REQUEST FOR QUOTATION - GAIL (India)

General Conditions of Contracton with the WORK during the period in which his claims areunder consideration by the EMPLOYER, irrespective of theoutcome of such claims, where additional payments forWORKS considered extra are justifiable in accordance withthe CONTRACT provisions, EMPLOYER shall arrange torelease the same in the same manner as for normal WORKpayments. Such of the extra works so admitted byEMPLOYER shall be governed by all the terms, conditions,stipulations and specifications as are applicable for theCONTRACT. The rates for extra works shall generally be theunit rates provided for in the CONTRACT. In the event unitrates for extra works so executed are not available as perCONTRACT, payments may either be released on day workbasis for which daily/hourly rates for workmen and hourlyrates for equipment rental shall apply, or on the unit rate forWORK executed shall be derived by interpolation/extrapolation of unit rates already existing in the CONTRACT.In all the matters pertaining to applicability of rate andadmittance of otherwise of an extra work claim ofCONTRACTOR the decision of ENGINEER-IN-CHARGEshall be final and binding.92 Payment of contractor's bill: 92.1 No payment shall be made for works estimated to cost lessthan Rs.10,000/- till the whole of the work shall have beencompleted and a certificate of completion given. But in case ofworks estimated to cost more than Rs.10,000/-, thatCONTRACTOR on submitting the bill thereof be entitled toreceive a monthly payment proportionate to the part thereofapproved and passed by the ENGINEER-IN-CHARGE, whosecertificate of such approval and passing of the sum so payableshall be final and conclusive against the CONTRACTOR. Thispayment will be made after making necessarycorrections/deductions as stipulated elsewhere in theCONTRACT DOCUMENT for materials, ContractPerformance Security, taxes etc.92.2 Payment due to the CONTRACTOR shall be made by theEMPLOYER by Account Payee cheque forwarding the sameto registered office or the notified office of the CONTRACTOR.In no case will EMPLOYER be responsible if the cheque ismislaid or misappropriated by unauthorised person/persons.In all cases, the CONTRACTOR shall present his bill dulypre-receipted on proper revenue stamp payment shall bemade in Indian Currency.92.3 In general payment of final bill shall be made toCONTRACTOR within 60 days of the submission of bill onjoint measurements, after completion of all the obligationsunder the CONTRACT.93 Receipt for payment: 93.1 Receipt for payment made on account of work when executedby a firm, must be signed by a person holding due power ofattorney in this respect on behalf of the CONTRACTOR,except when the CONTRACTOR's are described in theirtender as a limited company in which case the receipts mustbe signed in the name of the company by one of its principalofficers or by some other person having authority to giveeffectual receipt for the company.54