Damoh Batiagarh - Madhya Pradesh Road Development ...
Damoh Batiagarh - Madhya Pradesh Road Development ...
Damoh Batiagarh - Madhya Pradesh Road Development ...
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Request for Proposal (RFP) for Independent Engineer for <strong>Damoh</strong> <strong>Batiagarh</strong> <strong>Road</strong>d) The Client shall make the payment of the Consultants‟ monthlystatements within thirty (30) days after the receipt by the Client ofsuch statements with supporting documents. Only such portion of amonthly statement that is not satisfactorily supported may bewithheld from payment. Should any discrepancy be found to existbetween actual payment and cost authorized to be incurred by theConsultants; the Client may add or subtract the difference from anysubsequent payments. The interest at 7% per year on local currencyshall become payable as from the above due date on any amount duebut not paid on such due date.e) The final payment under this Clause shall be made only after the finalreport and final statement identified as such shall have beensubmitted by the Consultants and approved as satisfactory by theClient. The services shall be deemed completed and finally acceptedby the Client and final report and final statement shall be deemedapproved by the Client as satisfactory, ninety (90) calendar days afterreceipt of the final report and final statement by the Client unless theClient within such ninety (90) days period gives written notice to theConsultants, specifying in detail, deficiencies in the services, the finalreport or final statement. The Consultants shall thereupon promptlymake any necessary corrections and upon completion of suchcorrections the foregoing process shall be repeated. Any amountwhich the Client has paid or caused to be paid in accordance with thisclause in excess of the amount actually payable in accordance withthe provisions of the Contract shall be reimbursed by the Consultantsto the Client within thirty (30) days after receipt by the Consultants ofnotice thereof. Any such claim by the Client for reimbursement mustbe made within twelve (12) calendar months after receipt by theClient of a final report and a final statement approved by the Client inaccordance with the above.f) Payments for remuneration made in accordance with Clause GC6:2(a) in foreign and/or local currency shall be adjusted as follows :Remuneration of employed personnel designated in foreign currency orIndian currency pursuant to the rates accepted shall be adjusted only onceafter 18 months from the date of commencement by increasing it by a factorof 5%.Notwithstanding any other provisions in the agreement in this regard, thisprovision will prevail and over ride any other provision to the contrary in thisagreement.__________________________________________________________________________MPRDC-Bhopal March, 2011 72