Western Railway - Indian Railway

Tender No.
S&T/BRC/12-13/03 (Signal)
DOWN LOADED FROM INTERNET
(iii) It is an agreed term of the contract that the sum of money so withheld or
retained under this clause by the purchaser will be kept withheld or retained
as such by the purchaser till the claim arising out of or under any other
contract is either mutually settled or determined by the Arbitrator if the other
contract is governed by the Arbitration clause or by the competent court as
the case may be, and the contractor shall have no claim for interest or
damages in respect of any sum of money withheld or retained under this
clause and duly notified to the contractor.
4.44 INSURANCE OF MATERIALS & INSTALLATIONS
The contractor shall take out and keep in force a policy or policies of Insurance
for all materials including Railway supply materials equipment irrespective of
whether used up in the portion of work already done or kept for the use in the
balance portion of the work until such works are handed over to the Railways.
The Contractor shall not be liable for losses/damages to the materials either
used up in the portion of work done or his material kept for use at site, in
consequence of mutiny, or other similar causes over which the Contractor has no
control and which cannot be insured. Such losses or damages shall be the
liability of the Railways and if required by the Railways, be made good by the
contractor, at the cost of the Railways.
The Contractor should, however, insure the stores brought to site, against risks
in consequence of war and invasion, as required under the Emergency Risk
(Goods) Insurance Act in force from time to time.
It may be noted that the beneficiary of the insurance policy should be Railways or
the policies should be pledged in favour of Railway. The contractor shall keep
the policy/policies current till the installations are handed over to the Purchaser.
It may also be noted that in the event of contractor‘s failure to keep the policy
current and alive, renewal of the policy will be done by the Railways for which the
cost of the premium plus 20% of premium shall be recovered from the contractor.
For purpose of enabling the contractor to take the insurance cover in connection
with this contract, the purchaser‘s engineer will advise the approximate price of
all the Railway‘s supply materials to the contractor.
4.45 ENGAGEMENT OF QUALIFIED ENGINEER
1. The contractor shall employ the Engineer/Diploma holder, retired Senior
Section Engineer (Signal)/Works Supervisor/Officer as under:
Works costing up to 25 lakhs:- One Engineer/Supervisor.
Works costing more than 25 lakhs & up
Engineers/Supervisors.
Works costing more than 75 lakhs:- Three
Supervisor.
to 75 lakhs:- Two
Engineers/Technical
For Sr. Divisional Signal & Telecom Engineer Page 44 of 68 Signature of Tenderer & Seal
For and on behalf of President of India