Property_Manu - Final - The New India Assurance Co. Ltd.

The New India Assurance Co.Ltd.ii.Appointment of ConsultantConsultant for any particular job/works, if required, should be appointed from the panel soconstituted, for the job/purchase value which does not require open tendering. The feesshould not exceed 4% value of job. The job value means the net amount of bill payable tothe selected vendor/ contractor retention money, penalty need not be deducted from the billamount to arrive at the fees payable to Consultant. However, for any additional job, the feesto be considered separately at the same rate on the additional job value.iii.Job Profile to the ConsultantPreparation of job/work specifications, estimate drawing, layout plan, bill of quantities, tenderdocuments etc. according to requirement of the Company in consultation with theDepartment Officials assist in selection of vendors from whom tenders have been received(i.e. evaluation of technical and financial/commercial bids). Overall supervision of the jobduring the entire period of execution on periodical intervals and/or as required by theCompany, checking and certification of works, checking of bills raised by the selectedvendors, right upto answering CVC/ CAG queries, if any.iv.Payment of feesConsultant’s fees will be released in phases:-a) 25% on completion of estimate/ preparation of tender documents.b) Balance amount will be released progressively against each running/final bill.v. MiscellaneousThe performance of the Consultant should be watched. They should not be taken as granted.This will avoid possible collusion with the vendor, biased recommendation, undue benefitto the vendor. Penalty clause for deficiency in service should be mentioned in the terms ofreference.vi.vii.viii.‘For execution of job of estimated value upto Rs.1 Crore the services of the empanelledConsultants (for the category of the job for which they are empanelled) may be utilizedwithout inviting any quotation.For execution of job of estimated value above Rs.1 crore or the limit prescribed for theexisting panel (whichever is lower) Consultant should be deputed through Open Tender(press advertisement) following two bid system.Services of the Consultant may be utilized for job value below Rs.2 lakhs if the situation sodemands on the nature and type of jobMANUAL ON ESTATE & ESTABLISHMENT123