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)
79 Clause Reference with respect to section 3 The following percentages will pvern the price adjustment for the entire contract: 1. 2. 3. 4. 5. Labour - Pi Cement - P. Steel - P" ft Bitumen - P5 L1. POL - Pr 25 o/o 5 o/o Lfi- Vo 1 {.' .' A' o/o 5 o/o 6 Plant and Machinery Spares - Po 5 o/o Other Materials - P- Total 45% 1OO o/o 27 The proportion of payments retained (retention money) shall be 6%o from each bill subject to a maximum of 5%o of final contract price. lc1.48l 28 Amount of liquidated damages for For Whole of work (1/2OO0) th of the tC1.49l -_ delayin comBlefion oT*".k" '_ --lnitiffirrcrfticqTomded ofit6: the nearest Thousand, per day. 29 Maximum limit of liquidated damages for delay in completion of work. 30 Amount of Bonus for early completion of whole of the works For sectional completion (wherever specified. in item 6 of Contract Data) (I I 2OOl th of initia-l contract price for 5 km section, rounded off to the nearest thousand per day. 1O per cent of the Initial Contract Price rounded off to the nearest thousand. I per cent of the Initial Contract Price (part of a month to be excluded), rounded off to the nearest thousand. per month. [cl'49] [cl'501 31 Maximum limit of bonus for early completion of work 6 per cent of the Contract Price rounded offto the nearest thousand. lc1.s0l 32 The amounts of the advance Davment are: Mobilization L' \ Nature ofAdvance {\ ,\ " I fil,u.1 Nf\,\-'- '{j\1L- 10% of the Contract price Amount {Rs.) Conditions to be fulfilled On submission of unconditional Bank Guarantee. (to be drawn before the end of 2Ooh of Contract period). The contractor may furnish four bank guarantees of 2.5o/o eac}:r, va-tid for full period. lc1.s1 & s2l
ii. Equipment 80 9Ao/o fot rler.i.' and 509o of deprecrated value for old equipment. Total amount will be subject to a maximum of 5% of the Contract price. ^A,lter eriuiprr^ent :s brorrght to site (provided - the Engineer is satisfied that the equipment i's required for performance of the contract) and on ssfulission of unconditional Bank Guarantee for amount of advance. iii) . Secured advance for non-perishable materials brought to site 75oh of Invoice value. a) b) The materials are inaccordalce with the specification for Works; Such materia-ls have been delivered to site. and are properly stored and protected against damage or deterioration to the satisfaction of the Engineer. The contractor shall store the bulk material in measurable stacks.: c) The Contractor's records of the requirements, orders, receipt and use of materials are kept in a form approved by the Engineer and such records shall be available for inspection by the Engineer; d) The contractor has submitted with his monthly statement the estimated value of the naterials on sile togetlrer with such documents as may be required by the Engineer for the purpose of valuation of the materials and providing evidence of ownership and payment thereof; e) C)wnership of such materials shall be deemed to vest in the Employer for which the Contractor has submitted an Indemnity Bond in an acceptable format; and f) The quantities of materials are not ercessive and shall be used within a reasonable time as deternined by the Engineer. (The advance pa5rment will be paid to the Contractor no later than 28 days after ful{Illment of the above conditions). Cz0 orrlao D=o I=O
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ii.<br />
Equipment<br />
80<br />
9Ao/o fot rler.i.' and 509o of<br />
deprecr<strong>at</strong>ed value for old<br />
equipment. Total amount<br />
will be subject to a<br />
maximum of 5% of the<br />
Contract price.<br />
^A,lter eriuiprr^ent :s<br />
brorrght to site (provided -<br />
the Engineer is s<strong>at</strong>isfied<br />
th<strong>at</strong> the equipment i's<br />
required for performance<br />
of the contract) and on<br />
ssfulission<br />
of<br />
unconditional Bank<br />
Guarantee for amount of<br />
advance.<br />
iii) .<br />
Secured<br />
advance for<br />
non-perishable<br />
m<strong>at</strong>erials<br />
brought to site<br />
75oh of Invoice value. a)<br />
b)<br />
The m<strong>at</strong>erials are inaccordalce<br />
with the<br />
specific<strong>at</strong>ion for<br />
Works;<br />
Such m<strong>at</strong>eria-ls have<br />
been delivered to site.<br />
and are properly<br />
stored and protected<br />
against damage or<br />
deterior<strong>at</strong>ion to the<br />
s<strong>at</strong>isfaction of the<br />
Engineer. The<br />
contractor shall store<br />
the bulk m<strong>at</strong>erial in<br />
measurable stacks.:<br />
c) The Contractor's records of the<br />
requirements, orders, receipt<br />
and use of m<strong>at</strong>erials are kept<br />
in a form approved by the<br />
Engineer and such records<br />
shall be available for<br />
inspection by the Engineer;<br />
d) The contractor has submitted<br />
with his monthly st<strong>at</strong>ement<br />
the estim<strong>at</strong>ed value of the<br />
n<strong>at</strong>erials on sile togetlrer<br />
with such documents as may<br />
be required by the Engineer<br />
for the purpose of valu<strong>at</strong>ion of<br />
the m<strong>at</strong>erials and providing<br />
evidence of ownership and<br />
payment thereof;<br />
e) C)wnership of such m<strong>at</strong>erials<br />
shall be deemed to vest in the<br />
Employer for which the<br />
Contractor has submitted an<br />
Indemnity Bond in an<br />
acceptable form<strong>at</strong>; and<br />
f) The quantities of m<strong>at</strong>erials are<br />
not ercessive and shall be<br />
used within a reasonable time<br />
as deternined by the<br />
Engineer.<br />
(The advance pa5rment will be paid to the Contractor no l<strong>at</strong>er than 28 days<br />
after ful{Illment of the above conditions).<br />
Cz0 orrlao D=o I=O