Annual Rate Contract for O&M Services for NCR GAS O&M ... - GAIL

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% No increase and/or upto & inclusive of
decrease shall be (+) 50% applicable for the Schedule of Rates (The rates
quoted for this increase shall be valid). b) Beyond (-) 25% upto & For
reduction beyond inclusive of (-) 50% 25%contractor shall be compensated
by an amount equivalent to 10% of the reduction in value of the contract as
awarded. For example if the actual contract value is 70% of awarded value
then compensation shall be 10% of (75-70) i.e. 0.5% of awarded contract
value. II. For Lumpsum Contracts 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.
61 Drawings to be supplied by the employer
61.1 The drawings attached with tender are only for the general guidance to the CONTRACTOR to
enable him to visualize the type of work contemplated and scope of work involved. The
CONTRACTOR will be deemed to have studied the DRAWINGS and formed an idea about the
WORK involved.
Tender/Bid Document No: GAIL/NCR/C&P/6114
ARC for O&M Services
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