SAILESH NAIR & ASSOCIATES
- 29 -
BOB, ANKALAV BRANCH, DIST. ANAND
1, DEFENCE KARMACHARI HSG. SOC. NR. UNITED COLONY, B/H. NAVRACHANA HIGH SCHOOL, SAMA,
VADODARA – 390 008 TELE-FAX. 0265 2784382 MOB : 9898072813 / 9427602817
c) The security deposit, either in whole or in part thereof, shall
be forfeited in the event of the Contractor’s failure to observe
any terms of this Contract/or non-compliance with the
conditions of the Contract.
d) On virtual completion of the job and on the Contractor’s
submitting to the
Architect the “As built” drawings, the
Architect shall declare the job to be virtually complete and
issue a certificate to this effect. Upon acceptance by
Bank of
such certificate, Security Deposit will be refunded after
adjusting any dues recoverable from the contractors.
3.2.3.
RETENTION MONEY:
a) In addition to the Initial Security Deposit, retention money
shall be deducted from running account bills at 10% of gross
value of certified work.
b) If the Contractors do not carry out the rectification work
during the Defects Liability Period, the
Banks shall have the
right to get such defective work rectified after giving due
notice in writing to the Contractors and recover the cost of
repairs from the monies so retained.
c) On acceptance of Virtual Completion certificate, 50% of the
total retention amount (i.e. 5% of the total completion cost
including all variations) will be released.
d) The Balance 50% of retention amount will be released upon
completion of 1 calendar year from the date of acceptance of
Virtual Completion within 15 days after adjusting all dues if
any from the contractor.
3.3.
ACCESS TO WORKS:
The
Architect / Bank and any person authorised by them shall at all
reasonable times have free access to the works, and to the workshops,
Factories or other places where materials are being prepared or
constructed for the Contract and also to any place where the materials
are lying or from which they are being obtained. The Contractor shall
give every facility to the
Architect / Bank and their representatives for
inspection and examination and test of the materials and workmanship.
No person unless authorised by the
Architect or the Bank, except the
Representatives of Statutory Public Authorities authorised by the
Bank,
shall be allowed on the works at any time. If any work is to be done at a
place other than the site of the works, the Contractor shall obtain the
written permission of the
Architect / Bank for doing so.
3.4.
TENDERER TO VISIT SITE:
Each Tenderer must before submitting his tender visit the site of works
so as to ascertain the physical site conditions and prices, availability
and quality of materials according to Specifications before submitting
the quotations.
3.5.
INSPECTION OF SITE AND SUFFICIENCY OF TENDER:
SAILESH NAIR & ASSOCIATES
- 30 -
BOB, ANKALAV BRANCH, DIST. ANAND
1, DEFENCE KARMACHARI HSG. SOC. NR. UNITED COLONY, B/H. NAVRACHANA HIGH SCHOOL, SAMA,
VADODARA – 390 008 TELE-FAX. 0265 2784382 MOB : 9898072813 / 9427602817
3.5.1.
The Contractor shall inspect and examine the site and its
surrounding and shall satisfy himself before submitting his
tender as to the form and nature of the site, the quantities
and nature of access to the site, the accommodation he may
require and in general, shall himself obtain all necessary
information as to risk, contingencies and other circumstances
which may influence or affect his tender.
3.5.2.
The Contractor shall be deemed to have satisfied himself
before tendering as to the correctness and sufficiency of his
tender for the works and of the rates and prices quoted in the
Schedule of work/items/quantities or in Bills of Quantities,
which rates and prices shall, except as otherwise provided,
cover all his obligations under the Contract and all matters
and
things
necessary
for
proper
completion
and
maintenance of the works.
3.5.3.
No extra charges consequent on any misunderstanding or
otherwise shall be allowed.
3.6.
INSPECTION OF DRAWINGS:
Before filling in the Tender, the Tenderer will have to check up all
Drawings and Schedule of Quantities, and will have to get an immedi-
ate clarification from the
Architect on any point that he feels is vague
or uncertain. No claim nor damages or compensation will be
entertained on this account.
3.7.
INTERPRETATION OF CONTRACT DOCUMENTS
3.7.1.
The various sections of tender / contract documents are
intended to be complementary to one another.
3.7.2.
In case of a discrepancy in the description of a subject
between different sections, the following guidelines shall
generally apply.
3.7.3.
Special Conditions of Contract shall override General
Conditions of Contract.
3.7.4.
Special specifications shall override General specifications.
3.7.5.
For the sole purpose of determination of rates and prices, the
Schedule of Quantities including its Preamble shall override
Specifications and drawings.
3.7.6.
Detailed drawings shall override General layout drawings.
3.7.7.
Hard copies of the drawings shall override Softcopies.
3.7.8.
Irrespective of these general guidelines the Contractor shall
bring any discrepancy he notices immediately to the attention
of the
Architect and shall follow Architect’s instructions
accordingly.
4.
QUALITY CONTROL
4.1.
QUALITY ASSURANCE: