BID DOCUMENT - IDCO

necessary action to protect to protect all finished or partially finished construction and protect adjacent or
adjoining properly, which might be damaged by the process of construction or erection. All expenses incurred
for ensuring the above shall be at the Contractor’s account.
b) The Contractor shall at the time of signing the contract insure the works and keep them insured until the
7.(a)
(b)
completion of the contract against loss or damage by fire, theft or other accident in an Office to be approved
by IDCO, Bhubaneswar in the joint names of the owner and Contractor (the name of the former being placed
first in the policy) for full amount of the contract and for any further sum called upon to do so by IDCO, the
premium of such further sum being allowed to the Contractor as an authorized extra. Such policy shall cover
the property of the IDCO only, fees for assessing the claim and in connection with the Service generally
therein, and shall not cover any property of the Contractor or any sub-contractor or Employees. The
Contractor shall deposit the policy and receipt for the premiums with the IDCO within Twenty-one days from
the date of signing the contract unless otherwise instructed by IDCO. In default of the Contractor insuring as
provided above, IDCO on his behalf may so insure and may deduct the premiums paid from any money due
or which may become due to the Contractor. The Contractor shall as soon as the claim under policy is settled
or the work reinstated by the Insurance Office, should they select to do so, proceed with all due diligence with
the completion of the works in the same manner as though the fire had not occurred and in all respects under
the same conditions of the contract, the Contractor in case of rebuilding or reinstatement after fire, shall be
entitled to such extension of time for completion as IDCO deems fit.
The amount so due as aforesaid shall be the total value of the works duly executed and of the contract
materials and goods delivered upon the site for use in the works up to and including a date not more than
seven days prior to the date of the said certificate less than amount to be retained by IDCO (as hereinafter
provided) and less any installments paid under this article provided that such certificates shall only include
the value of the said materials and goods as and from time as they are responsible, properly and not
prematurely brought upon the site and then only if properly stored and/or protected against weather.
Steel reinforcement if available shall be supplied by the Corporation either in the form of coils or in Standard
straight lengths normally available in the market.
No extra payment shall be made to the Contractor for straightening the coiled or bent rods.
8. The measurement of steel reinforcement shall be made on the basis of linear measurement as per standard
practice. For the purpose of recovery of the quantity of steel utilized in the work, will be calculated on the
basis of standard unit weight of various size bars as mentioned below. In case of any deviation in unit weight
from the standard weights mentioned below by more than the percentage allowed by code the same shall be
to the Contractor's account. No compensation shall be paid for such variation in unit weight.
Nominal size of Bar in
mm
Weight per Meter in
Kg.
Nominal size of bar
in mm.
Weight per Metre in
Kg.
6 0.222 16 1.58
8 0.395 20 2.47
10 0.617 25 3.85
12 0.888 28 4.83
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