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REGIONAL INSTITUTE OF MEDICAL SCIENCES IMPHAL ...

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Schedule F<br />

Base prices to be considered for escalation & recoveries<br />

Sl. No Material Star Price<br />

(Rate in Figures and Words)<br />

1 For Cement as valid at the time of last<br />

stipulated date of receipt of<br />

tender and shall be intimated<br />

accordingly<br />

2(a)<br />

2(b)<br />

For Reinforcement Steel TMT bars<br />

8 and 10 mm FE 415/500<br />

For Reinforcement Steel TMT bars<br />

12 mm and above FE-415/500<br />

as valid at the time of last<br />

stipulated date of receipt of<br />

tender and shall be intimated<br />

accordingly<br />

as valid at the time of last<br />

stipulated date of receipt of<br />

tender and shall be intimated<br />

accordingly<br />

36.2.1 Subsequent Legislation<br />

If, after the date seven days prior to the latest date for submission of Bids<br />

for the Works, there occurs changes to any National or State Statute,<br />

Ordinance, Decree or other law or any regulation or bye-law of any local<br />

or other duly constituted authority or the introduction of any such statute<br />

ordinance, etc. which causes additional or reduced cost, the same shall be<br />

certified by the Engineer and shall be paid by or credited to the Employer<br />

and the Contract Price adjusted accordingly.<br />

The following items are not to be included in the price adjustment<br />

calculations:<br />

a. Liquidated Damages.<br />

b. Retention money withheld and released.<br />

c. Advance payments in the form of loan and their repayments.<br />

d. Value of any additional or varied work valued at current price.<br />

e. Payment to nominated subcontractors included as "Provisional<br />

sums" or "Prime cost" items in the Contract Price.<br />

HSCC/RIMS/2010/01 P I<br />

SCC-24

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