BID DOCUMENTS - IDCO

Corporation shall at the same time inform the Contractor whether it claims compensation for delay and
recover the same as a penalty for delay. No price escalation will be allowed in the event of extension of
time granted on genuine grounds.
CLAUSE - V I:
FINAL CERTIFICATE :
On completion of the work, the Contractor shall be furnished with a certificate by the Corporation of such
completion, but not such certificate be given not shall the work considered to be completed until the
Contractor shall have removed from the area of the premises (to be distinctly marked by the Corporation
in the site plan) on which the work shall be executed, all scaffolding, surplus materials and rubbish, and
cleaned off the dirt from all woodwork, doors, windows, walls, floors or other parts of any structure, in
upon or about which the work is to be executed or of which he may have had possession for the purpose
of the execution thereof nor until the work shall have been measured by the authorised officer of Orissa
Industrial Infrastructure Development Corporation in accordance with the rules of the department whose
measurements shall be binding and conclusive against the Contractor. If the Contractors shall fail to
comply with the requirements of this clause as to removal of scaffolding, surplus materials and rubbish,
and cleaning off dirt on or before the date fixed for the completion of the work, the authorised officer of
the Corporation may at the expense of the Contractor remove such scaffoldings, surplus materials and
rubbish, and dispose of the same as he thinks fit and clean off such dirt as aforesaid, and the Contractor
shall forthwith pay the amount of all expenses incurred and shall have no claim in respect and such
scaffolding or surplus materials as aforesaid except for any sum actually realised by the sale thereof.
CLAUSE - VII :
PAYMENT ON INTERMEDIATE CERTIFICATE TO BE REGARDED AS ADVANCE AND BILL
TO BE SUBMITTED MONTHLY :
A bill shall be submitted by the Contractor each month or before the date fixed by the Corporation for all
works executed in the previous month and the authorised officer of the Corporation or his subordinate
shall take the requisite measurement for the purpose of having the same verified and the claim as far as
admissible, adjusted if possible, before the expiry of ten days from the presentation of the bill. If the
Contractor does not submit the bill within the time fixed as aforesaid, the authorised officer of the
Corporation or his subordinate shall measure up the said work in the presence of the Contractor whose
counter signature to the measurement list shall be sufficient warrant and the authorised officer of the
Corporation or his subordinate shall prepare a bill from such list which shall be binding on the Contractor
in all respects.
Provided that, if any balance of the 7% (seven percent) security is outstanding from each such payment
shall be deducted so much, not exceeding 5% as may be necessary to make up the balance of the
security. All such intermediate payments to the Contractor shall be regarded as payments by way of
advance against the final payment only and not as payments for work actually done and completed and
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