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92. Payment <strong>of</strong> contractor's<br />

bill:<br />

matters pertaining to applicability <strong>of</strong> rate and admittance <strong>of</strong><br />

otherwise <strong>of</strong> an extra work claim <strong>of</strong> CONTRACTOR the<br />

decision <strong>of</strong> ENGINEER-IN-CHARGE shall be final and<br />

binding.<br />

92.1 No payment shall be made <strong>for</strong> works estimated to cost less<br />

than Rs.10,000/- till the whole <strong>of</strong> the work shall have been<br />

completed and a certificate <strong>of</strong> completion given. But in case<br />

<strong>of</strong> works estimated to cost more than Rs.10,000/-, that<br />

CONTRACTOR on submitting the bill there<strong>of</strong> be entitled to<br />

receive a monthly payment proportionate to the part there<strong>of</strong><br />

approved and passed by the ENGINEER-IN-CHARGE,<br />

whose certificate <strong>of</strong> such approval and passing <strong>of</strong> the sum so<br />

payable shall be final and conclusive against the<br />

CONTRACTOR. This payment will be made after making<br />

necessary corrections/deductions as stipulated elsewhere in<br />

the CONTRACT DOCUMENT <strong>for</strong> materials, Contract<br />

Per<strong>for</strong>mance Security, taxes etc.<br />

92.2 Payment due to the CONTRACTOR shall be made by the<br />

EMPLOYER by Account Payee cheque <strong>for</strong>warding the same<br />

to registered <strong>of</strong>fice or the notified <strong>of</strong>fice <strong>of</strong> the<br />

CONTRACTOR. In no case will EMPLOYER be<br />

responsible if the cheque is mislaid or misappropriated by<br />

unauthorised person/persons. In all cases, the<br />

CONTRACTOR shall present his bill duly pre-receipted on<br />

proper revenue stamp payment shall be made in Indian<br />

Currency.<br />

92.3 In general payment <strong>of</strong> final bill shall be made to<br />

CONTRACTOR within 60 days <strong>of</strong> the submission <strong>of</strong> bill on<br />

joint measurements, after completion <strong>of</strong> all the obligations<br />

under the CONTRACT.<br />

93. Receipt <strong>for</strong> payment: 93.1 Receipt <strong>for</strong> payment made on account <strong>of</strong> work when executed<br />

by a firm, must be signed by a person holding due power <strong>of</strong><br />

attorney in this respect on behalf <strong>of</strong> the CONTRACTOR,<br />

except when the CONTRACTOR's are described in their<br />

tender as a limited company in which case the receipts must<br />

be signed in the name <strong>of</strong> the company by one <strong>of</strong> its principal<br />

<strong>of</strong>ficers or by some other person having authority to give<br />

effectual receipt <strong>for</strong> the company.<br />

94. Completion certificate: 94.1 APPLICATION FOR COMPLETION CERTIFICATE:<br />

When the CONTRACTOR fulfils his obligation under Clause<br />

81.1 he shall be eligible to apply <strong>for</strong> COMPLETION<br />

CERTIFICATE.<br />

The ENGINEER-IN-CHARGE shall normally issue to the<br />

CONTRACTOR the COMPLETION CERTIFICATE within<br />

one month after receiving any application there<strong>for</strong>e from the<br />

104

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