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Terms and conditions for Cleaning of glassware ... - Agmarknet

Terms and conditions for Cleaning of glassware ... - Agmarknet

Terms and conditions for Cleaning of glassware ... - Agmarknet

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5. Payment terms5.1. The contractor shall ensure that payment to the workers shall notbe below the amount prescribed as per Minimum Wages Act, 1948 asnotified by the Ministry <strong>of</strong> Labour/ State Govt./Local bodies. In addition tothe wages, the contractor shall be liable to make payments <strong>of</strong> all thestatutory benefits like ESI, EPF, bonus etc. admissible to the workers asper the law applicable.5.2. The payment shall be made to the contractor on monthly basis onproduction <strong>of</strong> certificate <strong>for</strong> satisfactory service from the incharge <strong>of</strong> theconcerned laboratory. In case, the services provided by the contractor isnot found satisfactory, suitable penalty will be imposed.6. General terms <strong>and</strong> <strong>conditions</strong>6.1. The working hours <strong>for</strong> the employees <strong>of</strong> the contractor will be from------ a.m to --------p.m. on all the working days. If required, their servicesmay also be required on holiday (s) <strong>and</strong> be<strong>for</strong>e or after the <strong>of</strong>fice hours onworking days.6.2. Earnest Money Deposit (EMD) <strong>for</strong> a sum <strong>of</strong> Rs.2000/- will bedeposited by the contractor alongwith the other bidding documents. EMD isrefundable. The EMD is to be submitted in the <strong>for</strong>m <strong>of</strong> Account payeeDem<strong>and</strong> Draft, Fixed Deposit Receipt (FDR) from a Commercial Bank or Bankguarantee from a Commercial Bank.6.3. The Per<strong>for</strong>mance Security (Security Deposit) @ 2% <strong>of</strong> the annualcontract value will have to be deposited within 21 days <strong>of</strong> the issue <strong>of</strong> theaward <strong>of</strong> contract. The per<strong>for</strong>mance security is to be submitted in the <strong>for</strong>m<strong>of</strong> Account payee Dem<strong>and</strong> Draft, Fixed Deposit Receipt (FDR) from aCommercial Bank or Bank guarantee from a Commercial Bank. The bankguarantee shall be valid <strong>for</strong> the entire period <strong>of</strong> the contract.6.4 Any person who is in the Government service or an employee <strong>of</strong>the concerned laboratory should not be made a partner to the work contractby the contractor directly or indirectly in any manner whatsoever otherwisedisqualify the contract.6.5 No sub-contracting <strong>of</strong> the job shall be allowed.

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