PMFPPL
Amendments in PEB Tender
AMENDMENTS IN THE PRE ENGINEERING BUILDING (PEB) TENDER
Bases on the feedback of various technical persons and consultative workshops it has
been decided to incorporate the following changes in the Tender for immediate
compliances.
General Amendments
Various Clauses Reflecting
Bill of Quantity / BOQ
Amendment in the Clauses
The word “Bill of Quantity / BOQ” is to be replaced by the word
“Detailed Quotation”
Particular Amendments
Book 1: General Condition of the Contract
Section No. &
Clause No.
Section 4,
Clause 14.1
Section 4,
Clause 14.2
Present Reading
To be Change to
Mobilization Advance
Mobilization advance of 10% of the
contract value will be paid to the
contractor against the Bank Guarantee of
any Nationalized /Scheduled Commercial
Banks notified by RBI (except cooperative/Rural Banks) valid for 12
months from the date of LOI / notice to
proceed or up to the total recovery of
Mobilization advance whichever is earlier.
10% mobilization advance will be
deducted from second Running Bill till
completion or in equal instalments. After
recovery of the total mobilization advance,
the Bank guarantee received against the
mobilization advance will be returned to
the contractor.
Monthly R.A. Bill:
Monthly consolidated single bill should be
presented for settlement. The R.A. Bills
will be checked by EIC / Site In charge
within a period of 15 days & certified by
the Consultant within a period of 20 days
and payment shall be made within 10
working days from the date of certification
by Consultants and necessary deductions
like 12 % Mobilisation advance, 5 %
Retention money & any other payment
made, Income tax as per Terms. All bills
shall be submitted in soft copy as well as
hard copy. The reconciliation of Cement &
Steel to be submitted along with R.A. bill.
Minimum Amount of Running bill shall be
Mobilization Advance
Mobilization advance as mentioned
below of the contract value against will
be paid to the contractor against the
Bank Guarantee of any Nationalized
/Scheduled Commercial Banks notified
by RBI (except co-operative/Rural
Banks) valid for 12 months from the
date of LOI / notice to proceed or up to
the total recovery of Mobilization
advance whichever is earlier.
a) 15% advance along with the order
against Bank Guarantee
Monthly / Periodic Bill (only for
Material as Appropriate):
General payment terms are as under.
a) 15% against the Drawing
Certification / Approval.
b) 30% against the material inspection
at factory.
c) 30% against the Delivery at site.
d) 10% against the installation at the
site (against PBG).
However, payment terms shall be
finalized with the shortlisted vender at
the time of negotiation.
PMC: Abhyuday Techno Economic Consultants Pvt Ltd | A/E Consultants: SEMAC Consultants Pvt. Ltd
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PMFPPL
Section No. &
Clause No.
Section 4,
Clause 14.3
Section 4,
Clause 14.3
Amendments in PEB Tender
Present Reading
Rs. 50.00 Lacs otherwise bill will not be
accepted. All Test reports, J.M.R., Progress
report with Photographs to be submitted
along with R.A. Bills. R. A. Bill is not
accepted without Test Reports. The
Consultants shall be within his right to
adjust and deduct the advances such that
full recovery will be made at appropriate
stage.
Retention Money:
5% contract value will be deducted as
retention money from each RA bill (it shall
be in addition to the Performance Bank
Guarantee of 3% of the contract value). On
submission of final bill/Completion of the
contract, the retention money will be
released against the Bank guarantee of
equivalent
amount
of
any
Nationalized/Scheduled
Commercial
Banks notified by RBI (except cooperative/Rural Banks) valid for 12
months defect liability period from the
date of final completion of work/handing
over of site. Bank Guarantee will be
returned after the expiring of the defect
liability period i.e., 12 months from the
date of completion of work/handing over
of site.
Final Bill
Only on obtaining final completion
certification from the Consultants &
Employer, the Contractor shall submit the
FINAL BILL which will be settled within a
period of two months provided there is no
dispute. The completion certificate will be
issued only after all the defects pointed out
are rectified completely to the satisfaction
of the Consultants and the Employer. The
reconciliation of all materials to be
submitted along with the bill.
To be Change to
Monthly / Periodic Bill (only for
Erection as Appropriate):
a) 10% Advance and Balance on pro
rate completion.
b) 5% of the bill amount will be
deducted as retention money from
each bill.
c) On
submission
of
final
bill/Completion of the contract, the
retention money will be released
against the Bank guarantee of
equivalent
amount
of
any
Nationalized/Scheduled.
Commercial Banks notified by RBI
(except co-operative/Rural Banks)
valid for 12 months defect liability
period from the date of final
completion of work/handing over
of site. Bank Guarantee will be
returned after the expiring of the
defect liability period i.e., 12 months
from the date of completion of
work/handing over of site.
Final Bill
Only on obtaining final completion
certification from the Consultants &
Employer, the Contractor shall submit
the FINAL BILL which will be settled
within a period of two months provided
there is no dispute. The completion
certificate will be issued only after all
the defects pointed out are rectified
completely to the satisfaction of the
Consultants and the Employer.
PMC: Abhyuday Techno Economic Consultants Pvt Ltd | A/E Consultants: SEMAC Consultants Pvt. Ltd
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