IDCOL FERRO CHROME & ALLOYS LIMITED - Tender

21R 1 = (1-0.65) R + 0.65 x R x W 1 /WWhere,W = Pervious minimum labour wages of Unskilled labour inclusive of ESI,PF, Administrative charges of PF, Inspection charges of PF, EDLI of PF,Bonus, Leave, National / Festival holiday wages & Income tax.W 1 = W + Enhanced wages inclusive of ESI, P.F, Administrative charges ofPF, Inspection charges of PF, EDLI of PF, Bonus, Leave, National/Festivalholiday wages & Income tax.R = Previous contract rate per MT.R 1 = Revised contract rate per MT.The contractor shall fix wage period in respect of which wages shall be payable. Allpayment of wages and other dues shall be made on a working day at the placespecified by the management during working hours in presence of authorizedrepresentative of the management. The authorized representative has to certify thepayment as per Contract Labour (R & A) Act, 1970. If such certificate is not found inthe payment register, it shall be deemed that the contractor has failed to makepayment and shall be liable for all consequences arising there from and penalty or fineas deemed fit shall be imposed.A notice showing the wages period and the place and time of payment / disbursementof wages and other dues shall be displayed at the place of work and a copy should besent to the HRD Department and concerned department for their information andnecessary action.17. The contractor has to pay Washing allowance @ ` 3.15 per day, Conveyanceallowance @ ` 3.00 per day and other and miscellaneous allowance @ ` 1.50 per dayto each of his labour for each day of their physical attendance. The amount paid onaccount of this including the employer’s share towards ESI contribution will be borneby the contractor and the same will not be borne by the management.Further, the contractor has to pay an amount of ` 1,000/- (Rupees Onethousand) only towards dress allowance per annum to each of his labour who puts in30 days of work in the previous year. The amount so paid towards dress will bereimbursed to the contractor on production of necessary documents in support of thepayment.Signature of tenderer