IDCOL FERRO CHROME & ALLOYS LIMITED - Tender

17This will be reimbursed to the contractor on production of necessarydocuments in support of disbursement of bonus to the labourers of thecontractor.The following records are to be submitted by the contractor before thestatutory authorities and or the company at least one month before thepayment of bonus.(i) Register for computation of allocable surplus in Form No. A.(ii)Register showing set on & set off of allocable surplus in Form No.8.(iii) Register of payment of bonus in Form No. C.(iv)9. E.S.I.Audited balance sheet for the concerned accounting years.a) The contractor has to enroll all his workmen under E.S.I. before hisworkmen are allowed entry into the plant. The contractor has tobear the employer share of ESI contribution and shall deposit boththe employer share & employee’s share as per the paymentregister and subsequent advice to Accounts Dept. by HRD Dept.before 10 th of each month.b) The contractor shall have to report all accidents occurring to hislabourers to the ESI authorities, Director of Factories, Dy. Director& Asst. Director of Factories through the Time Office, Bill Sectionand Safety Officer on the day of occurrence of the accident.c) All records and registers etc., which are required to be maintainedand inspected by the ESI Inspector from time to time shall bemaintained by the contractor and kept in the ESI Sec. of thecompany.d) If the contractor defaults in any manner to comply with theprovisions of the ESI Act & Regulations and on that score if thecompany is made liable, all such amount shall be recovered fromthe contractor’s bills with interest as applicable. Further thecontractor shall be liable for any fine or penalty imposed by theManagement / ESI authorization on this account, which shall alsobe deducted from his bills/security deposit.Signature of tenderer