EAST CENTRAL RAILWAY - Indian Railways

or to the employment under the contractor has been obtained by the tenderer the Engineer or an
Officer as the case may be from the President of India or any Officer duly authorised by him in
this behalf-shall clearly stated in writing at the time of submission of the tender. Tenders without
the information’s above referred tender a statement to the effect that no such retired Engineer or
retired Gazzetted Officer is also associated with the tenders as the case may be/shall be rejected.
34. Sales Tax where leviable if intended to be claimed from the purchasers shall be distinctly shown
along with the price quoted in which case the Rly. administration accepts the liability for payment
of Sales Tax provided however such tax is leviable under the exist laws on the supply of the items
included in this contract by the contractors to the Rly. administration. The Contractors must
satisfied the Railway administration in this matter by producing the Sales
Tax Registration certificate to indicate that they are registered deal for the purpose of assessment
of Sales Tax. The actual payment of Sale Tax will be made as leviable under the rules for such
supply. The contractors will be required to transmit the actual payment so received in respect of
Sales tax relating to this contract as leviable under the existing rules to the appropriate authority
of the State Govt. concerned and furnish a certificate to the Rly. Administration, to this effect. It is
distinctly under-steed that not with standing any thing contained in the tender documents and or
the agreement the Railway Admn. shall not be bound to final up the contract and refund security
deposit even if the same is or has become otherwise refundable and to pay up or settle his dues in
other respect until the contractors have furnished to the Railway Administration a certificate
aforesaid, where it is not clearly shows that the Sales Tax is to be claimed from the Railway. No
Claim for Sales Tax will be admitted in any later stage and on any ground whatsoever.
35. The successful tenderer must deposit a sum towards Security Deposit at the rates mentioned
below :-
(i) For contracts upto Rs.1 lakh 10% of the value of the contract.
(ii)
(iii)
For contracts costing more than Rs.1
lakh and upto Rs.2.00 lakhs.
For contracts costing more than Rs.2
lakhs and upto Rs.2 Crores.
10% of the first Rs.1 lakhs and 7 ½ % of the
balance.
10% of the first 1 lakhs, 7 ½ % for the next
Rs.1 lakhs and 5% for the balance subject to
maximum of rupees three lakhs.
(iv) For contracts above Rs.2 Crores. 5% of the contract value. The amount over
and above Rs.3 lakhs to be recovered from the
progressive bills of the contractors % 10% till
it reaches 5% of the contract value.
36. The security deposit may be collected by deducting from the on account bills of the Contractor at
the rates mentioned above. For this purpose, a deduction of 10% shall be made from each on
account bill until the sum so deducted plus the amount of earnest money already deposited
(subsequently converted into security deposit), makes upto the total security deposit as per the
above scale and shall be retained by the Railway free of interest for due performance and
observance of the terms and conditions of this contract. This does not, however, preclude the
contractor from depositing the security deposit in cash or in other accepted forms of payment.
37. The Security deposit shall, however, be refunded to the Contractor only on satisfactory
compliance of condition No. 51(2) at Page-9 of the General conditions of contract and standard
specifications (followed by Work Hand Book Part 1 & 2 GCC Feb, 2001 with upto date
amendment thereto), on which the schedule of rates is based.