request for proposals - Directorate General of Employment & Training

RFP for selection of Transaction Advisor
Attention:
Facsimile :
2. Transaction Adviser :
Attention :
Facsimile :
2. 1.7 The Authorized Representatives are:
For the “Employer”:
For the Transaction Adviser:
3. 2.1 Effectiveness of the Contract: From the date of signing of the
Contract
4. 2.2 The time period shall be 2 (two) months
5. 2.3 The time period shall be 15 days
6. 2.4 The time period shall be 9 months
7. 3.4 The risks and the insurance coverage shall be as follows:
(a) Third Party motor vehicle liability insurance in respect of motor
vehicles operated in the Government‟s country by the Transaction
Adviser or its Personnel or any Sub-Transaction Adviser or their
Personnel, with an adequate coverage
(b) Third Party liability insurance, with an adequate coverage
(c) Professional liability insurance to cover the employer against any
loss suffered by the employer due to the professional service
provided by the Transaction Adviser, with a adequate coverage
(d) Workers‟ compensation insurance in respect of the Personnel of
the Transaction Adviser and of any Sub-Transaction Adviser, in
accordance with the relevant provisions of the Applicable Laws of
India, as well as, with respect to such Personnel, any such life,
health, accident, travel or other insurance as may be appropriate;
and
(e) Insurance against loss of or damage to (i) equipment purchased
in whole or in part with funds provided under this Contract, (ii) the
Transaction Adviser‟s property used in the performance of the
Services, and (iii) any documents prepared by the Transaction
Directorate General of Employment & Training
Ministry of Labour & Employment Page 64 of 66