Tender Documents - Oil India Limited

SECTION - I
GENERAL CONDITIONS OF CONTRACT
1.0 DEFINITIONS:
1.1 In the contract, the following terms shall be interpreted as indicated:
(a)
"The Contract" means agreement entered into between Company and
Contractor, as recorded in the contract Form signed by the parties,
including all attachments and appendices thereto and all documents
incorporated by reference therein;
(b) "The Contract Price" means the price payable to Contractor under the
contract for the full and proper performance of its contractual
obligations;
(c)
(d)
(e)
(f)
(g)
"The Work" means each and every activity required for the successful
performance of the services described in Section II, the Terms of
Reference.
"Company" or “OIL” means Oil India Limited;
"Contractor" means the Contractor performing the work under this
Contract.
"Contractor's Personnel" means the personnel to be provided by the
Contractor to provide services as per the contract.
"Company’s Personnel" means the personnel to be provided by OIL or
OIL's Contractor (other than the Contractor executing the Contract).
The Company representatives of OIL are also included in the
Company's personnel.
2.0 EFFECTIVE DATE, MOBILISATION TIME, DATE OF COMMENCEMENT
OF THE CONTRACT AND DURATION OF CONTRACT:
2.1 EFFECTIVE DATE OF CONTRACT : The contract shall become effective as
of the date, Company notifies the successful bidder, in writing through
Letter of Awards (LOA) that it has been awarded the contract. This date of
issue of LOA shall be treated as the Effective Date of Contract.
2.2 MOBILISATION TIME : The mobilization of equipment, personnel etc.
should be completed by Contractor within 4 months from the effective date
of the contract. Mobilization shall be deemed to be completed when
Contractor‟s equipment and manpower are placed at the nominated location
in readiness to commence Work as envisaged under the Contract duly
certified by the Company‟s authorized representative.
2.3 DATE OF COMMENCEMENT OF CONTRACT: The date on which the
mobilization is completed in all respects is treated as date of
commencement of Contract.