PUNJAB STATE POWER CORPORATION LIMITED

Sr. No. Particulars Percentage ofContract Value1. After completion of the job asmentioned in Module-I, i.e. on10%the submission ofimplementable road map foreffective financial managementfunction as agreed withPSPCL.2. After completion of the job asmentioned in Module-2, i.e. onthe submission of all theManuals as agreed with thePSPCL.Note- The 10% percentage ofthe contract value is linkedafter submission of 2 nd draft ofall manuals and balance 10%on finalization of manuals.3. After completion of the jobs asmentioned in Module-3 i.e. onthe submission of report onorganization restructuring andmodule-4 i.e. formulation ofkey performance indicators(KPIs)4. After completion of module-5 i.e.on completion of training ofofficers and staff of accounts andfinance personnel, both ofcooperative office and at unitlevel.5. After completion ofimplementation support toPSPCL as per Phase-II.Note- This 40% shall beapportioned in 4 parts, andeach part is payable afterevery three months fromcommencement of Phase-II.6. The last installment shall bepayable on the faithfulexecution of entire job as percontract.20%10%10%40%10%40