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bid document for the work - IDCO

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6. The Contractor shall make good any defects, shrinkage or o<strong>the</strong>r faults that may appear in<br />

<strong>the</strong> <strong>work</strong>s within six months after <strong>the</strong>ir completion.<br />

7. In-case <strong>the</strong> Contractor shall commit <strong>the</strong> break of any covenants herein contained <strong>the</strong><br />

Corporation shall be at liberty to terminate this Agreement giving 15 days notice.<br />

8. The Contractor shall indemnify to <strong>the</strong> Corporation from all claims <strong>for</strong> injury, death, caused to<br />

any person under <strong>work</strong>men Compensation Act. 1938. Besides <strong>the</strong> contractor shall comply<br />

all <strong>the</strong> provisions of prevailing Labour laws during execution of <strong>work</strong>.<br />

9. Both <strong>the</strong> parties agree by mutual consent that any dispute relating to this Agreement is<br />

barred from Arbitration. All problems shall be mutually settled and <strong>the</strong> decision of <strong>IDCO</strong><br />

shall be final and binding on <strong>the</strong> contractor.<br />

10. In <strong>the</strong> event of any dispute that may arise out of this assessment <strong>the</strong> competent Courts<br />

situated at Bhubaneswar shall have <strong>the</strong> jurisdiction to decide such disputes / litigations<br />

between parties hereto.<br />

IN WITNESS WHERE OF <strong>the</strong> parties have caused <strong>the</strong>ir respective common seals to be<br />

herein to affixed (or have here into set <strong>the</strong>ir respective hands & seals) <strong>the</strong> day and year first written<br />

above.<br />

Witness :<br />

1. Signature of <strong>the</strong> Party of <strong>the</strong> one part<br />

2.<br />

Witness :<br />

1. Signature of <strong>the</strong> Party of <strong>the</strong> o<strong>the</strong>r part<br />

2.<br />

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