registration of contractors for transportation of coal & sand on ...

REGISTRATIONOFCONTRACTORSFORTRANSPORTATIONOFCOAL & SANDONSCHEDULERATESAS FIXED BYBCCL(FOR REGISTRATION)Vol. - IALL PAGES TO BE SIGNED WITH DATE AND SEAL BY THE PROSPECTIVE APPLICANTAS A TOKEN OF ACCEPTANCE OF THE TERMS AND CONDITIONS CONTAINED IN THEBOOK & SUBMITTED AS ENCLOSURESANDTHE SAME SHALL BE BINDIG DURING THE CURRENCY OF THE REGISTRATION

Registration <strong>of</strong> ContractorsINDEX127,&(,19,7,1*$33/,&$7,21 pagesApplication FormAffidavit to be given2 pages1 pageDocument issued to :Against cash receipt/DD No.datedAmount (Rs.)Signature <strong>of</strong> issuing <strong>of</strong>ficial <strong>of</strong> BCCLDate <strong>of</strong> issue :

%+$5$7&2.,1*&2$//,0,7('2)),&(2)7+(*(1(5$/0$1$*(5&2175$&70$1$*(0(17&(///(9(/9.2

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ffice <strong>of</strong> the Chief Sales Manager, Sales and Marketting , BCCL Desk Office, 6,Lyons Range,Kolkata 7KHFRPSDQ\UHVHUYHVWKHULJKWWRUHMHFWDQ\DOODSSOLFDWLRQVZLWKRXWDVVLJQLQJDQ\UHDVRQVZKDWVRHYHUDQGWKHFRPSDQ\VGHFLVLRQLQWKHPDWWHUVRIUHJLVWUDWLRQVKDOOEHILQDO VG *HQHUDO0DQDJHU&0& D I S T R I B U T I O N:PRO – with a request to upload NIA as above on Company’s Web site in full. The downloadingfacility should be available during the period <strong>of</strong> sale <strong>of</strong> application document. And topublish the extract <strong>of</strong> this NIA as under, as directed by FDs, in local as well as National dailiesas per norms <strong>of</strong> the Company and also advise the publisher concerned to send the paper cutting tothe Tendering Authority.Notice Inviting Applications No.%&&/&0&1,$625 GDWHGGeneral Manager, Contract Management Cell, Koyla Bhawan, BCCL, Dhanbad invitesapplications <strong>for</strong> <strong>registration</strong> <strong>of</strong> <strong>contractors</strong> <strong>for</strong> <strong>transportation</strong> <strong>of</strong> <strong>coal</strong> / <strong>sand</strong> in BCCL.e Sale period – 26.5.2008 to 11.06.2008, Submission date - 19.06.2008.For further details kindly visit our website - http: // bccl.cmpdi.co.in-sd-GM(CMC)Cc: D (T) OP/D (T) P&P/D (F)/D (P)/CVO.CC:CGM (Cordn)/GM (Finance)/CGM (S&M)/GM (Excvn)/ CGM (IE) / GM(System)Cc: Sr.ES to CMD <strong>for</strong> kind in<strong>for</strong>mation <strong>of</strong> CMD.Cc:GM (Admn) with a request to display this NIT in Koyla Bhawan Notice Boards.Cc: All CGMs/GMs in the Areas including Washery Zones <strong>for</strong> wide circulation throughdisplay in the Notice Boards.Cc:Inspector, CISF- with request to deploy security personnel at the <strong>of</strong>fice <strong>of</strong>GM(CMC), Level-V, Koyla Bhawan on the dates <strong>of</strong> receipt and opening <strong>of</strong> tenders from9.30A.M to 5.00P.M and on from 3.00 P.M till end <strong>of</strong> the meeting respectively.Cc: Chief Sales Manager, Sales & Marketing Deptt, BCCL, 6,lyons Range, Kolkata.Cc: CGM (Production), CIL, Kolkata.Cc: General Manager (Contract Management Cell), ECL/WCL/CCL/SECL/ NCL/MCL.

$33/,&$7,21)250)255(*,675$7,212)&2175$&7256%+$5$7&2.,1*&2$//,0,7('2)),&(2)7+(*(1(5$/0$1$*(5&2175$&70$1$*(0(17&(///(9(/±9.2

)LQDQFLDO5HVRXUFHV3DUWLFXODUV7KH DSSOLFDQWV PD\ SURYLGH GRFXPHQWDU\ HYLGHQFH WR SURYH DYDLODELOLW\ RIDGHTXDWHILQDQFLDOUHVRXUFHVWRH[HFXWHFRQWUDFWVD&RS\RIDXGLWHG%DODQFH6KHHWRIODVW\HDUVE $Q\ QDWLRQDOLVHG EDQNV UHIHUHQFHFHUWLILFDWH IRU VDWLVIDFWRU\ FRQGXFW RIDFFRXQWVLQGLFDWLQJYROXPHRIWUDQVDFWLRQVDVVHWVRZQHGHWFF3HUPDQHQW,QFRPH7D[$FFRXQW1R3$1PDQGDWRU\8. Technical ResourceD /LVW RI WHFKQLFDO SHUVRQQHO DYDLODEOH ZLWK WKH DSSOLFDQW ZLWK WKHLUTXDOLILFDWLRQVE/LVWRISODQWDQGPDFKLQHU\HTXLSPHQWHWFDYDLODEOHZLWKWKHDSSOLFDQWWREH HOLJLEOH WKH DSSOLFDQW PXVW RZQ DW OHDVW RQH WLSSHU WUXFN $OO YHKLFOHVUHJLVWUDWLRQSDSHUVWREHHQFORVHG9. Other Details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³$SSOLFDWLRQIRU5HJLVWUDWLRQRI&RQWUDFWRUV´DGGUHVVHGWR*HQHUDO0DQDJHU&RQWUDFW0DQDJHPHQW&HOO/HYHO9.R\OD%KDZDQ'KDQEDG±(UDVXUHVRYHUZULWLQJVLIDQ\PD\GLVTXDOLI\WKHDSSOLFDQW&RUUHFWLRQVZKHUHQHFHVVDU\VKDOOEHPDGHE\FURVVLQJRXWDQGUHZULWWHQDWWHVWHGZLWKIXOOVLJQDWXUHDQGGDWH$SSOLFDWLRQVKRXOGEHSURSHUO\ILOOHGXSLQ(QJOLVK+LQGLDQGVXEPLWWHGDVSHULQVWUXFWLRQ2WKHUZLVHWKLVLVOLDEOHIRUUHMHFWLRQ2QO\RQHDSSOLFDWLRQFDQEHVXEPLWWHGE\WKHDSSOLFDQWDORQZLWKUHTXLVLWHUHJLVWUDWLRQIHH $SSOLFDWLRQ IRU UHJLVWUDWLRQ VKRXOG EH VXEPLWWHG IRU WKH MREV UHTXLUHG DV VSHFLILHG LQ WKH 1RWLFH LQYLWLQJDSSOLFDWLRQDQGDVSHULQVWUXFWLRQFRQWDLQHGWKHUHLQ&DQYDVVLQJLQDQ\IRUPLVSURKLELWHGDQGDSSOLFDWLRQVVXEPLWWHGE\WKHDSSOLFDQWVZKRUHVRUWWRFDQYDVVLQJLVOLDEOHWREHUHMHFWHG

)RUPDWIRU$IILGDYLW1RQ-XGLFLDO6WDPS3DSHU6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH$)),'$9,7 ,3DUWQHU/HJDO$WWRUQH\$FFUHGLWHG5HSUHVHQWDWLYHRI06VROHPQO\GHFODUHWKDW :H DUH VXEPLWWLQJ 7HQGHU IRU WKH :RUN««««««DJDLQVW7HQGHU1RWLFH1RGDWHG««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

BHARAT COKING COAL LIMITED(A Subsidiary <strong>of</strong> Coal India Limited)BOOKLET FOR CONTRACTS ONSCHEDULEINCLUDING RATES-NormsTERMS AND CONDITIONS(FOR REGISTRATION)Vol. - IIALL PAGES TO BE SIGNED WITH DATE AND SEAL BY THE PROSPECTIVE APPLICANTAS A TOKEN OF ACCEPTANCE OF THE TERMS AND CONDITIONS CONTAINED IN THEBOOK & SUBMITTED AS ENCLOSURESANDTHE SAME SHALL BE BINDIG DURING THE CURRENCY OF THE REGISTRATION

Registration <strong>of</strong> ContractorsINDEXPAGE NO.ADDENDUMAGENERAL INFORMATION 1 to 2AWARD PROCEDURE 3GENERAL TERMS AND CONDITIONS 4 to 13SPECIAL TERMS AND CONDITIONS 14 to 19AGREEMENT FORMAT 20NON JUDICIAL STAMP PAPER VALUESFOR EXECUTION OF AGREEMENT 21EXISTING RATES 22Document issued to :Date :Signature <strong>of</strong> issuing <strong>of</strong>ficial <strong>of</strong> BCCL

Page-AADDENDUMThe following clause shall appear –under clause 11 <strong>of</strong> general terms and conditions pertaining to Responsibilities <strong>of</strong> the contractoras last para <strong>of</strong> sub clause – iii11(iii) The contractor/ <strong>contractors</strong> shall at all times ensure that all dumpers / tippers engaged inmining related activity are provided/fitted (i) Full cabin canopy,(ii) tail lamp guard kit,(iii) propellershaft guard, (iv)blind spot mirror, (v) body locking device, (vi)reflex reflector on body, (vii)seat beltreminder, (viii)limiting speed device, (ix)audio-visual alarm during reverse gear with flasher,(x)provision <strong>of</strong> two brakes, (xi)exhaust / retard brake, (xii)body lifting position locking arrangementand (xiii)semi automatic fire suppression system in addition to other safety features.The contractual agency shall comply with all safety aspects and different statutes <strong>of</strong> DGMSregarding safety <strong>of</strong> men and equipment . In case the executing authority finds any deviations,such vehicles / equipments should be stopped <strong>for</strong>thwith and and alternative vehicle / equipmentsare to be deployed by the executing contractor immediately.Under clause- 6 <strong>of</strong> special terms and conditions <strong>for</strong> transport contract respectively6.01 In case <strong>of</strong> marginal increase in slab distance from upper limit <strong>of</strong> distance slab ( upto 100mtr.) from sources to destination preceding slab will be taken into account. However, in case <strong>of</strong>increase <strong>of</strong> lead by more than 100 mtr. over the upper limit <strong>of</strong> the distance slab next slab may beconsidered. For example the measured lead <strong>of</strong> 1.101 KM to 2.100 KM shall be considered to bewith 1 – 2 KM slab distance.

GENERAL INFORMATION1.0. This shall be known as SOR-2008 and the schedule <strong>of</strong> rates <strong>for</strong> <strong>transportation</strong> <strong>of</strong> <strong>coal</strong> and<strong>sand</strong> from surface to surface and face to surface inclusive <strong>of</strong> allied jobs shall becirculated centrally by BCCL Hqr.,from time to time.2.0. The basic rates shall be revised on 1 st April every year irrespective <strong>of</strong> diesel price variationi.e. considering all component variables. However, during the financial year in case <strong>of</strong>variation <strong>of</strong> price <strong>of</strong> diesel by more than 5%, only diesel escalation/ de-escalation shall bepayable/ recoverable from the date <strong>of</strong> such change.3.0. BCCL mines area spread in the states <strong>of</strong> Jharkhand and West Bengal .4.0. The rates shall be effective from 1.4.2008 and will be subject to diesel escalation/ deescalationas stated above.A. Such rates shall be based on the retail sale price <strong>of</strong> diesel at IOC, Dhanbad <strong>for</strong> all theBCCL mines located in Jharkhand State. ANDB.Such rates shall be based on the retail sale price <strong>of</strong> diesel at IOC, Asanso <strong>for</strong> all theBCCL mines located in West Bengal State.5.0. The diesel price at which the rates shall be circulated centrally by Hqr. will be known asdiesel base price (DBP) and shall also be communicated and confirmed by Hqr.6.0. The award value shall accordingly be adjusted consequent to more than (+)/(-)5% changein the diesel base price. However, the awarded value at the originally awarded contractdiesel base price shall be governing while processing deviations / revisions in the contract.7.0. Apart from the above <strong>transportation</strong> and loading rates the SOR <strong>contractors</strong> shall be eligible<strong>for</strong> compensation/ payment <strong>for</strong> the following:(i) PICKING CHARGES - shall be payable only at mines where the same is beingpaid subject to the condition that the CGM/ GM <strong>of</strong> the area shall certify that picking hasbeen done. No new source / mine shall come under the perview <strong>of</strong> picking charges exceptwhere specific Board approval exist. The rates payable per tonne <strong>of</strong> <strong>coal</strong> handled shall beas circulated by Hqr.(ii) BREAKING CHARGES - breaking charges in general shall not be payablehence<strong>for</strong>th unless and until the same has approval <strong>of</strong> the concerned Director(Technical) incase <strong>of</strong> emergencies like breakdown <strong>of</strong> feeder breaker or otherwise <strong>for</strong> which area CGM/GM shall initiate a proposal giving details <strong>of</strong> breakdown, likely period <strong>of</strong> breakdonalongwith quantity <strong>of</strong> <strong>coal</strong> proposed to be by-passed as well value. Moreover, ef<strong>for</strong>tsshould be made to install additional feeder breakers so that entire quantity <strong>of</strong> OCP <strong>coal</strong>passes through feeder breaker and eliminate payment on this account. Moreover, this rateshall be payable only at mines where the same is being paid subject to the condition thatthe CGM/ GM <strong>of</strong> the area shall have to certify that the breaking <strong>of</strong> lumpy <strong>coal</strong> has beendone. No new source / mine shall come under the perview <strong>of</strong> breaking charges exceptwhere specific Board approval exists.The rates payable per tonne <strong>of</strong> <strong>coal</strong> handled shall beas circulated by Hqr.(iii) WEIGHMENT CHRGES- Rs.1.17/tonne per weighment <strong>of</strong> <strong>coal</strong> shall becomepayable <strong>for</strong> any distance slab only after varification <strong>of</strong> weighment challans.8. Except otherwise provided/communicated by Hqr., no escalation will be admissible<strong>for</strong> picking, breaking and weighment charges.16LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH

9. Compensatory constraint allowance(CCA):Compensatory Constraints Allowance will be payable only in cases where constraints in route <strong>of</strong><strong>transportation</strong> causing detention <strong>of</strong> trucks / tippers <strong>for</strong> <strong>transportation</strong> <strong>of</strong> <strong>sand</strong> and <strong>coal</strong> areencountered such asi) In operation Manned railway level crossing causing substantial detention <strong>of</strong> the tippingtrucks/ trucks.ii)iii)Crowded bazars/ localities affecting the number <strong>of</strong> tripsExcessive detention at loading & unloading points.The compensatory constraints allowance (CCA) to be paid <strong>for</strong> the above constraints(routewise) shall be determined by a committee constituted at area level by the concerned areaCGM/ GM consisting <strong>of</strong> Addl.G.M., A.F.M., Area survey <strong>of</strong>ficer and concerned Project Officer.The Committee will inspect the routes and will determine the amount <strong>of</strong> CCA to be awarded basedon the weitage fixed on above mentioned reasons and will submit its report to the concerned CGM/GM <strong>of</strong> the area, who may accept, amend or reject the recommendation <strong>of</strong> the committee and hisdecision will be final in this regard.A maximum <strong>of</strong> Rs.0 to Rs.0.70 per tonne <strong>for</strong> 0-1KM slab and Rs.0.00 to Rs.1.50 per tonne <strong>for</strong> 1-2KM and above slabs in case <strong>of</strong> <strong>coal</strong> <strong>transportation</strong> from surface to surface is payable on aboveconstraints taken severally or jointly . Similarly Rs.0 to Rs.2.00 per cu.m. in case <strong>of</strong> <strong>sand</strong><strong>transportation</strong> will be payable on above constraints. These being fixed rates no escalation will bepayable.No CCA is payable <strong>for</strong> <strong>transportation</strong> <strong>of</strong> <strong>sand</strong> from stockyard to bunker.10. Lead (Distance) Measurement :(a) In all cases, lead (distance) means the one way shortest distance <strong>of</strong> <strong>transportation</strong> route.(b) The lead slabs (distance) shall be as circulated by HQ.(c) All lead measurements will be determined by a Committee consisting <strong>of</strong> area representatives asnominted by CGM/GM <strong>of</strong> the concerned area and one representative <strong>of</strong> Industrial EngineeringDept.BCCL H.Q.or as decided by concerned Director(Technical). The lead measurement thustaken shall have to be approved by concerned Directors-Technical.BCCL. The leadmeasurements thus approved shall be valid until there is a change in the route <strong>of</strong> <strong>transportation</strong> .(d)No measured approved route should be changed without the approval <strong>of</strong> the concernedDirector(Technical).The responsibility <strong>of</strong> communicating the conceived/proposed changes in theroute shall vest with the Area Transport Officer or the person nominated <strong>for</strong> this purpose byCGM/ GM <strong>of</strong> the area. In case <strong>of</strong> any change in the route the proposal <strong>for</strong> changing such route isto undergo the process defined in 10 ( c ).(e) The distance <strong>of</strong> all the routes <strong>for</strong> <strong>transportation</strong> are also to be verified at regular interval notexceeding three years <strong>for</strong> any route by IED/BCCL or as directed by concernedDirector(Technical) and to communicate changes if nay found during the surprise checks.(f) In case <strong>of</strong> marginal increase in slab distance from upper limit <strong>of</strong> the distance slab upto 100meter from source to destination, preceeding slab will be taken into account. However, in case<strong>of</strong> increase <strong>of</strong> lead by more than 100 meter over the upper limit <strong>of</strong> the distance slab, nextdistance slab may be considered. For example the measured lead <strong>of</strong> 1.101 KM to 2.100 KM shalbe considered to be with 1-2KM slab distance. This procedure shall be considered <strong>for</strong> alldistance slabs.11. The SOR-08 does not include royalty / Cess and if these are payable the same shall bepaid by the Management to the respective State Govt. Similarly Service Tax if applicable thesame shall be re-imbursed to the contractor by concerned area <strong>of</strong> BCCL on production <strong>of</strong>documentary evidence <strong>of</strong> having made such payment or to be dealt as per extent rules.26LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH

AWARD PROCEDURE1. All contracts which are proposed to be executed through empanelled SORregistered <strong>contractors</strong> through discount bid notices having wide publicity withinareas <strong>of</strong> BCCL can be awarded only after sanction <strong>of</strong> the proposed works estimateon standard <strong>for</strong>mat <strong>for</strong> each type <strong>of</strong> work i.e. <strong>coal</strong> or <strong>sand</strong> <strong>transportation</strong> activities<strong>for</strong> which there exist budget provisioning.2. Works on SOR <strong>for</strong> a predefined execution period can be awarded to onlyregistered eligible SOR <strong>contractors</strong> after calling Notice <strong>of</strong> discount bid with copiesto all eligible registered <strong>contractors</strong> through post and also to be displayed innotice boards by the concerned area.3. No work on SOR can be awarded over and above the then prevailing approvedand notified schedule <strong>of</strong> rates.4. Work to be distributed amongst registered SOR <strong>contractors</strong> in case more than onecontractor is interested to do the job and have quoted same lowest rates.5. works to be awarded by concerned areas’ CGMs / GMs as per delegation <strong>of</strong>power as in <strong>for</strong>ce from time to time.6. For works valuing Rs.1 crore and above the Discount Bid Notice would have the fleetreqirement criteria which would be “possession <strong>of</strong> at least 20% <strong>of</strong> the <strong>transportation</strong>equipments required based on the quantities put to <strong>of</strong>fer”.The clause in the DiscountBid Notice would appear below the table <strong>of</strong> the notice in the 1 st page and aboveAvailability <strong>of</strong> Bid documents,as –Quailfying Criteria-The intending bidder must posses at least……tipper and….payloader in its own name to be eligible <strong>for</strong> award <strong>of</strong> this work.7. Penal action in case <strong>of</strong> failure on the part <strong>of</strong> the bidder : The <strong>registration</strong> <strong>of</strong> the SORcontractor shall stand cancelled and withdrawn in case the successful Bidder, failswithin the specified time limit to furnish the required Per<strong>for</strong>mance Security/ InitialSecurity Deposit , sign the Agreement and the bidder does not start the work withinstipulated time. This de-listing shall be applicable on all future works after the issue<strong>of</strong> such de-listing order . SOR registered contractor so de-listed on this count, mayappeal to the Director Technical , BCCL <strong>for</strong> re-<strong>registration</strong>. However, re-<strong>registration</strong><strong>of</strong> a de-listed SOR contractor will be on merit and at the sole discretion <strong>of</strong> BCCLmanagement. If the application <strong>for</strong> re-<strong>registration</strong> is agreed to by BCCL managementthe de-listed SOR contractor will have to deposit Rs.10,000/- towards re-<strong>registration</strong>fee (non-refundable).6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH3

*(1(5$/7(506$1'&21',7,216 '(),1,7,216L7KHZRUG³&RPSDQ\´RU³(PSOR\HU´RU³2ZQHU´ZKHUHYHURFFXUVLQWKHFRQGLWLRQVPHDQVWKH%KDUDW&RNLQJ&RDO/LPLWHGUHSUHVHQWHGDWWKHKHDGTXDUWHUVRIWKH&RPSDQ\E\WKH&KDLUPDQ&XP0DQDJLQJ'LUHFWRUDQGUHSUHVHQWHGDWDUHDVRIWKHFRPSDQ\E\&KLHI*HQHUDO0DQDJHU*HQHUDO0DQDJHUORUWKHLUDXWKRULVHGUHSUHVHQWDWLYHRUDQ\RWKHURIILFHUVSHFLDOO\GHSXWHGIRUWKHSXUSRVHLL 7KH ZRUG ³3ULQFLSDO (PSOR\HU´ ZKHUHYHU RFFXUV PHDQV WKH DXWKRULVHG UHSUHVHQWDWLYH RU DQ\ RWKHURIILFHUVSHFLDOO\GHSXWHGE\WKH&RPSDQ\IRUWKHSXUSRVHLLL 7KHZRUG³FRQWUDFWRU´´FRQWUDFWRUV´ZKHUHYHURFFXUVPHDQVWKHVXFFHVVIXO625UHJLVWHUHGFRQWUDFWRU««««««««««LY ³7KH 6LWH´ VKDOO PHDQ WKH VLWH RI WKH FRQWUDFW ZRUN LQFOXGLQJ ODQG DQG DQ\ EXLOGLQJ DQG HUHFWLRQVWKHUHRQDQGDQ\RWKHUODQGDOORWWHGE\WKHFRPSDQ\IRUFRQWUDFWRUVXVHv.µ$FFHSWLQJ DXWKRULW\ VKDOO PHDQ WKH PDQDJHPHQW RI WKH FRPSDQ\ DQG LQFOXGHV DQ DXWKRULVHGUHSUHVHQWDWLYHRIWKHFRPSDQ\RUDQ\RWKHUSHUVRQRUERG\RISHUVRQVHPSRZHUHGLQWKLVEHKDOIE\WKHFRPSDQ\YLvii.YLLL$µ'D\µ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µFRQWUDFWVKDOOPHDQWKHQRWLFHLQYLWLQJGLVFRXQWELGVWKHRIIHUDVDFFHSWHGE\WKHFRPSDQ\DQGWKHIRUPDOZRUNRUGHUDJUHHPHQWH[HFXWHGEHWZHHQWKHFRPSDQ\DQGWKHFRQWUDFWRUWRJHWKHUZLWKWKHGRFXPHQWVUHIHUUHGWRWKHUHLQLQFOXGLQJJHQHUDOWHUPVDQGFRQGLWLRQVVSHFLDOFRQGLWLRQVLIDQ\VFKHGXOHRITXDQWLWLHVZLWKUDWHVDQGDPRXQWV6FKHGXOHRIZRUNL[ 7KHµZRUNVVKDOOPHDQWKHZRUNVUHTXLUHGWREHH[HFXWHGLQDFFRUGDQFHZLWKWKHFRQWUDFWRUSDUWVWKHUHRIDVWKHFDVHPD\EHDQGVKDOOLQFOXGHDOOH[WUDRUDGGLWLRQDORUDQ\ZRUNRIHPHUJHQWQDWXUHZKLFKLQWKHRSLQLRQRIWKH(QJLQHHULQFKDUJHEHFRPHQHFHVVDU\GXULQJWKHSURJUHVVRIWKHZRUNVWRREYLDWHDQ\ULVNRUDFFLGHQWRUIDLOXUHRUEHFRPHQHFHVVDU\IRUVHFXULW\[µ6FKHGXOH RI 5DWHV UHIHUUHG WR LQ WKHVH FRQGLWLRQV VKDOO PHDQ WKH VWDQGDUG VFKHGXOH RI UDWHVSUHVFULEHGE\WKHFRPSDQ\DQGWKHDPHQGPHQWVLVVXHGIURPWLPHWRWLPHµ&RQWUDFWSULFHVKDOOPHDQDLQWKHFDVHRIOXPSVXPFRQWUDFWVWKHWRWDOVXPIRUZKLFKRIIHULVDFFHSWHGE\WKHFRPSDQ\D LQWKHFDVHRIRWKHUW\SHVRIFRQWUDFWVWKHWRWDOVXPDUULYHGDWEDVHGRQWKHLQGLYLGXDOUDWHVTXRWHGE\WKHFRQWUDFWRUIRUWKHYDULRXVLWHPVVKRZQLQWKHµ%LOORITXDQWLWLHVRIWKHWHQGHUGRFXPHQWVDVDFFHSWHGE\WKHFRPSDQ\ZLWKRUZLWKRXWDQ\DOWHUDWLRQDVWKHFDVHPD\EH[L[LL[LLLµ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one <strong>of</strong> these documents shall be used by the contractor <strong>for</strong> any purpose other than this contractand the contractor shall ensure that all persons employed <strong>for</strong> this contract strictly adhere to this andmaintain secrecy, as required <strong>of</strong> such documents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efund <strong>of</strong> security deposit - The refund <strong>of</strong> security deposit shall be subject to company's right todeduct/appropriate its dues against the contractor under this contract or under any other contract. Oncompletion <strong>of</strong> the work and certified as such by the Engineer-in-charge, the security deposit remainingwith the company shall be refunded. However, <strong>for</strong> contracts <strong>of</strong> more than 1(one) year period, SecurityDeposit accrued by paying the running bill at 95%, may be refunded annually on submission <strong>of</strong> BankGuarantee <strong>of</strong> equivalent amount subject to satisfactory per<strong>for</strong>mance <strong>of</strong> the contractor during the year. '(9,$7,2169$5,$7,216,148$17,7,(6 ([WHQWDQG3ULFLQJ7KHTXDQWLWLHVJLYHQLQWKH6FKHGXOHRI4XDQWLWLHVDUHSURYLVLRQDODQGDUHPHDQWWRLQGLFDWHWKHH[WHQWRIWKHZRUNDQGWRSURYLGHDXQLIRUPEDVLVIRULQYLWLQJGLVFRXQWELGVDQGDQ\YDULDWLRQHLWKHUE\DGGLWLRQRURPLVVLRQVKDOOQRWYLWLDWHWKHFRQWUDFW 7KH FRPSDQ\ WKURXJK LWV (QJLQHHULQFKDUJH RU KLV UHSUHVHQWDWLYH VKDOO ZLWKRXW UDGLFDOO\ FKDQJLQJ WKHRULJLQDO VFRSH DQG QDWXUH RI WKH FRQWUDFWHG ZRUN KDYH SRZHU WR PDNH DQ\ DOWHUDWLRQV LQ RU DGGLWLRQV WR RUVXEVWLWXWLRQRIWKHRULJLQDODQGLQVWUXFWLRQVWKDWPD\DSSHDUWREHQHFHVVDU\RUDGYLVDEOHGXULQJWKHSURJUHVVRIWKHZRUN7KHFRQWUDFWRUVKDOOEHERXQGWRFDUU\RXWWKHZRUNVLQDFFRUGDQFHZLWKWKHLQVWUXFWLRQVJLYHQWRKLPLQZULWLQJE\(QJLQHHULQFKDUJHRUKLVUHSUHVHQWDWLYHRQEHKDOIRIWKHFRPSDQ\ 6XFKDOWHUHGRUDGGLWLRQDOZRUNZKLFKVKDOOIRUPSDUWRIWKHRULJLQDOFRQWUDFWVKDOOEHFDUULHGRXWE\WKHFRQWUDFWRURQWKHVDPHFRQGLWLRQVLQDOOUHVSHFWVRQZKLFKWKH\DJUHHWRGRWKHPDLQZRUNVDQGDWWKHVDPHUDWHUDWHVDVDUHVSHFLILHGLQWKHFRQWUDFW ,IWKHDGGLWLRQDORUDOWHUHGZRUNLQFOXGHVDQ\FODVVRIZRUNIRUZKLFKQRUDWHUDWHVLVDUHVSHFLILHGLQWKHFRQWUDFWUDWHVIRUVXFKLWHPVVKDOOEHGHWHUPLQHGE\WKH(QJLQHHULQFKDUJHDVIROORZVDWKHUDWHVKDOOEHGHULYHGIURPWKHUDWHUDWHVIRUVLPLODURUQHDUVLPLODUFODVVRIZRUNDVLVDUHVSHFLILHGLQWKHFRQWUDFW««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

7 48$/,7

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xii. All accounts shall be maintained in English and the company shall have the right <strong>of</strong> acces<strong>sand</strong> inspection <strong>of</strong> all such books <strong>of</strong> accounts etc. relating to payment <strong>of</strong> labourer considerednecessary and the company may arrange <strong>for</strong> witnessing the payment to the labourer by itsrepresentatives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

LL,IWKHGHPXUUDJHLVGXHWRIDLOXUHRQWKHSDUWRIWZRRUPRUHFRDOWUDQVSRUWLQJFRQWUDFWRUVWKHGHPXUUDJHFKDUJHVVKDOOEHDSSRUWLRQHGE\WKH*HQHUDO0DQDJHU3URMHFW2IILFHUDPRQJVWWKHFRQFHUQHGFRQWUDFWRUVDVKHFRQVLGHUVDSSURSULDWHDQGKLVGHFLVLRQLQWKHPDWWHUVKDOOEHILQDODQGELQGLQJRQHDFKRIWKHVHFRQWUDFWRUVL,IWKHGHPXUUDJHRFFXUVGXHWRIDLOXUHRQWKHSDUWRIZDJRQORDGLQJFRQWUDFWRUWKHGHPXUUDJHFKDUJHVLQFXUUHGVKDOOEHUHFRYHUHGIURPWKHZDJRQORDGLQJFRQWUDFWRU LL,QFDVHWKHUHDUHWZRRUPRUHFRQWUDFWRUVIRUZDJRQORDGLQJWKHFRQWUDFWRUZKRKDVQRWFRPSOHWHGWKHORDGLQJRIDOOWKHZDJRQVDOORWWHGWRKLPZLWKLQWKHIUHHORDGLQJWLPHVKDOOEHKHOGUHVSRQVLEOHDQGOLDEOHIRUWKHGHPXUUDJHDQGGHPXUUDJHFKDUJHVIRUWKHIXOOUDNHVKDOOEHUHFRYHUHGIURPKLP LLL ,Q FDVH GHPXUUDJH RI DQ\ UDNH RFFXUV GXH WR IDLOXUH RQ WKH SDUW RI WZR RU PRUH ZDJRQ ORDGLQJFRQWUDFWRUVGHPXUUDJHFKDUJHVIRUWKHUDNHVKDOOEHUHFRYHUHGLQSURSRUWLRQRIWKHQXPEHURIZDJRQVDOORWWHGWRHDFKRIWKHPIRUORDGLQJL,IWKHGHPXUUDJHRIZDJRQVRFFXUVGXHWRIDLOXUHRQWKHSDUWRIWKHSLFNLQJDQGEUHDNLQJFRQWUDFWRUIRUQRWPDNLQJDYDLODEOHDGHTXDWHTXDQWLW\RIFOHDQDQGVL]HGFRDOIUHHIURPVWRQHVKDOHH[WUDQHRXVPDWHULDOVKHVKDOOEHOLDEOHIRUWKHGHPXUUDJHFKDUJHVLQFXUUHGDQGWKHVDPHVKDOOEHUHFRYHUHGIURPKLP LL,QFDVHWKHGHPXUUDJHRFFXUVGXHWRIDLOXUHRIWZRRUPRUHSLFNLQJEUHDNLQJFRQWUDFWRUVWKHGHPXUUDJHFKDUJHVVKDOOEHDSSRUWLRQHGLQWKHPDQQHUDVFRQVLGHUHGDSSURSULDWHE\WKH3URMHFW2IILFHU*HQHUDO0DQDJHUDQGKLVGHFLVLRQVKDOOEHILQDODQGELQGLQJRQHDFKRIWKHFRQFHUQHGFRQWUDFWRUV7KHZDJRQORDGLQJFRQWUDFWRUVVKDOOEHDOVRUHVSRQVLEOHIRUFOHDQLQJRIWKHVLGLQJWUDFNVEHWZHHQWKHOLQHDQGRQERWKVLGHVRIWKHVDPHOHYHOLQJRIFRDOORDGHGLQWRWKHZDJRQVDQGOLPHZDVKLQJRQWKHWRSRIWKHVDPHLQUHVSHFWRIWKHZDJRQVDOORWWHGWRKLPHDFKRIWKHP ,QFDVHDQ\UDNHLVSXWRQGHPXUUDJHDQ\SHQDOW\LVLPSRVHGRQWKHFRPSDQ\IRUIDLOXUHRQWKHDFFRXQWVWKHVDPHVKDOOEHUHFRYHUHGIURPWKHFRQWUDFWRUVFRQFHUQHG,QFDVHDQ\GHUDLOPHQWRIZDJRQVRFFXUVGXHWRQRQFOHDQLQJRIWKHWUDFNVE\WKHZDJRQORDGLQJFRQWUDFWRUVWKHFKDUJHVSHQDOWLHVIRUWKHVDPHOHYLHGE\WKH5DLOZD\VDVDOVRWKHGHPXUUDJHFKDUJHVIRUWKHVDPHVKDOOEHUHFRYHUHGIURPWKHGHIDXOWLQJFRQWUDFWRUV$OO VXFK FKDUJHV SHQDOWLHV VKDOO EH DSSRUWLRQHG EHWZHHQ WKH GHIDXOWLQJ FRQWUDFWRUV DV WKH *HQHUDO0DQDJHU WKLQNV ILW DQG UHDVRQDEOH DQG KLV GHFLVLRQ LQ DOO WKH DERYH FDVHV VKDOO EH ILQDO DQG ELQGLQJ RQ WKHFRQWUDFWRUVFRQFHUQHG,QRUGHUWRHQVXUHSURSHUORDGLQJRIZDJRQWKHORDGLQJFRQWUDFWRUVKDOOHQVXUHORDGLQJXSWRSURSHUOHYHONHHSLQJLQYLHZWKHVWLSXODWHGFDUU\LQJRIWKHZDJRQVDQGWKHORDGLQJZLOOEHGRQHDVSHUGLUHFWLRQVRI&ROOLHU\3URMHFW$UHDRIILFLDOVUHVSRQVLEOHIRUWKHVXSHUYLVLRQRIWKHORDGLQJRIZDJRQVDWVLGLQJ7KHZDJRQORDGLQJFRQWUDFWRUVKDOOORDGFOHDQFRDOIUHHIURPVWRQHVKDOHEDQGVH[WUDQHRXVPDWHULDOVDQGRIVWLSXODWHGVL]H7KHGDLO\UDWHRIWUDQVSRUWDWLRQVKDOOEHDERXWWKH\HDUO\TXDQWLW\GLYLGHGE\WKHQXPEHURIZRUNLQJGD\VLQWKH \HDU “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

7KHEDVHGDWHIRUZRUNLQJRXWVXFKSULFHYDULDWLRQVKDOOEHWKHODVWGDWHRQZKLFKWHQGHUVZHUHVWLSXODWHGWREHUHFHLYHG,n case <strong>of</strong> marginal increase in slab distance from upper limit <strong>of</strong> the distance slab upto 100 meterfrom source to destination, preceeding slab will be taken into account. However, in case <strong>of</strong> increase <strong>of</strong>lead by more than 100 meter over the upper limit <strong>of</strong> the distance slab, next distance slab may beconsidered. For example the measured lead <strong>of</strong> 1.101 KM to 2.100 KM shal be considered to be with 1-2KM slab distance. This procedure shall be considered <strong>for</strong> all distance slabs.6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH

Agreement No.)2502)$*5((0(17(on Non Judicial Stamp Paper <strong>of</strong> appropriate value)This agreement, made the _______________ day <strong>of</strong> ___________200…between __________________________________ (name and address <strong>of</strong> the Employer) (hereinafter called "theEmployer" and ____________________________________________ (name and address <strong>of</strong> theContractor) (hereinafter called "the Contractor" <strong>of</strong> the other part ):KHUHDV WKH (PSOR\HU LV GHVLURXV WKDW WKH &RQWUDFWRU H[HFXWH BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBQDPHDQGLGHQWLILFDWLRQQXPEHURI&RQWUDFWKHUHLQDIWHUFDOOHGWKH:RUNVDQGWKH(PSOR\HUKDVDFFHSWHGWKH%LGE\WKH&RQWUDFWRUIRUWKHH[HFXWLRQDQGFRPSOHWLRQRIVXFK:RUNVDQGWKHUHPHG\LQJRIDQ\GHIHFWVWKHUHLQ12:7+,6$*5((0(17:,71(66(7+DVIROORZV,QWKLVDJUHHPHQWZRUNVDQGH[SUHVVLRQVVKDOOKDYHWKHVDPHPHDQLQJVDVDUHUHVSHFWLYHO\DVVLJQHGWRWKHPLQWKH&RQGLWLRQVRI&RQWUDFWKHUHLQDIWHUUHIHUUHGWRDQGWKH\VKDOOEHGHHPHGWRIRUPDQGEHUHDGDQGFRQVWUXHGDVSDUWRIWKLVDJUHHPHQW,QFRQVLGHUDWLRQRIWKHSD\PHQWVWREHPDGHE\WKH(PSOR\HUWRWKH&RQWUDFWRUDVKHUHLQDIWHUPHQWLRQHGWKH&RQWUDFWRUKHUHE\FRQYHQDQWVZLWKWKH(PSOR\HUWRH[HFXWHDQGFRPSOHWHWKH:RUNVDQGUHPHG\DQ\GHIHFWVWKHUHLQLQFRQIRUPLW\LQDOOUHVSHFWVZLWKWKHSURYLVLRQVRIWKH&RQWUDFW7KH(PSOR\HUKHUHE\FRQYHQDQWVWRSD\WKH&RQWUDFWRULQFRQVLGHUDWLRQRIWKHH[HFXWLRQDQGFRPSOHWLRQRIWKH:RUNVDQGWKHUHPHG\LQJRIWKHGHIHFWVZKHUHLQWKH&RQWUDFWSULFHRUVXFKRWKHUVXPDVPD\EHFRPHSD\DEOHXQGHUWKHSURYLVLRQVRIWKH&RQWUDFWDWWKHWLPHVDQGLQWKHPDQQHUSUHVFULEHGE\WKH&RQWUDFW7KHIROORZLQJGRFXPHQWVVKDOOEHGHHPHGWRIRUPDQGEHUHDGDQGFRQVWUXHGDVSDUWRIWKLV$JUHHPHQWYL]L /HWWHURI$FFHSWDQFHZRUNRUGHULL 1RWLFHWRSURFHHGZLWKWKHZRUNLLL&RQWUDFWRUV%LGLY*HQHUDODQG6SHFLDOWHUPV FRQGLWLRQVLQFOXGLQJLPSRUWDQWFRUUHVVSRQGDQFHV Y6SHFLILFDWLRQV YL'UDZLQJV YLL%LOORI4XDQWLWLHVDQGYLLL$Q\RWKHUGRFXPHQWOLVWHGLQWKHELGGRFXPHQW&RQWUDFWDVIRUPLQJSDUWRIWKHFRQWUDFWIN witness where<strong>of</strong> the parties thereto have caused this Agreement to be executed the day and yearfirst be<strong>for</strong>e written7KH&RPPRQ6HDORIBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBZDVKHUHXQWRDIIL[HGLQWKHSUHVHQFHRIBBBBBBBBBBBBBBBBBBBBBBBBBBBB6LJQHG6HDOHGDQG'HOLYHUHGE\WKHVDLGBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBLQWKHSUHVHQFHRIBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB%LQGLQJ6LJQDWXUHRI(PSOR\HUBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB%LQGLQJ6LJQDWXUHRIWKH&RQWUDFWRUBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWHUnder Jurisdiction <strong>of</strong> Dhanbad Court only.

Note : ( Not to be typed in agreement )value <strong>of</strong> Non Judicial stamp papers to be submitted by the contractorwithin the stipulated period <strong>for</strong> execution <strong>of</strong> the agreement.Upto Rs. 5.00 lakhs – no agreement is required, only work order to be issued to the contractor.Above Rs. 5.00 lakhs and upto Rs.10.00 lakhs –Above Rs. 10.00 lakhs and upto Rs.25.00 lakhs –Above Rs. 25.00 lakhs and upto Rs.50.00 lakhs –Above Rs. 50.00 lakhs and upto Rs.100.00 lakhs –Above Rs. 1.00 crore (Rs.100.00 lakhs) –Rs.100/-Rs.250/-Rs.500/-Rs.750/-Rs.1000/-These values may be changed which shall be binding on all SOR registered agencies.6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH21

Existing <strong>coal</strong> and <strong>sand</strong> <strong>transportation</strong> rates and applicable distance slabs at diesel base price <strong>of</strong>Rs.32.89/ltr.Distance slab CoalSandDistance Coal Sandin KM. <strong>transportation</strong> <strong>transportation</strong>slab in <strong>transportation</strong> <strong>transportation</strong>rates in Rs./te rates inKM. rates in Rs./te rates inRs.cu.m.Rs.cu.m.0-1 6.85 28.07 25-26 91.55 149.241-2 9.37 33.28 26-27 94.86 154.102-3 12.58 38.49 27-28 98.27 158.953-4 16.36 43.67 28-29 101.58 163.254-5 20.22 48.88 29-30 105.01 163.305-6 23.34 54.08 30-31 112.01 163.366-7 27.00 59.28 31-32 115.51 167.087-8 30.66 64.47 32-33 119.02 170.808-9 34.33 69.68 33-34 122.51 174.509-10 37.50 74.88 34-35 126.01 178.2110-11 41.03 80.07 35-36 181.9411-12 44.53 85.27 36-37 185.6412-13 47.28 90.48 37-38 189.3513-14 50.93 95.68 38-39 193.0714-15 54.58 100.86 39-40 196.7815-16 57.60 103.07 40-41 200.4916-17 61.07 105.56 41-42 204.2017-18 64.51 110.41 42-43 207.9218-19 67.98 115.28 43-44 211.6419-20 71.44 120.13 44-45 215.3520-21 74.78 124.97 45-46 219.0721-22 78.13 129.82 46-47 222.7822-23 81.48 134.69 47-48 226.4923-24 84.82 139.54 48-49 230.2124-25 88.19 144.39 49-50 233.92Payloader charges <strong>for</strong> loading <strong>of</strong> <strong>coal</strong> into tippers/ wagons – Rs.6.17/ te.Picking charges <strong>for</strong> <strong>coal</strong> at Minm. Wages w.e.f. 15.6.2007- Rs.4.20 / te.Breaking charges <strong>for</strong> <strong>coal</strong> Rs.1.00/te.Weighment charges per weighment <strong>of</strong> <strong>coal</strong> - Rs.1.17/teRehandling charges <strong>for</strong> transfer <strong>of</strong> <strong>sand</strong> from stock to bunker at 0-1KM lead slab – Rs.23.49/ cu.m.The SOR-2008 rates shall be communicated by Hqr. on or after 1 st April’2008 <strong>for</strong> <strong>transportation</strong> <strong>of</strong><strong>coal</strong> and <strong>sand</strong> and allied works. These rates shall be revised as per conditions defined elsewhere in thedocument taking into account the then prevailing indices <strong>for</strong> input elements.6LJQDWXUHRIWKHDSSOLFDQWZLWKVHDODQGGDWH22