APPENDIX 2.10-A Format of Tender Notice for ... - Cg.nic.in

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Chap. II ]162Price Adjustment[ Appendix 2.10 A2.40.1. No claim for price adjustment on account of any reason whatsoever shall beentertained if construction period as per Notice Inviting Tenders is not more than 12months. If construction period is more than 12 months the amount paid to thecontractor for work shall be adjusted quarterly for increase or decrease in the rate oflabour, material and P.O.L. excepting those materials supplied by the Government (asper Annexure -L). For this purpose quarters would be January to March, April, toJune, July to September and October to December and the month/ date of openingtenders means the month / date prescribed in N.I.T. for opening the tender.(A) Labour:Increase or decrease in the cost due to labour shall be calculated quarterly inaccordance with the following formula:-P L (L-L O )V L = 0.75 X X R X100 L OWhere, V L = increase or decrease in the cost of work due to labour during the quarter.R = the value of work done in Rupees during the quarter.L O = the average consumer price index for industrial workers (wholesale prices) asapplicable at ……….. (nearest place for which the indices are published) for themonth in which the tender were opened.L = The average consumer price index for industrial workers (wholesale price for the quarter)as applicable at ………..nearest place for which the indices are published ) for thequarter under consideration.PL = Percentage of labour component shall be ………………………………………………….Note.- The index numbers of wholesale prices in India (all commodities) shall be aspublished by the Government of India, Ministry of Labour, Labour Bureau, Shimlashall be the basis for calculations(B) Materials (other than P.O.L )The increase or decrease in cost of materials other then those supplied by Governmentat fixed rate shall be calculated quarterly in accordance with the following formula;-(M-M O )V m = 0.75 X X R X 100M oWhere, V m = The increase or decrease in the cost of works due to such materials during thequarter.P mR= value of work done in Rupees during quarter.
Chap. II ]163[ Appendix 2.10 AMo = The index number of wholesale prices in India (all commodities) for the month inwhich tenders were opened.M= The average index number of wholesale prices in India (all commodities) for thequarter under consideration.Pm = Percentage of such materials component which be……………………Note:- The index numbers of wholesale prices in India (all commodities ) shall be aspublished by the Government of India, Ministry of Industry ,Office of the EconomicsAdviser.(C) P.O.LThe increase or decrease in the cost of the P.O.L. shall be calculated quarterly in accordancewith the following formula:-P P (P-P O )V P = 0.75 X X R X100 P OWhere, Vp = increase or decrease in the cost of worksdue to P. O. L. during the quarterunder consideration.R = value of work done in Rupees duringthe quarter.Po = the price of H.S.D. Oil at…………on the date on which tenders were opened.p= the average price of H.S.D. Oil at ……during the quarter under consideration.Pp = percentage of P.O.L. component shallbe.......................................2.40.2 The price adjustment clause shall be applicable only for the work that is carried outwithin the stipulated time or extension there of due to reasons as are not attributable tothe contractor.2.40.3 For the purpose of price adjustment amount of work done (“R” in the aboveformulae) during each quarter would mean value of work of completed items doneplus value of the materials on which secured advance has been granted during thequarter, less the value of the materials in respect of such secured advance that hasbeen recovered during the quarter.2.40.4 No claims for price adjustment other than these provided herein shall be entertained.
Page 4 and 5: Chap. II ]2.1.1 to 2.1.6 - Deleted.
Page 6 and 7: Chap. II ]156[ Appendix 2.10 A2.6.
Page 8 and 9: Chap. II ]158[ Appendix 2.10 Aor Dr
Page 10 and 11: Chap. II ]160[ Appendix 2.10 AList
Page 14 and 15: Chap. II ]164[ Appendix 2.10 AValid
Page 16 and 17: Chap. II ]166[ Appendix 2.10 AIn ca
Page 18 and 19: Chap. II ]168[ Appendix 2.10 Afails
Page 20 and 21: Chap. II ]170[ Appendix 2.10 AThe c
Page 22 and 23: Chap. II ]172[ Appendix 2.10 A3.17.
Page 24 and 25: Chap. II ]174[ Appendix 2.10 AANNEX
Page 26 and 27: Chap. II ]176ANNEXURE-B[ Appendix 2
Page 28 and 29: Chap. II ]178ANNEXURE-C[ Appendix 2
Page 32 and 33: Chap. II ]182[ Appendix 2.10 A(iv)(
Page 34 and 35: Chap. II ]184ANNEXURE G-IGUARANTEE
Page 36 and 37: Chap. II ]186[ Appendix 2.10 AGUARA
Page 40 and 41: Chap. II ]190[ Appendix 2.10 Adamag
Page 42 and 43: Chap. II ]192[ Appendix 2.10 Aprovi
Page 44 and 45: Chap. II ]194[ Appendix 2.10 AS.NoA
Page 48 and 49: Chap. II ] 198[ Appendix 2.114. The

APPENDIX 2.10-A Format of Tender Notice for ... - Cg.nic.in

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