Markfed intends to procure 10,000 MTs of MOP for 2022. The supplies have to be made on F.O.R. basis to societies situated all over the state. We would be highly grateful if you could inform us the quantities you can supply along with the terms of the supply & its payment/ credit terms by 2.00 PM on 13.07.2022 on our e-tender portal eproc.Punjab.gov.in.
The distribution margin or any other benefit/ Margin to be allowed to Markfed may also be specified clearly along-with the date of payment. If the credit period is offered in number of days instead of specifying the exact date of payment, then the payment date would be calculated from the last day of the month of supply i.e. for the stocks supplied in August, the date would be considered as 30.08.2022. Further, the lowest offer would be considered after calculating all the financial benefits to Markfed inclusive of the extended credit period which would be calculated in monetary terms by taking the present bank rate interest. To safeguard the interest of the State Farmers, the stocks would be purchased from the suppliers by having a clause as per the past practice, That in the event of reduction of prices, the benefit of price reduction would be passed on to Markfed till the disposal of stocks but in the event of the increase of prices of MOP within the delivery period, Markfed would be taking the stocks at the quoted prices only.