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Indian Institute of Management Raipur - IIM Raipur

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to be fined which may extend upto Rs. 200/- in each case. The fine will be addition to the penaltyfacilities in other clauses.12. The Contractor shall arrange for reserve personnel in lieu <strong>of</strong> weekly <strong>of</strong>f or leave periods <strong>of</strong> theregular persons. No separate payment shall be made for such arrangement.13. All workers provided by the contractors should be healthy and not suffering from any contagiousdiseases.14. The Contractor shall also ensure the norm prescribed by the human rights commission, Government<strong>of</strong> India, Minimum wages act and industrial dispute act or any such other legislation are fullyobserved and the <strong>of</strong>fice is kept harmless and indemnified. If there is any non compliance intimatedby competent authority to Director, the contractor has to rectify it and indemnify.15. Once the work order is issued to the Successful bidder, he/she has to start the services by givendate.16. The House keeping services, institute & Hostel services, sweeping and cleaning services providedby the contractor shall confirm to the institute standards. Any deviation or deficiency shall be takenas violation <strong>of</strong> this conation and liable for termination <strong>of</strong> this condition and liable for termination <strong>of</strong>this contract, The decision <strong>of</strong> the Director, in this regard shall be final and binding.17. Arbitration: If at any time, any question <strong>of</strong> difference or dispute whatsoever arises between twoparties hereto or in relation to a part there<strong>of</strong>, either <strong>of</strong> the party may give to other notice in writing<strong>of</strong> the existence <strong>of</strong> such a question or dispute or difference and same shall be referred for award totwo arbitrators, one to be nominated by the <strong>Institute</strong> and the other by the supplier, or in case <strong>of</strong> sucharbitration, not agreeing then the award or an ‘umpire’ appointed by the arbitrator in writing beforeproceeding with the case. The decision <strong>of</strong> the Arbitragers/Umpires shall be final and binding on theparties. The provision <strong>of</strong> relevant Act and <strong>of</strong> the rules there-under and any statutory modificationthere<strong>of</strong> shall be deemed to apply to arbitration. Either party shall serve such notice <strong>of</strong> existence <strong>of</strong>any question, dispute or differences in connection with the contract within 30 days <strong>of</strong> the beginning<strong>of</strong> such disputes, failing which all rights or claim under this contract shall be deemed or have beenforfeited and absolutely barred.Upon every <strong>of</strong> any such reference the cost and incidentals to the reference and award respectivelyshall be at discretion <strong>of</strong> the Arbitrators/Umpires appointed by them who may determine any clientor as between parties and shall direct by whom and in what manner the same be borne and paid.The supply to be executed under the contract shall if reasonably possible, continue duringarbitration proceeding and no payment due from or payable by the <strong>Institute</strong> shall be withheldbecause <strong>of</strong> such proceedings except to the extent which may be in dispute. Jurisdiction for allarbitration cases or legal cases shall be <strong>Raipur</strong> courts only.18. Penalty Clause: Supply forms the crucial part <strong>of</strong> the order and therefore, if the supply is notcompleted in the stipulated time as prescribed in this document or supplier fails to deliver the goodswithin the delivery schedule as agreed upon; a sum equivalent to 2.5% (two and half per cent) <strong>of</strong>the Contract Value <strong>of</strong> each week <strong>of</strong> delay or part there<strong>of</strong> until subject to maximum deduction <strong>of</strong>10% (ten per cent) <strong>of</strong> the contract value. Once the maximum is reached, termination <strong>of</strong> the contractmay be considered.10

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