FMS - GAIL

CONTRACTOR.
c) If the rates for the altered, additional or
substituted WORK cannot be determined in the
manner specified in sub-clause(s) and (b) above,
then the CONTRACTOR shall, within 7 days of
the date of receipt of order to carry out the
WORK, inform the ENGINEER-IN-CHARGE of
the rates which it is his intention to charge for
such class of WORK, supported by analysis of
the rate or rates claimed, and the
ENGINEER-IN-CHARGE shall determine the
rate or rates on the basis of the prevailing market
rates, labour cost at schedule of labour rates
plus 10% to cover contractor's supervision,
overheads and profit and pay the
CONTRACTOR accordingly. The opinion of the
ENGINEER- IN-CHARGE as to current market
rates of materials and the quantum of labour
involved per unit of measurement will be final
and binding on the CONTRACTOR.
d) Where the item of work will be executed through
nominated specialist agency as approved by the
ENGINEER-IN-CHARGE, then the actual
amount paid to such nominated agency
supported by documentary evidence and as
certified by ENGINEER-IN-CHARGE shall be
considered plus 10% (ten percent) to cover all
contingencies, overhead, profits to arrive at the
rates.
e) Provisions contained in the Sub-clause (a) & (d)
above shall, however, not apply for the
following:-
Where the value of additions of new items
together with the value of alterations,
additions/deletions or substitutions does not
exceed by or is not less than plus/minus (+_)25%
of the VALUE OF CONTRACT. The item rates in
the Schedule of Rates shall hold good for all
such variations between the above mentioned
limits, irrespective of any increase/decrease of
quantities in the individual items of Schedule of
Rates.
Where the value of addition of new items
together with the value of alterations,
additions/deletions or substitutions reduces more
than 25% of the contract value but is within the
following limits the tenderer shall be paid
compensation for decrease in the value of work,
as follows:
S.No. Range of Variation Percentage compensation for
decrease in the value of work
in the respective range.
a) Beyond (+) 25% upto & No increase and/or decrease
inclusive of (+) 50% shall be applicable for the
Schedule of Rates (The rates
quoted for this increase shall
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