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TENDER NO PGV CL/RAT/PRO/CPP/11 KV LPE Cable/671 COMMERCIAL TERMS AND CONDITIONS 1 The tenderer should thoroughly read all the following clauses before submitting their tender. The original copy
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How to fill out commercial terms and conditions:

01
Start by clearly identifying the parties involved in the agreement. This includes stating the name and contact information of your company as well as the name and contact information of the other party or parties involved.
02
Outline the scope of the agreement. Clearly define what products or services will be provided, the duration of the agreement, and any limitations or exclusions that may apply.
03
Clearly state the pricing and payment terms. This includes outlining the cost of the products or services, any additional fees or taxes that may apply, and the accepted methods of payment.
04
Specify the delivery terms. Outline how the products or services will be delivered or performed, including any shipping or handling requirements, delivery timeframes, and responsibility for any damages or delays.
05
Include provisions for any warranties or guarantees. Specify any warranties or guarantees that apply to the products or services being provided, including the duration of the warranty and any limitations or exclusions.
06
Address intellectual property rights. If applicable, outline any intellectual property rights related to the products or services and specify how they will be protected or licensed.
07
Include provisions for termination. Outline the circumstances under which the agreement can be terminated by either party and any notice period that must be given.
08
Specify any governing law or jurisdiction. Include a clause stating which laws will govern the agreement and which courts will have jurisdiction in the event of any disputes.

Who needs commercial terms and conditions:

01
Businesses that offer products or services to customers or clients.
02
Companies that engage in B2B (business-to-business) transactions.
03
E-commerce businesses that operate online platforms for selling products or services.
Overall, commercial terms and conditions are essential for any business or organization engaging in commercial transactions. They help protect the rights and responsibilities of all parties involved and provide a clear framework for the business relationship.
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Commercial terms and conditions refer to the specific details and requirements outlined in a contract or agreement between two parties regarding the sale of goods or services.
The parties involved in a business transaction are required to file commercial terms and conditions in order to establish clear guidelines and expectations for both parties.
Commercial terms and conditions should be filled out carefully and accurately by including all relevant details such as pricing, payment terms, delivery schedules, and warranties.
The purpose of commercial terms and conditions is to establish a legal framework for the business transaction and ensure that both parties are aware of their rights and responsibilities.
Information such as product or service specifications, pricing, payment terms, delivery schedule, warranties, and dispute resolution mechanisms must be included in commercial terms and conditions.
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