C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)
C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)
C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)
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77<br />
Clause Reference<br />
.with respect to<br />
section 3<br />
Si= The all India average wholesale price index for steel (Bars and<br />
Rods) for the month undf,r crn:rsir+i.a:F+irln as pnrblism by<br />
Ministry of Industrial Development, New Delhi<br />
P"= Percentage of steel componerrt of the work<br />
Note.: For the applic<strong>at</strong>ion of this clause, index of Bars and Rods has<br />
been chasen to represent steel group.<br />
Adjustrnent of bitumen component<br />
(iv) Frice adjustment for increase or decrease in the cost of bitumen shall<br />
be paid in accordance with the following formula:<br />
Vu= 0.85 x Pu/100 x R x (B; -B, )/El.<br />
Vu=<br />
Bo=<br />
Bt=<br />
Pu=<br />
Increase or decrease in the cost of work during the month under<br />
consider<strong>at</strong>ion due to cheurg6* in r<strong>at</strong>es for bitumen.<br />
The oflicial retail price of bitumen <strong>at</strong> the IOC depot <strong>at</strong> nea_rest<br />
center on the day 28 days prior to d<strong>at</strong>e of opening of Bids.<br />
The officia-l retail price of bitumen of IOC depot <strong>at</strong> nearest center<br />
for the lStlt day of the month under considerafion, -,-"-,<br />
Percentage of bitumen component of the work<br />
r AdJustment of POL {fuel and lubricant) eomponent<br />
(v) Price adjustment for increase or decrease in cost of POL (fuel and<br />
lubricant) shall be paid in accordalce with the following formula:<br />
Vi=<br />
Vr=<br />
Fo=<br />
Fi=<br />
0.85 x Pr/ 100 x R x (F; -Fo)/Fo<br />
Increase or decrease in the cost of work during tJre month under<br />
consider<strong>at</strong>ion due to changes in r<strong>at</strong>es for fuel and lubricants.<br />
The official retail price of High Speed Diesel (HSD) <strong>at</strong> the existing<br />
€orrsrJmer pumps of IOC <strong>at</strong> near€s+ €€nter on the day2S days<br />
prior to the d<strong>at</strong>e of opening of Bids.<br />
The official retail price of HSD <strong>at</strong> the existing consumer pumps<br />
of IOC <strong>at</strong> nearest center for the 15th day of month of the under<br />
consider<strong>at</strong>ion.<br />
Pr Percentage of fuel and lubricants component of the work.<br />
Note: For the applic<strong>at</strong>ion of this clause, the pice of High Speed Desel oil has been clwsen to<br />
represent fuel and lubricants group.<br />
l<br />
C=c or,^.J=6 .D=c f:C<br />
-'<br />
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