Name of Work Na - e-Tendering
Name of Work Na - e-Tendering
Name of Work Na - e-Tendering
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Price<br />
Variation<br />
Clause 54 : If during the operative period <strong>of</strong> the contract as defined in condition (i)<br />
below, there shall be any variation in the consumer price index (New series) for<br />
industrial <strong>Work</strong>ers for <strong>Na</strong>gpur Centre as per the Labour Gazette published by the<br />
Commissioner <strong>of</strong> Labour, Government <strong>of</strong> Maharashtra and or in the Wholesale<br />
Price index for all commodities, prepared by the <strong>of</strong>fice <strong>of</strong> Economic Advisor,<br />
Ministry <strong>of</strong> Industry, Government <strong>of</strong> India or in the price <strong>of</strong> petrol / Oil and<br />
Lubricants, and major construction material like bitumen, cement, steel, various<br />
type <strong>of</strong> metal pipes, etc. then subject to the other conditions mentioned below,<br />
price adjustment on account <strong>of</strong><br />
(i) Labour component,<br />
(ii) Material component,<br />
(iii) Petrol Oil and Lubricants components<br />
(iv) Bitumen component<br />
(v) HYSD & Mild /T.M.T /Structural Steel/ Rebars component<br />
(vi) Cement component<br />
Calculated as per formula hereinafter appearing shall be made. Apart from these,<br />
no other adjustment shall be made to the contract price for any reasons<br />
whatsoever. Component percentage as given below are as <strong>of</strong> the total cost <strong>of</strong><br />
work put to tender. Total <strong>of</strong> Labour, Material & POL components shall be 100 and<br />
other components shall be as per actual.<br />
Sr Component<br />
Percentage for Civil <strong>Work</strong><br />
No<br />
1) Labour Component - K 1 %<br />
2) Material Component - K2 %<br />
3) POL Component - K 3 %<br />
Total 100.00%<br />
4) Bitumen Component Actual<br />
5) HYSD & Mild /T.M.T<br />
Actual<br />
/Structural Steel component<br />
5) Cement Component Actual<br />
Contractor No <strong>of</strong> Correction Deputy Engineer 45