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Request for Proposal for e Ticketing Project - Archaeological Survey ...

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RFP <strong>for</strong> e-<strong>Ticketing</strong> <strong>Project</strong> Volume-III<br />

b. Each Party agrees to co-operate with the contractors and sub-contractors of the<br />

other Party as reasonably requested in order to accomplish the purposes of this<br />

Agreement.<br />

5.4. Article IV - Financial Issues<br />

5.4.1. Terms Of Payment And Service Debits<br />

a. In consideration of the Services and subject to the provisions of this Agreement<br />

and of the SLA, ASI shall pay the Implementation Agency <strong>for</strong> the Services<br />

rendered in pursuance of this Agreement, in accordance with the Terms of<br />

Payment Schedule (Schedule VI of this Agreement).<br />

b. All payments are subject to the application of service debits and liquidated<br />

damages defined and provided <strong>for</strong> in this Agreement and the SLA. It is clarified<br />

here that ASI will calculate a financial sum and debit the same against the terms<br />

of payment as defined in the Terms of Payment Schedule as a result of the<br />

failure of the Implementation Agency to meet the Service Level under the SLA,<br />

such sum being determined in accordance with the terms set out in this<br />

Agreement and the SLA.<br />

c. Except as otherwise provided <strong>for</strong> herein or as agreed between the Parties in<br />

writing, ASI shall not be required to make any payments in respect of the<br />

Services other than those covered by the terms of payment as stated in the<br />

Terms of Payment Schedule (Schedule VI of this Agreement).<br />

5.4.2. Invoicing And Settlement<br />

5.4.3. Tax<br />

The provisions of the Invoicing & Settlement Schedule (Schedule V of this<br />

Agreement) shall apply.<br />

a. ASI shall withhold taxes from the amounts due and payable to the<br />

Implementation Agency wherever applicable. The Implementation Agency shall<br />

pay <strong>for</strong> all other taxes in connection with this Agreement, and SLA including,<br />

but not limited to, property, sales, use, excise duty, value-added, goods and<br />

services, consumption and other similar taxes or duties. ASI shall provide<br />

Implementation Agency with the original tax receipt of any withholding taxes<br />

paid by <strong>Project</strong> on payments under this Agreement. The Implementation<br />

Agency agrees to reimburse and hold ASI harmless from any deficiency<br />

<strong>Archaeological</strong> <strong>Survey</strong> of India, Ministry of Culture Page 26 of 91

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