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

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RFP for e-Ticketing Project Volume-III 11. SCHEDULE VI TERMS OF PAYMENT SCHEDULE Payments to the IA shall have two components - During implementation and EQI Payments S. No. Project Milestone Payment (percentage of total Contract 1. Implementation of Solution Go-Live for Round 1 and Round 2 2. Implementation of Solution Go Live for Round 3, 4 & 5 3. Total Operation & Maintenance Support A Post Implementation Phase including: Project Management Technical Support & Helpdesk Year 1 Operation & Maintenance Support B Year 2 Operation & Maintenance Support C Year 3 Operation & Maintenance Support value) 50 % of Infrastructure & Application Archaeological Survey of India, Ministry of Culture Page 68 of 91 Cost Balance 50 % of infrastructure & Application cost Equal Quarterly installments Equal Quarterly installments Equal Quarterly installments Equal Quarterly installments
RFP for e-Ticketing Project Volume-III D Year 4 Operation & Maintenance Support E Year 5 Operation & Maintenance Support Terms of Payment for IA Equal Quarterly installments Equal Quarterly installments The e- Ticketing project shall follow a government led bought out model wherein IA will be required to finance all the expenses, capital and operational, related to their scope of work in this project. ASI shall pay them back all the above expenditure subject to certain terms and conditions described below: a. The entire cost of design, customization, implementation, operation and maintenance of the e-Ticketing project shall be borne by the IA. b. The IA would be paid by ASI for the above expenditure strictly as per the rates and amounts quoted by the IA in their commercial proposal and agreed by ASI. c. Payment will be subject to strict adherence to SLA signed between ASI and IA and subject to SLA credit/ debit points calculated by the team designated by ASI for every quarter as per the agreed methods, processes and tools. d. Payment shall be subject to penalty adjustment, if any, revealed during the SLA credit/ debit calculation or otherwise. e. Cost of third party audits, if any, shall be borne by ASI. f. ASI will make all efforts to make payments to the Bidder within 45 days of receipt of invoice(s) and all necessary supporting documents. g. All payments agreed to be made by ASI to the Bidder in accordance with the Bid shall be inclusive of all statutory levies, duties, taxes and other charges whenever levied/applicable, if any, and ASI shall not be liable to pay any such levies/ other charges under or in relation to this Contract and/or the Services. Archaeological Survey of India, Ministry of Culture Page 69 of 91
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