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CORRIGENDUM NO. II No. CIV/ 112/2012/SM (CE ... - Tenders India

CORRIGENDUM NO. II No. CIV/ 112/2012/SM (CE ... - Tenders India

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7<br />

18. TIME OF COMPLETION<br />

Time of completion of the dredging work will be 35 days which will be reckoned<br />

from the 7 th day of date of work order or the date of handing over the site whichever<br />

is later. The work is required to start tentatively by 15 th Jan 2013.<br />

In case CSL is unable to give site in full, the same will be given in parts only. For<br />

part site handing over time will be allowed in proportion to the original contract<br />

period. <strong>No</strong> additional claim will be allowed on this account.<br />

19. COMPENSATION FOR DELAY<br />

1% (One percent) of the value of work done will be deducted from the amount<br />

payable to the contractor per week for the delayed completion. The maximum<br />

compensation for the delayed work completion will be 10% of the value of work<br />

done in the respective phase.<br />

20. QUANTITY VARIATION<br />

The contractor may note that the quantity given in the schedule is approximate. The<br />

contractor should be prepared to execute an upward deviation of 15% in quantities at<br />

the same rate quoted. However in such case additional time proportional to the<br />

original time will be allowed extra.<br />

21. SETTLEMENT OF DISPUTES<br />

The decision of Cochin Shipyard / Engineer-in-charge of the work, shall be final,<br />

conclusive and binding on all parties to contract upon all questions, relating to the<br />

meaning of specifications, drawing, sounding charts etc.<br />

Subject to what is stated above if the contractor claims that the decision or the<br />

instruction of the CSL unjustified, he shall notify this in writing to the CSL within<br />

five days of receiving such instructions or decision and state his claim, if any,<br />

quantifying it.<br />

CSL shall reply to the points raised by the contractor within 15 days.<br />

The contract shall be interpreted and have effect in accordance with the Law of <strong>India</strong><br />

and no suit or other proceedings relating to this contract shall be filed or taken by the<br />

contractor in any court of law except in the court of competent jurisdiction in Kochi<br />

where the work is being executed.<br />

Cochin Shipyard Ltd. has constituted a grievance committee has an alternate<br />

mechanism for redressal of grievances. Contractor can approach the grievance<br />

redressal committee in case, the disputes are not settled through discussions with the<br />

Engineer in charge. Presently the committee is constituted as follows

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