Appendix to Bid

Schedule of Adjustment Data

[Where the Contract Period (excluding the Operation and Maintenance Period) exceeds eighteen
(18) months, it is normal procedure that prices payable to the Operator shall be subject to
adjustment during the performance of the Contract to reflect changes occurring in the cost of labor
and material components. In such cases the bidding documents shall include a formula for price
adjustment in SCC 5.1.
Where Contracts are of a shorter duration than eighteen (18) months or in cases where there is to be
no Price Adjustment, the following provision shall not be included. ]

Bidders‘ attention is drawn to the following definition provided in Schedule 8 of the Contract.
Base Date: For the purpose of Price Adjustment Clause, ‗Base Date‘ shall be the date 28 days prior to
the deadline for submission of bids for the contract.
In Tables ―A (STP)and ―B (Network and I & D)‖ below, the Bidder shall (a) indicate its amount of
local currency payment, and (b) indicate its proposed source and base values of indices for the
different foreign currency elements of cost.

Table A (STP).

Index Index Source of index* Base Bidder‟s Bidder‟s

code* description* value
related proposed
and date* currency
weighting9
amount

A Nonadjustable - — — a =0.15
B Labor - Consumer Labour Bureau, - - b = 0.25 – 0.35
price index for Ministry of Labour &
industrial workers Employment,
for ........centre Government of India
c = 0.50 -0.60
C Material10 - All Economic Advisor to
India Wholesale the Government of
Price Index (all India, Ministry of
Commerce and
commodities) Industry

Total a+b+c 1.00

The Bidder shall specify a value in the last column of the Table within the range indicated therein
such that the total weighting = 1.00

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