Chartered Logistics Limited announced that this has reference to your offer dated 25.01.2021 and all subsequent correspondence against Bid No. GEM/2020/B/948701 dated 01.01.2021 on Government e-Marketplace (GeM) portal and its Corrigendum. GAIL/ND/C&P/2020/PTC1(W) dated 12.01.2021. Company hereby issue this Fax of Acceptance (FOA) of offer for transportation of polymer from Petrochemical Complex, Pata to WEST-1 Transportation Sector at an estimated contract value of INR 14,81,15,520.00 (Rupees Fourteen Crores Eighty One Lacs Fifteen thousand Five Hundred and Twenty only), as detailed below. The estimated contract value is inclusive of all taxes and duties except Goods & Service Tax (GST) thereupon. GST (present rate @5%) shall be paid by GAIL under Reverse Charge Mechanism (RCM) to Govt. Authorities, as per provisions of GeM Bid I Tender Document. Above value is estimated contract value, payment will be made on actual basis as certified by Engineer-In-Charge (EIC) of the contract.