NATIONAL ALUMINIUM COMPANY LIMITED - Rites

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The Contractor shall ordinarily forward two (2) copies of all correspondence relating to this contract
to the Purchaser and two (2) copies to the Consulting Engineer or his representative as may be
requested.
Two (2) copies of all correspondence from the Contractor to Purchaser’s other Contractors for
associated plants shall be forwarded to the Purchaser and the Consulting Engineer.
All drawings and correspondence to the Purchaser and the Consulting Engineer shall be
transmitted by the Contractor via Air Mail or alternatively by means involving the minimum time of
transit.
52.00 CONTRACT AGREEMENT
If so desired by the Purchaser, a formal Agreement shall be entered into by the Contractor with the
Purchaser for the proper fulfillment of the Contract.
The expenses of completing and stamping the Agreement shall be paid by the Contractor, and the
Purchaser shall be furnished free of charge with an executed stamped counterpart of the
Agreement as also copies of the Agreement as may be required by the purchaser.
Any tender drawing, technical data and / or correspondence which forms the basis of an order or a
contract aforesaid, or which may be furnished by the Contractor for the Purchaser’s approval or
information as provided under the said order or contract, shall be in English and it is in any other
language, a complete translation in English shall have to be duly furnished. The Purchaser shall
not be bound to consider any tender drawing, technical data or correspondence which is not
furnished in English.
53.00 PAYMENTS
53.01 The payment to the Contractor for the performance of the works under the contract will be made by
the purchaser as per the guidelines and conditions specified herein. All payments made during the
contract shall be on account of payments only. The final payment will be made on completion of all
the works and on fulfillment by the Contractor of all his liabilities under the contract.
53.02 Currency of Payment
The payments for the foreign currency potion of the contract price will be made in the currency of
the bid. If the bid is in a currency other than that of the country of origin of goods, payment may be
made in an amount equivalent to the bid price in the currency of the country of origin. The Indian
Rupees portion of contract price stated in the contractor’s bid will be paid in Indian Rupees.
53.03 Payment Schedule
Tender Documents Commercial (Indigenous) Page 53 of 56