BID Document for Guest House with Boundary Wall.pdf - Integrated ...
BID Document for Guest House with Boundary Wall.pdf - Integrated ...
BID Document for Guest House with Boundary Wall.pdf - Integrated ...
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(iv)<br />
Personal injury or death<br />
insurance:<br />
a) <strong>for</strong> other people;<br />
As per Workmen’s<br />
Compensation Act<br />
1923 and other<br />
Acts in <strong>for</strong>ce.<br />
As per Workmen’s<br />
Compensation Act<br />
1923 and other Acts in<br />
<strong>for</strong>ce.<br />
b) <strong>for</strong> Contractor’s<br />
Employees<br />
In accordance <strong>with</strong> the statutory requirements<br />
applicable to India, Workmen Compensation<br />
Act.<br />
The following events shall also be Compensation Events: [44]<br />
1. _____________________NIL_______________________________<br />
2. _____________________NIL_______________________________<br />
3. _____________________NIL_______________________________<br />
4. _____________________NIL_______________________________<br />
The period between program updates shall be 30 days. [27]<br />
The amount to be <strong>with</strong>held <strong>for</strong> late submission of an updated<br />
program shall be Rs 2,00,000.00 ____________________________________________[27]<br />
The language of the Contract documents is English [3]<br />
The law which applies to the Contract is the laws of Union of India [3]<br />
The currency of the Contract is Indian Rupees. [46]<br />
Fees and types of reimbursable expenses to be paid to the Adjudicator [25]<br />
Rs.3000.00 per sitting plus reimbursable expenses, (i.e.) Traveling, boarding & lodging expenses<br />
_____________________________________________________________________<br />
_____________________________________________________________________<br />
Appointing Authority <strong>for</strong> the Adjudicator The President, Institution of Engineers (India), Kolkata chapter [26]<br />
The <strong>for</strong>mula(e) <strong>for</strong> adjustment of prices are<br />
Deleted<br />
The proportion of payments retained (retention money) shall be 6% from each bill<br />
subject to a maximum of 5% of final contract price [48]<br />
The liquidated damages <strong>for</strong> the whole of the works are<br />
(0.05%) per day and that <strong>for</strong> the milestone are as under : [49]<br />
For milestone 1<br />
For milestone 2<br />
For milestone 3<br />
Rs 7000.00 per day<br />
Rs 3500.00 per day<br />
Rs 8500.00 per day<br />
The maximum amount of liquidated damages <strong>for</strong> the whole of the works [49]<br />
is ten percent of final contract price.<br />
The amounts of the advance payment are: [51]<br />
61