Vigilance Compedium - CCL

CENTRAL COALFIELDS LIMITED
DARBHANGA HOUSE:RANCHI
No.D(F)/CCL/F-43.2/2009/86 Dated 26 February 2009
To
The Director (Technical/Operation),
Central Coalfields Limited,
Ranchi
Dear Sir,
Sub: Price variation clause - Clause 37.0 of Special terms &
conditions related to transport contracts.
It is observed that the Clause 37.0 of the special terms & conditions for the transport
contracts in CCL regarding the price variations stipulates, among others, that compensation
for price variation will not be paid where the tender period is upto six months. Contrary to
such stipulation in the NITs prepared by the CMC Department, CCL, the payment of
escalation should actually be governed by the contract period and not by the tender period. In
fact, the said clause had been modified through a Board decision of CIL (224 TH meeting held
on 24.01.2006), which was communicated by CMD, CCL to the FDs of CCL through his
endorsement dated 6 March 2006.
In view of above, it is requested that you may kindly advise CGM (CMC) to prepare NITs
strictly in compliance with the extant provisions of the clause 37.0 of the Contract
Management Manual (Transport Contract) as referred to above. Accordingly, the TC
member may also be advised to adhere to the guidelines of the Contract Management
Manual.
Yours faithfully,
Copy for kind information:
1. CMD, CCL
Sd/-
(Dr A.K. Sarkar))
Director (Finance)
For compliance:
2. CGM(CMC)
3. CGM(F)
4. CFM(HQ)
5. CFM(OP)
6. CFM(P&P)
7. CIA