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

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

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nationalised insurance company from any branch office at Project site. f) Any<br />

such insurance requirements as are hereby established as the minimum<br />

policies and coverages which <strong>Contract</strong>or must secure and keep in <strong>for</strong>ce must<br />

be complied with, Contrator shall at all times be free to obtain additional or<br />

increased coverages at <strong>Contract</strong>or’s sole expenses. vii) ANY OTHER<br />

INSURANCE REQUIRED UNDER LAW OR REGULATIONS OR BY EMPLOYER:<br />

CONTRACTOR shall also carry and maintain any and all other insurance(s)<br />

which he may be required under any law or regulation from time to time<br />

without any extra cost to EMPLOYER. He shall also carry and maintain any<br />

other insurance which may be required by the EMPLOYER.<br />

102 Damage to Property or to any Person or any Third Party<br />

102.1 i) CONTRACTOR shall be responsible <strong>for</strong> making good to the satisfaction of the EMPLOYER<br />

any loss or any damage to structures and properties belonging to the EMPLOYER or being<br />

executed or procured or being procured by the EMPLOYER or of other agencies within in the<br />

premises of all the work of the EMPLOYER, if such loss or damage is due to fault and/or the<br />

negligence or willful acts or omission of the CONTRACTOR, his employees, agents,<br />

representatives or SUB-CONTRACTORs.<br />

ii) The CONTRACTOR shall take sufficient care in moving his plants, equipments and materials<br />

from one place to another so that they do not cause any damage to any person or to the<br />

property of the EMPLOYER or any third party including overhead and underground cables and in<br />

the event of any damage resulting to the property of the EMPLOYER or of a third party during the<br />

movement of the a<strong>for</strong>esaid plant, equipment or materials the cost of such damages including<br />

eventual loss of production, operation or services in any plant or establishment as estimated by<br />

the EMPLOYER or ascertained or demanded by the third party shall be borne by the<br />

CONTRACTOR. Third party liability risk shall be Rupees One lakh <strong>for</strong> single accident and limited to<br />

Rupees Ten lakhs.<br />

iii) The CONTRACTOR shall indemnify and keep the EMPLOYER harmless of all claims <strong>for</strong><br />

damages to property other than EMPLOYER's property arising under or by reason of this<br />

agreement, if such claims result from the fault and/or negligence or willful acts or omission of the<br />

CONTRACTOR, his employees, agents, representative of SUB-CONTRACTOR.<br />

Tender/Bid Document No: <strong>GAIL</strong>/<strong>NCR</strong>/C&P/6114<br />

ARC <strong>for</strong> O&M <strong>Services</strong><br />

79

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