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KOLKATA _NIT - WBSEDCL

KOLKATA _NIT - WBSEDCL

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GTC.16. Contract Period:GTC.16.1. The contract will remain valid for a period of two years from the date of acceptanceof the order. <strong>WBSEDCL</strong>, if desires, can renew the contract for further one year after expiry oftwo years’ contract period after assessing performance of the successful bidder as per rates,terms & conditions of the original LOA.GTC.17. Liquidated Damage (LD):GTC.17.1. Uninterrupted 24 Hrs. faithful discharge of duty, especially during the peak period(17:00 Hrs-22:00 Hrs) shall be treated as the essence of the contract.GTC.17.2. The successful bidder will be levied LD for effective man-hour loss, if the loss is dueto negligence or non-compliance of obligations under the contract. Failure in arranging requisitemanpower for requisite period for requisite service will attract LD, rates of which will varydepending on the working hours.GTC.17.3. Any loss during 17:00 Hrs. to 22:00 Hrs. will attract LD @ 4% of the total monthlyunit-wise contract price per eight(8) man-hour loss or part thereof subject to a maximum of 40%of the total monthly unit-wise contract price.GTC.17.4. For the rest period, LD @1% of the total monthly unit-wise contract price per eight(8) man-hour loss or part thereof shall be levied. Maximum LD shall be limited to 20% (twentypercent) of the monthly unit-wise total contract price.GTC.17.5. Quality of service, utilization of manpower & hour will be assessed by concerned<strong>WBSEDCL</strong> personnel and Liquidated Damage will be evaluated accordingly.GTC.18 Termination of Contract:GTC.18.1. If the successful bidder fails to execute the contract up to the satisfaction of<strong>WBSEDCL</strong>, as laid down in this contract, <strong>WBSEDCL</strong> shall be entitled to get the job executedengaging any other on the account and at the risk of the successful bidder or to cancel theCCEE DD/ //ZZCC CC

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