ii). FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) being offered by (iii) (Necessary copy of Supply order of the above Banks to be submitted) you Sr. Technical No Specification/Requirement Desirable Pl indicate Yes Or NO. 1 Note Authentication As per R.B.I. guidelines 2005 and Further guidelines issued from time to time, Note should be examined for Authenticity through machine. 2 Counting Speed Minimum 1000 Notes/Minute 3 Feeder Capacity 200 Notes 4 Holder Capacity 300 Notes 5 Display Front and customer display

14 14 6 Power Supply 220V +/- 10%, 50Hz AC supply 7 Power Consumption < volts 8 Weight Less then 10 Kg Approx Weight Kg 9 Software upgrade facility (Without any extra cost) Provision for up-gradation of software according to the RBI guidelines issued from time to time 10 Double Note/Chain Note/Half Note detection Yes 11 Inbuilt metal gear for durability Yes 12 Availability of spares parts For 05 years at least (undertaking from vendor required) 13 Faulty section check through Yes Program 14 Separate pocket for fake/suspect/reject notes (One + One pocket) All fake/ suspect /reject notes should come in separate pocket 15 Cut Note /Double note/chain Note Detection Yes 16 Hopper adjustment Facility is required

15 15 17 In running condition every key operated Yes 18 Batch Mode 100, 50, 20, 10, 5 & as per our requirement 19 Read magnifying thread level in digital Yes 20 Sensors Installed Full width Contact Image Sensor (CIS) Magnetic, Ultraviolet and Infrared. CIS () MG. () UV. ( ) IR.() 21 Capable of counting All denominations of fresh/soiled Indian currencies including new 2000 & 500 Notes TECHNICAL BID: - Note Counting Machine Desktop Type Annexure-D

16 Sr. Technical No. Specification/Requirement Desirable Complied Yes or No ( Give details) Feed System Life Insurance Corporation Vacuum Suction Of India, type OS Dept, feed Divisional () Office, Opp. SMC Jeevan Prakash Bldg Muglisaara, Surat, system , GUJARAT. Phone , , , 2. Counting Speed 1000 notes per minute or better () 3 Sacker capacity 200 Notes () 4 Hooper Capacity 200 Notes () 5. Display Front and customer display () 6 Power Supply 1 phase, 230 V +/- 10%, 50Hz AC supply () 7 Special Modes Free count, Add, Batch, Check 8 Availability of spares parts For 05 years at least () 9 Cut Note/Double Note/ Chain Yes Note/Counterfeit Note Detection () 10 Sensor installed Ultraviolet, Infra Red and Magnetic (UV, IR & MG) UV. ( ) IR ( ) MG. () 11 Capable of counting All denominations of fresh/soiled () Indian currencies including new 2000 & 500 Notes 12 Have you Service Centers to cover our Branches. Should cover all our Branches as per Annexure- 10 () 13 Are you Original Equipment Manufacturer( OEM ) or Authorised dealer Either OEM or Authorised OEM/Authorised ( Cross whichever is not applicable) 14 Senior If authorized Divisional Dealer Manager mention Such agreement should be valid Name Period & Signature of validity of of Authorized authorization person Surat the validity Division of authorization for a further period of minimum Of letter the of Firm OEM /Company/Vendor letter 5 year from the date of this With From Seal & Date tender.to.

17 17 Annexure- E PRICE BID. Note Counting Cum Fake/Suspected Note Detection Machines (Note Authentication Machines) under Rate Contract for one year. I. Rate to be quoted per Machine/Unit Sr.No. Description of the Machine (Model/Make etc.) Price Per Machine(In Figures) Price Per Machine( in Words)

18 18 In figure I. (Rate quoted per machine/unit) II. ( Post warranty AMC rate per annum) Total (I+II) Total Cost of Ownership (TCO) In word II. Post Warranty AMC rate per annum per site for NOTE COUNTING CUM FAKE /SUSPECTED NOTE DETECTION MACHINES (NOTE AUTHENTICATION MACHINE) Sr.N Description o. 1 1 st Year 2 2 nd Year 3 3 rd Year 4 4 th Year 5 5 th Year 6 Total Post Warranty AMC Price/Per Unit (in figures) Post Warranty AMC Price/ Per Unit (in words) Note: 1. The cost of the machine and post warranty Comprehensive AMC rate per annum will be taken into consideration for deciding the TCO. 2. Rate per Machine as well as TCO must be quoted in WORDS AND FIGURES.

19 3. The prices should be inclusive of all taxes, duties, levies, transportation charges, Octroi, installation charges in Branches (List of Branches as Annexure-A). Nothing extra shall be payable. 4. In case of any discrepancy, unit prices quoted in words will be considered for computation of TCO. 5. Cost comparison will be on the basis of total cost of ownership calculated as explained above 19 PRICE BID II- Currency Counting Machine Desktop Type Running Contract for One Year (I) Sr.No. Description Of The Machine (Model/Make Etc.) Price Per Machine (In Figures) Price Per Machine ( In Words) ANNEXURE-F

20 20 (II) Post Warranty AMC rate per annum per site for Currency Counting Machine Desktop Type Sr.No. Description Post Warranty AMC Price/Unit (in figures) 1 1 st Year Post Warranty AMC Price/Unit ( in Words) 2 2 nd Year 3 3 rd Year 4 4 th Year 5 5 th Year 6 Total I. (Rate quoted per Machine) II. ( Post warranty AMC rate per Annum) Total (I+II)

21 21 In figure Total Cost of Ownership (TCO) In word Note: 1. The cost of the machine and post warranty Comprehensive AMC rate per annum will be taken into consideration for deciding the TCO. 2. Rate per Machine as well as TCO must be quoted in WORDS AND FIGURES. 3. The prices should be inclusive of all taxes, duties, levies, transportation charges, Octroi, installation charges in Branches (List of Branches as Annexure-A). Nothing extra shall be payable. 4. In case of any discrepancy, unit prices quoted in words will be considered for computation of TCO. 5. Cost comparison will be on the basis of total cost of ownership calculated as explained above