Sr. No.

FIDIC

1 Amount to be calculated as percentae of retention from RA

bill, as stated in contraact data.

NA

2
 If the Contractor fails to comply maintain the required
progress of the project , Contractor shall subject to pay delay
damages to the Employer for this default. These delay
damages shall be the sum stated in the Contract Data, which
shall be paid for every day which shall elapse between the
relevant Time for Completion and the date stated in the
Taking-Over Certificate. However, the total amount due under
this Sub-Clause shall not exceed the maximum amount of
delay damages (if any) stated in the Contract Data. These delay
damages shall be the only damages due from the Contractor
2 for such default, other than in the event of termination as per
the emplyer clause, prior to completion of the Works. These
damages shall not relieve the Contractor from his obligation to
complete the Works, or from any other duties, obligations or
responsibilities which he may have under the Contract.
 The contractor shall pay to nominated subcontractor the
amount which engineer certifies to be due in accordance with
subcontract. This amount plus other charges shall be included
in contract.

The Employer shall make an advance payment, as an interest-

free loan for
mobilisation, when the Contractor submits a guarantee in
accordance with this Sub- Clause. The total advance payment,
the number and timing of instalments (if more than one), and
the applicable currencies and proportions, shall be as stated in
the Contract Data.
Unless and until the Employer receives this guarantee, or if the
4 total advance payment is not stated in the Contract Data, this
Sub-Clause shall not apply.
5 NA
6

NA
7
7

8
9

As per subclause stated as Table of Adjustment Data, means

the completed table of adjustment data for local and
foreigncurrencies included in schedule. If there is no such
table of adjustment data, this clause shall not apply.

10
 NBCC

The Security deposit or the retention money shall be deducted from each
running/ final bill of the contractor @
gross value of the Running Account
If the amount of Security Deposit deducted in cash is more than Rs.10.00
lakhs (Rupees Ten lakhs only) in case of contract value mor
Crore, Rs.5 lakhs in case of contract value up to.
amount beyond Rs. 10 Lakhs or 5 lakhs (as the case may be) can be
by the contractor by submission of Bank Guarantee
of NBCC or Fixed Deposit Receipt (FDR) pledged in favour of NBCC (India)
Limited of equivalent amount from any Nationalized Bank or all Commercial
Scheduled Bank. The Bank Guarantee/ FDR shall be initially
months beyond the stipulated defect liabili
completion of works gets enlarged, the contractor shall get the validity of bank
Guarantee/ FDR extended to cover such enlarged time for completion of work

NA
 If the contractor fails to maintain the required progress in terms of clause 16.0 or relevant clause of GCC & Special
Conditions of contract to complete the work and clear the site on or before the contract or extended date of
completion, he shall, without prejudice to any other right or remedy available under the law to the NBCC on account of
such breach, pay as agreed compensation the amount calculated at the rates stipulated below(plus GST extra) as the
Engineer in charge (whose decision in writing shall be final and binding) may decide on the amount of tendered value of
the work for every completed day / week that the progress remains below that specified in Clause 16.0 or the relevant
clause in GCC & Special Conditions of Contract or that the work remains incomplete. This will also apply to items or
group of items for which a separate period of completion has been specified

i) Compensation for delay of work @ 0.5% per week

Provided always that the total amount of compensation for delay to be paid under this
Condition shall not exceed 10% of the Tendered Value of work (exclusive of GST)or of the Tendered Value of the item or
group of items of work (exclusive of GST)for which a separate period of completion is originally given. The amount of
compensation may be adjusted or set sum payable to the Contractor under this or any other contract with NBCC.
In case, the contractor does not achieve a particular milestone mentioned elsewhere in the tender document or the re
amount shown against that milestone shall be withheld, to be adjusted against the compensation levied at the final
grant of Extension of Time. With-holding of this amount or failure to achieve a milestone, shall be automatic without
any notice to the Contractor. However, if the contractor catches up with the progress of work on the subsequent
milestone(s), the withheld amount shall be released. In case the contractor fails to make up for the delay in subsequent
milestone missed subsequently also shall be withheld. However, no whatsoever, shall be payable on such withheld
amount.
The bill shall be submitted by contractor each month on or before the date fixed by the Engineerin-Charge for all works
executed in previous months. The contractor shall prepare computerized bills using the program as approved by
Engineer-in-Charge as per prescribed format/ pro-forma. The Contractor shall submit five numbers of hard copies and
one soft copy of floppy/ CD for all bills. the payment due to the contractor shall be made within fifteen days of getting
the measurements verified from the Engineer-in-Charge or his subordinate/ representative and certification of bill by
the Engineer-in-Charge.

1) First Installment of fifty percent of total mobilisation advance shall be paid after the agreement is signed and upon
submission of performance guarantee. 2) 2nd installment of twenty five percent of total mobilisation advance will be
paid after the setting up of site office and facilities to NBCC as per contract, completion of mobilization of plant and
machinery, scaffolding & shuttering materials etc. 3) The Balance twenty five percent of total mobilisation advance shall
be paid on completion of 10% of work in terms of cost and after the contractor has fully mobilized the work at site.
NA
Mobilization advance up to maximum of amount as mentioned in the “Memorandum to the Form of Tender” shall be
paid to the contractor on submission of non-revocable Bank Guarantee of an equivalent amount, from a nationalized
bank in enclosed Performa. The Mobilisation Advance shall be at the Interest Rate as mentioned in the “Memorandum
to the Form of Tender”.
No claim on account of any escalation on whatsoever ground shall be entertained at any stage of works. All rates as per
Bill of Quantities (BOQ) quoted by contractor shall be firm and fixed for entire contract period as well as extended
period for completion applicable on this contract.
 CPWD

For all works the Security Deposit shall be 5% of amount put to tender rounded to next Rs.1000. 2.5% at the time
of LOA balance during RA billing

NA
If the contractor fails to maintain the required progress to complete the work and clear the site on or before the
contract or extended date of completion, he shall,
without prejudice to any other right or remedy available under the law to the Government on
account of such breach, pay as agreed compensation the amount calculated at the rates stipulated
(i) Compensationfor delay of work - @ 1.5 % per month of delay to be computed on per day
basis. It shall not exceed 10% of the Tendered Value of work or of the Tendered Value
No payment shall be made for work, estimated to cost Rs. Twenty thousand or less till afterthe whole of the work
shall have been completed and certificate of completion given. Forworks estimated to cost over Rs. Twenty
thousand, the interim or running account bills shall be submitted by the contractor for the work executed on the
basis of such recorded measurements on the format of the Department in triplicate on or before the date of every
month fixed for the same by the Engineer-in-Charge. The contractor shall not be entitled to be paid any such
interim payment if the gross work done together with net payment/adjustment of advances for material
collected, if any, since the last such payment is lessnthan the amount specified in Schedule ‘F’, in which case the
interim bill shall be prepared on the appointed date of the month after the requisite progress is achieved.

Mobilization advance not exceeding 10% of the tendered value may be given, if requested by the contractor in
writing within one month of the order to commence the work. Such advance shall be in two or more installments
to be determined by the Engineer-in- Charge at his sole discretion. The first installment of such advance shall be
released by the Engineer-in-charge to the contractor on a request made by the contractor to the Engineerin-
Charge in this behalf. The second and subsequent installments shall be released by the Engineer- in- Charge only
after the contractor furnishes a proof of the satisfactory utilization of the earlier installment to the entire
satisfaction of the Engineer-in-Charge.
In case, the contractor completes the work ahead of updated stipulated date of completion
considering the effect of extra work (to be calculated on pro-rata basis as cost of extra work
X stipulated period/tendered cost), a bonus @ 1% (one per cent) of the tendered value per
month computed on per day basis, shall be payable to the contractor, subject to a maximum
limit of 5% (five per cent) of the tendered value. The amount of bonus, if payable, shall be paid
along with final bill after completion of work. Provided always that provision of the Clause 2A
shall be applicable only when so provided in ‘Schedule F’.
An advance for plant, machinery & shuttering material required for the work and brought
to site by the Contractor may be given if requested by the contractor in writing within one
month of bringing such plant and machinery to site. Such advance shall be given on such
plant and machinery which in the opineon of the Engineer-in-charge will add to the
expeditious execution of work and improve the quality of work. The amount of advance
shall be restricted to 5% percent of the tender value. In the case of new plant and
equipment to be purchased for the work, the advance shall be restricted to 90% of the
price of such new plant and equipment paid by the contractor for which the contractor
shall produce evidence satisfactory to the Engineer-in-Charge. In the case of second
hand and used plants and equipment, the amount of such advance shall be limited to
50% of the depreciated value of plant and equipment as may be decided by the Engineerin-
Charge. The contractor shall, if so required by the Engineer-in-Charge, submit the
statement of value of such old plant and equipment duly approved by a Registered Valuer
recognized by the Central Board of Direct Taxes under the Income- Tax Act, 1961. No
such advance shall be paid on any plant and equipment of perishable nature and on any
plant and equipment of a value less than Rs. 50,000/- Seventy five per cent of such
amount of advance shall be paid after the plant & equipment is brought to site and
balance twenty five percent on successfully commissioning the same.
Leasing of equipment shall be considered at par with purchase of equipment and shall
be covered by tripartite agreement with the following:
1. Leasing company which gives certificate of agreeing to lease equipment to the
contractor.
2. Engineer in Charge, and
3. The contractor.
This advance shall further be subject to the condition that such plant and equipment (a)
are considered by the Engineer-in-Charge to be necessary for the works; (b) and are in
working order and are maintained in working order; (c) hypothecated to the Government
as specified by the Engineer-in-Charge before the payment of advance is released. The
contractor shall not be permitted to remove from the site such hypothecated plant and
equipment without the prior written permission of the Engineerin- Charge. The contractor
shall be responsible for maintaining such plant and equipment in good working order
during the entire period of hypothecation failing which such advance shall be entirely
recovered in lump sum. For this purpose, steel scaffolding and form work shall be treated
as plant and equipment.
The contractor shall insure the Plant and Machinery for which mobilization advance is
sought and given, for a sum sufficient to provide for their replacement at site. Any amounts
not recovered from the insurer will be borne by the contractor
equipment without the prior written permission of the Engineerin- Charge. The contractor
shall be responsible for maintaining such plant and equipment in good working order
during the entire period of hypothecation failing which such advance shall be entirely
recovered in lump sum. For this purpose, steel scaffolding and form work shall be treated
as plant and equipment.
The contractor shall insure the Plant and Machinery for which mobilization advance is
sought and given, for a sum sufficient to provide for their replacement at site. Any amounts
not recovered from the insurer will be borne by the contractor

If after submission of the tender, the price of any material incorporated in the works (excluding
the materials covered under Clause 10CA and not being a material supplied from the Engineerin-
Charge’s stores in accordance with Clause 10 thereof) and/or wages of labour increases
as a direct result of the coming into force of any fresh law, or statutory rule or order (but not
due to any changes of rate in sales tax/VAT, Central/State Excise/Custom Duty) beyond the
prices/wages prevailing at the time of the last stipulated date of receipt of tenders including
extensions, if any, for the work during contract period including the justified period extended
under the provisions of clause 5 of the contract without any action under clause 2, then the
amount of the contract shall accordingly be varied and provided further that any such increase
shall be limited to the price/wages prevailing at the time of updated stipulated date of completion
considering effect of extra work (extra time to be calculated on prorata basis only as cost of
extra work x stipulated period/tendered amount).
If after submission of the tender, the price of any material incorporated in the works (excluding
the materials covered under Clause 10CA and not being a material supplied from the Engineerin-
Charge’s stores in accordance with Clause 10 thereof) and/or wages of labour as prevailing
at the time of last stipulated date of receipt of tender including extensions, if any, is decreased
as a direct result of the coming into force of any fresh law or statutory rules or order (but not
due to any changes of rate in sales tax/VAT, Central/State Excise/Custom Duty), Government
shall in respect of materials incorporated in the works (excluding the materials covered under
Clause 10CA and not being material supplied from the Engineer-in-Charge’s stores in
accordance with Clause 10 hereof) and/or labour engaged on the execution of the work after
the date of coming into force of such law statutory rule or order be entitled to deduct from the
dues of the contractor, such amount as shall be equivalent to the difference between the
prices of the materials and/or wages as prevailed at the time of the last stipulated date for
receipt of tenders including extensions if any for the work and the prices of materials and/or
wages of labour on the coming into force of such law, statutory rule or order. This will be
applicable for the contract period including the justified period extended under the provisions
of clause 5 of the contract without any action under clause 2. Engineer-in-Charge may call books of account and
other relevant documents from the contractorto satisfy himself about reasonability of increase in prices of
materials and wages.
The contractor shall, within a reasonable time of his becoming aware of any alteration in the
price of any such materials and/or wages of labour, give notice thereof to the Engineer-in-
Charge stating that the same is given pursuant to this condition together with all information
relating thereto which he may be in position to supply.
receipt of tenders including extensions if any for the work and the prices of materials and/or
wages of labour on the coming into force of such law, statutory rule or order. This will be
applicable for the contract period including the justified period extended under the provisions
of clause 5 of the contract without any action under clause 2. Engineer-in-Charge may call books of account and
other relevant documents from the contractorto satisfy himself about reasonability of increase in prices of
materials and wages.
The contractor shall, within a reasonable time of his becoming aware of any alteration in the
price of any such materials and/or wages of labour, give notice thereof to the Engineer-in-
Charge stating that the same is given pursuant to this condition together with all information
relating thereto which he may be in position to supply.

If after submission of the tender, the price of materials specified in Schedule F increases/
decreases beyond the base price(s) as indicated in Schedule F for the work, then the amount
of the contract shall accordingly be varied and provided further that any such variations shall
be effected for stipulated period of Contract including the justified period extended under the
provisions of Clause 5 of the Contract without any action under Clause 2. However for work done/during the
justified period extended as above, it will be limited to
indices prevailing at the time of updated stipulated date of completion considering the effect
of extra work (extra time to be calculated on pro-rata basis only as cost of extra work xstipulated period/tendered
cost).
If the prices of materials (not being materials supplied or services rendered at fixed prices by
the department in accordance with clause 10 & 34 thereof) and/or wages of labour required
for execution of the work increase, the contractor shall be compensated for such increase as
per provisions detailed below and the amount of the contract shall accordingly be varied,
subject to the condition that that such compensation for escalation in prices and wages shall
be available only for the work done during the stipulated period of the contract including the
justified period extended under the provisions of clause 5 of the contract without any action
under clause 2. However, for the work done during the justified period extended as above, the
compensation as detailed below will be limited to prices/wages prevailing at the time of
updated stipulated date of completion considering the effect of extra work ( extra time to be
calculated on pro-rata basis only as cost of extra work x stipulated period/tendered cost).
No such compensation shall be payable for a work for which the stipulated period of completion
is equal to or less than the time as specified in Schedule F. Such compensation for escalation
in the prices of materials and labour, when due, shall be worked out based on the following
provisions:-
(i) The base date for working out such escalation shall be the last stipulated date of receipt
of tenders including extension, if any.

If the prices of materials (not being materials supplied or services rendered at fixed prices by
the department in accordance with clause 10 & 34 thereof) and/or wages of labour required
for execution of the work increase, the contractor shall be compensated for such increase as
per provisions detailed below and the amount of the contract shall accordingly be varied,
subject to the condition that that such compensation for escalation in prices and wages shall
be available only for the work done during the stipulated period of the contract including the
justified period extended under the provisions of clause 5 of the contract without any action
under clause 2. However, for the work done during the justified period extended as above, the
compensation as detailed below will be limited to prices/wages prevailing at the time of
updated stipulated date of completion considering the effect of extra work ( extra time to be
calculated on pro-rata basis only as cost of extra work x stipulated period/tendered cost).
No such compensation shall be payable for a work for which the stipulated period of completion
is equal to or less than the time as specified in Schedule F. Such compensation for escalation
in the prices of materials and labour.
 PWD DDA

For all works the Security Deposit shall be 2% of amount put

to tender rounded to next Rs.1000. 2.5% at the time of LOA For all works the Security Deposit shall be 5% of the tender amount from the acceptance of LOA
balance during RA billing

In case the tenderer offers the rates lower than 15% below the
estimated cost put to the tender, in that case, the tenderer
will have to pay additional security deposit along with initial
security deposit for performance of the work.
NA
In the event of the Contractor(s) failing to comply with any of
these
conditions he/they shall be liable to pay as compensation
amount equal to 1%, or such smaller amount as the
Superintending Engineer (whose decision in writing shall be
final) may decide, of the said estimated cost
of the whole work for every day that the due quantity of work
remain incomplete, PROVIDED ALWAYS that the total amount
of
compensation to be paid under the provisions of this clause
shall not exceed 10 percent of the estimated cost of the whole
work as shown in the tender.
If the contractor fails to maintain the required progress or to complete
the work and clear the site on or before the contract or extended date of completion,
he shall, without prejudice to any other right or remedy available under the law
to the DDA on account of such breach, pay as agreed compensation @ 1.5% per month of delay to be for
delay of work computed on per
day basis Provided always that the total amount of compensation for delay to be paid under this
Condition shall not exceed 10% of the Tendered Value of work or of the Tendered
Value of the item or group of items of work for which a separate period of completion
is originally given.
At the end of every calendar month or at an earlier
interval joint measurements of the work done and materials
lying at site shall be taken, payment will be made to the
Contractor(s) for work done at the rates shown the Schedule
of payment incorporated in this agreement or ( schedule of
payment) and on prorate basis, when a particular event
mentioned in Schedule of payment is not complete in all
respects.
A Mobilisation Advance for an amount up to 10% (ten per
cent) of the Agreement Value shall be paid to the Consultant
on request once bank guarantee is received towards
performance security.and against a Bank Guarantee from a
Scheduled Bank in India in an amount equal to such advance,
such Bank Guarantee to remain effective until the advance
payment has been fully set off as provided.
Monthly payment to the contractor will be made when gross amount of the work
done during the previous month is not less than Rs. 5 lacs.
Mobilization advance not exceeding 10% of the tendered value may be given, if requested by the contractor
in writing within one month of the order to commence the work. Such advance shall be in two or more
installments to be determined by the Engineer- in-Charge at his sole discretion. The first installment of such
advance shall be released by the Engineer-in-charge to the contactor on a request made by the contractor
to the Engineer-in-Charge in this behalf. The second and subsequent installments shall be released by the
Engineer-in-Charge only after the contactor furnishes a proof of the satisfactory utilization of the earlier
installment to the entire satisfaction of the Engineer-in-Charge.
Before any installment of advance is released, the contractor shall execute a Bank Guarantee Bond from
Scheduled Bank for the amount of advance & valid for the contract period. This shall be kept renewed from
time to time to cover the balance amount and likely period of complete recovery, together with interest.
Provided always that the provision of clause 10B (ii) shall be applicable only when so provided in the schedule
F
 In case, the contractor completes the work ahead of updated stipulated date of completion
considering the effect of extra work (to be calculated on pro - rata basis
as cost of extra work X stipulated period / tendered cost), a bonus @ 1% (one percent)
of the tendered value per month computed on per day basis, shall be payable to
the contractor, subject to a maximum limit of 5% (five percent) of the tendered value.
The amount of bonus, if payable, shall be paid along with final bill after completion
of work. Provided always that provision of the Clause 2A shall be applicable only
when so provided in SChedule.

NA
Advance on materials brought to the site should be An advance for plant, machinery & shuttering material required for the work and brought to site by the
given according to rules of the department for payment of Contractor may be given if requested by the contractor in writing within one month of bringing such plant and
secured machinery to site. Such advance
advance. shall be given on such plant and machinery, which in the opinion of the Engineer-in- Charge will add to the
expeditious execution of work and improve the quality of work. The amount of advance shall be restricted to
5% percent of the tender value. In the case of new plant and equipment to be purchased for the work, the
advance
shall be restricted to 90% of the price of such new plant and equipment paid by the contractor for which the
contractor shall produce evidence satisfactory to the Engineer- in-Charge. In the case of second hand and
used plants and equipment, theamount of such advance shall be limited to 50% of the depreciated value of
plant and equipment as may be decided by the Engineer-in-Charge. The contractor shall, if so required by the
Engineer-in-Charge, submit the statement of value of such old plant
and equipment duly approved by a Registered Valuer recognized by the Central Board of Direct Taxes under
the Income-Tax Act, 1961. No such advance shall be paid on any plant and equipment of perishable nature
and on any plant and equipment of a value less than Rs.50,000/- Seventy five percent of such amount of
advance shall be paid after the plant & equipment is brought to site and balance twenty five percent on
successfully commissioning the same.
The price variation clause in SBD is deleted. However, star
rates shall be
provided for in the SBD for bitumen, cement and steel. The
difference between
purchase price of contractor and the star rate shall be
recoverable from the
contractors or payable to the contractors.
The price variation clause in SBD is deleted. However, star
rates shall be
provided for in the SBD for bitumen, cement and steel. The
difference between
purchase price of contractor and the star rate shall be
recoverable from the
contractors or payable to the contractors.

If after submission of the tender, the prices of materials specified in Schedule ‘F’ increase/
decreases beyond the price(s) prevailing at that time of the last stipulated date
for receipt of tenders (including extensions, if any) for the work, then the amount of
the contract shall accordingly be varied and provided further that any such variations
shall be effected for stipulated period of contract including the justified period extended
under the provisions of Clause 5 of the contract without any action under
Clause 2.
However for work done/ during the justified period extended as above, it will be limited
to indices prevailing at the time of updated stipulated date of completion considering
the effect of extra work ( to be calculated on pro-rata basis as cost of extra
work X stipulated period / tendered cost).
 MORTH CLAUSE

For all works the Security Deposit shall be 2.5% of amount put to tender rounded to next Rs.1000. SECURITY DEPOSIT
2.5% at the time of LOA balance during RA billing

a) If the Bid Price offered by the Selected Bidder is lower than 10% but upto 20% of the estimated
Project Cost, then the Additional Performance Security shall be calculated @20% of the difference
in the (i) Estimated Project Cost (as mentioned in RFP)-10% of the Estimated Project Cost and (ii)
the Bid Price offered by the selected Bidder. b)If the Bid Price
ADDITIONAL PERFORMANCE SECURITY
offered by the Selected Bidder is lower than 20% of the Estimated Project Cost, then the
Additional Performance Security shall be calculated @ 30% of the difference in the (i) Estimated
Project Cost (as mentioned in RFP)-10% of the Estimated Project Cost and (ii) the Bid Price offered
by the Selected Bidder.
Calculated at the rate of 0.02% (zero point zero two percent) of the Contract Price for delay of
each day reckoned from the date specified and until such Project Milestone is achieved or the
Project Highway is completed; provided that if the period for any or all Project Milestones or the
Scheduled Completion Date is extended in accordance with the provisions of the Agreement.

DELAY CLAUSE
i) The Authority shall make interim payments to the Contractor as certified by the Authority’s
Engineer on completion of a stage, in a length, number or area as specified and valued in
accordance with the proportion of the Contract Price assigned to each item and its stage in
Schedule-H.
(ii) The Contractor shall base its claim for interim payment for the stages completed till the end of
the month for which the payment is claimed, valued in accordance with Clause 19.3 (i), supported
with necessary particulars and documents in accordance with this Agreement. (i) Within 10 (ten)
days of receipt of the Stage Payment Statement from the Contractor
pursuant to Clause 19.4, the Authority’s Engineer shall broadly determine the amount due to the
Contractor and recommend the release of 90 (ninety) percent of the amount so determined as PAYMENT TO THE CONTRACTOR
part payment against the Stage Payment Statement, pending issue of the Interim Payment
Certificate by the Authority’s Engineer. Within 10 (ten) days of the receipt of recommendation of
the Authority’s Engineer, the Authority shall make electronic payment directly to the Contractor’s
bank account.

The Authority shall make an interest-bearing advance payment (the “Advance Payment”) @ “Bank
Rate + 3%”, equal to 10 % (ten percent) of the Contract Price, exclusively for mobilisation
expenses. The Advance Payment for mobilisation expenses shall be made in two instalments each ADVANCE PAYMENT
equal to 5% (five percent) of the Contract Price. The second 5% (five percent) mobilization
advance would be released after submission of utilization certificate by the Contractor for the first
5% (five per cent) advance already released earlier.
In the event that the Project Completion Date occurs prior to the Scheduled Completion Date, the
Contractor shall be entitled to receive a payment of bonus equivalent to 0.03% (zero point zero
three per cent) of the Contract Price for each day by which the Project Completion Date precedes
the Scheduled Completion Date, but subject to a maximum of 10% (Ten per cent) of the Contract
Price. Provided, however, that the payment of bonus, if any, shall be made only after the issue of
the Completion Certificate. For the avoidance of the doubt, the Parties agree that for the purpose
of determining the bonus payable hereunder, the works shall always be deemed to be as specified
in this Contract Agreement but excluding the works deemed to be deleted from the scope of work
under clause 8.3 of this Contract Agreement and the Contract Price shall always be deemed to be
the amount specified in Clause 19.1 (i) after excluding the Contract Price of the Works deemed to
be deleted from the Scope of Work under clause 8.3 of this Contract Agreement, and shall INCENTIVE ON EARLY COMPLETION
exclude any revision thereof for any reason. The Parties also agree that bonus shall be payable
only if each work for which Time Extension has been granted is completed within respective
Extended Time.
Advance Payment against newly purchased key Construction equipment required for the works as
per agreed Construction programme and brought to the site, if so requested by the Contractor
subject to the same terms and conditions specified for Advance Payment for mobilisation
expenses in this Agreement. The maximum of such advance shall be 5% (five per cent) of the
Contract Price against Bank Guarantee. This advance shall be further subject to the condition that:
(a) such new equipment are considered by the Authority’s Engineer to be necessary for the works
and
(b) these new equipment should be procured in the name of Contractor and is verified by
Authority’s Engineer to have been brought to site.

ADVANCE ON MATERIAL
ESCALATION 10C
 ESCALATION 10C

The Contract Price shall be adjusted for increase or decrease in rates and price of labour, cement,
steel, Plant, machinery and spares, bitumen, fuel and lubricants, and other material inputs in
accordance with the principles, procedures and formulae specified below:
(a) Price adjustment shall be applied on completion of the specified stage of the respective item
of work in accordance with Schedule-H;
(b) Adjustment for each item of work/stage shall be made separately.
(c) The following expressions and meanings are assigned to the value of the work done:
RW= Value of work done for the completion of a stage under the following items of Schedule-H: ESCALATION 10CA
Road works, Tunnel works; and Other works.
RTR = Value of work done for the completion of a stage under the items Approach roads including
bridges, culverts, Avalanche Protection measures, Snow galleries, Main Tunnel, Egress Tunnel and
other components including Ventilation shafts, Ventilation caverns, Dewatering, Earthwork,
Structures (Schedule-H).
(d) Price adjustment for changes in cost shall be paid in accordance with the following formulae:
Given in every tender
Advance Payment against newly purchased key Construction equipment required for the works as per agreed Construction programme and brought to the site, if so requested by the Contra
(a) such new equipment are considered by the Authority’s Engineer to be necessary for the works and ESCALATION 10CC
(b) these new equipment should be procured in the name of Contractor and is verified by Authority’s Engineer to have been brought to site.

The Contract Price shall be adjusted for increase or decrease in rates and price of labour, cement, ESCALATION/ PRICE VARIATION
steel, Plant, machinery and spares, bitumen, fuel and lubricants, and other material inputs in
accordance with the principles, procedures and formulae specified below:
(a) Price adjustment shall be applied on completion of the specified stage of the respective item
of work in accordance with Schedule-H;
(b) Adjustment for each item of work/stage shall be made separately.
(c) The following expressions and meanings are assigned to the value of the work done:
 7105.05
5263 sqm 199.994
4 1010.496 3263.06
489.1264
18.5868