Quotation Acceptance with Terms & Conditions Finalization Letter Format

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Date : 10.03.2026

Quotation Acceptance with Terms & Conditions Finalization Letter Format

 To                                                                                                                                                                                                                              

Starplay Transformers Pvt. Ltd.

Plot No. F-2/17, MIDC Kansai Village,

Ambarnath(West) Thane-421001

Kind attention : Mr. Sanjay and Mr. Gawde and Mr. Mandar Damle

We are please to receive the quotes from you for the 1500KVA OLTC Transformer on rental basis. On a joint discussion between Anil Bubna from Stabnet Tyres Limited and Mr. Gawde from Starplay Transformer we have finalized and settled our quotes and requirements at the points mentioned below.

1.       We will issue the security Cheque of NOT OVER TWO LAKHS, this will be returned to us the day your person will collect back the transformer rented to Stabnet Tyres Limited. The cheque will be handed at the time of taking the transformer from Stabnet Tyres Limited. The security cheque can only be deposited only in case if rented transformer fails at Stabnet Tyres Limited during the rental period and Stabnet Tyres Limited will be liable to pay the balance amount against repairing of 1500 KVA as per quotation No. STARPLAY/053/2025-26 dated 05.03.2026.

2.       In any case, other than failure of Transformer, the cheque, if found deposited in the Bank, the Transformer which you provide on rent will not be returned unless Rs. 2,00,000/- is given to Stabnet Tyres Limited. We will also not pay any rent for the period we hold your Transformer. 

3.       The Transformer should not stop at any cost and the production must not get hampered. The loss due to Transformer not working will be debited to your account Rs. 20,000/- per day. We will not debit the loss to your account only in case where the transformer has not worked because of fault by APL.

4.       We will be paying you Rs. 20,000 towards Transportation, Rs. 20,000 towards disconnection and connection and Rs. 90,000 towards rent for 15 days in advance, plus taxes. 

5.       Towards PWD Charges we will pay you Rs. 1,00,000/- plus taxes the day you confirm us to pay. Please confirm us at least 1 day in advance.

6.       MSEB Charges will be on the scope of APL. If, you can get it done then please confirm the amount and time required to do the same. If we find that this can be done by you at cheaper cost we will get it done through you. 

7.       The transformer will be inspected by our team ( Mr. Sachin Kidey and Mr. Ram Pal ) at your workplace and test certificate will have to be issued by you and counter signed and accepted by our persons about the perfectness of the equipment. The transformer should be in the best condition. 

8.       We will not accept the Transformer before testing and the testing will take place as per the industry standards. 

9.       The rent for the 1st 15 days are being paid in advance. This will be paid in the same cycle of 15 days. In case we fail to pay the rent for the next 15 days after the 1st 15 days you have the right to take back the transformer immediately.

10.   A proper bill for each wok and description has to be submitted to the accounts department for timely payments and documents. 

11.   At the time of releasing the Transformer we will pay you again the disconnection and connection charges Rs. 20,000/- plus taxes and transportation will be borne by Stabnet Tyres Limited. 

12.   You will install the transformer within Friday (11.03.2026).

Thanks and Regards,

Yours Truly

For Stabnet Tyres Limited

 

Authorised Signatory.

 Counter Signed and Accepted by

 

Mahesh Gawde


 

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