13th RA Bill Supporting

SHRISTI-SPML JV
BILL FOR ADJUSTMENT FOR CHANGES IN COST

(Sub-clause 13.8 of PCC)
Name of Work: Design, Build, Testing & Commissioning of the following packages along with Five
years of Operation & Maintenance including Two years of Defect Liability in the
ABD Area of Ludhiana under Smart City Mission.
 Water Distribution Network.
 Sewerage Disposal System.
 Storm Water Drainage Network.
Ref: Contract Agreement dated 29th March 2019.
Bill Data: -
Last date for submission of bid: 03.01.2019

Base Date (30 days prior to bid closing date): 04.12.2018
Date of Work Order: 29.03.2019
Non-Adjustment Period
(18 months after contract Sub-clause 13.8.9 of PCC): Upto28.09.2020
Original Date of Completion: 28.02.2021

Extended Date of Completion: 31.03.2022
Date of 9th Interim Payment Certificate: 01.11.2021
49 days prior to 9th Interim Payment Certificate: 19.09.2021
Adjustment Coefficients:
(a) Fixed : 0.03
(b) Labour : 0.40
(c) Material : 0.55
(d) Fuel and Power : 0.02
Adjustment Formula (Factor):

Pn=a+ bxLn/Lo +cxMn/Mo +dxEn/Eo + etc. where
Ln, Mn, En are current cost indices for month n, 49 days prior to the last day of the period
to which the Interim Payment Certificate relates.
Lo, Mo, Eo are the Base Date cost indices.
Sr. No. Interim Date/Month Labour Material Fuel Index

Payment 49 days Index Index
Certificate prior
1. Base Date 04.12.2018 301 119.7 102.8
2. 9th 19.09.2021 355.104 137.4 119
Adjustment Factor for 9th Interim Payment Certificate: (Original unadjusted Amount of Payment
Certificate =56886925)
Pn =0.03+0.40x355.104/301 +0.55x137.4/119.7 +0.02x119/102.8
=0.03 + 0.40 x 1.1797 + 0.55 x 1.1479 + 0.02 x 1.1576
=0.03 + 0.4719 + 0.55 x 1.1479 + 0.02 x 1.1576
Plot No. X-1, 2, 3 Block-EP, Sector-V, Salt Lake City, Kolkata-700091
E-mail: sambit.ghosh@shristicorp.com, Contact: +91-33-4020 2020
SHRISTI-SPML JV
=0.5019 + 0.6313 + 0.0232
=1.1564
Adjustment for changes in cost = Original Amount x Adjustment Factor (-) Original Amount = 56886925
x 1.1564 (-) 56886925
= 65784040 – 56886925 = 88,97,115/-
Adjustment for 9th Interim Payment Certificates = 88,97,115/-

(Rs. Eighty Eight Lac Ninety Seven Thousand, One Hundred Fifteen only)

7/22/22, 1:24 PM Office of Economic Adviser
भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY
आर्थिक सलाहकार का कार्यालय
OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

INTERNAL TRADE

Wholesale Price Index (WPI)
Monthly Wholesale Price Index

Name of Commodity : All commodities
Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

Month/Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 116 116.1 116.3 117.3 118.3 119.1 119.9 120.1 120.9 122 121.6 119.7
1. Figure 0 may be treated as index for particular item not-available.

2. Figures for the latest two months are provisional. Latest two months are
to be reckoned with reference to the latest
monthly press release issued.
3. (NR : Not Released) : Please refer official Press Release for more information.
Website Content Managed by Office of the Economic Adviser, DPIIT, MoCI, GoI
Disclaimer | Last updated on 18.07.2022
https://eaindustry.nic.in/display_data_201112.asp 1/1



INTERNAL TRADE


Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

2021 126.5 128.1 129.9 132 132.9 133.7 135 136.2 137.4 140.7 143.7 143.3




INTERNAL TRADE


Name of Commodity : II FUEL & POWER
Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2018 97.5 98.8 98 99 102.4 104.4 104.4 104.9 107.8 111.3 109.3 102.8




INTERNAL TRADE


Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2021 100.7 105.7 109.2 108.9 109.8 110.7 115.2 117.9 119 126 136 133.8

7/22/22, 12:13 PM All India Consumer Price Index (AICPI)for Industrial Workers
ALL INDIA AVERAGE CONSUMER PRICE INDEX (Base 2001=100) for industrial workers
Year Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.
2006 119 119 119 120 121 123 124 124 125 127 127 127
2007 127 128 127 128 129 130 132 133 133 134 134 134
2008 134 135 137 138 139 140 143 145 146 148 148 147
2009 148 148 148 150 151 153 160 162 163 165 168 169
2010 172 170 170 170 172 174 178 178 179 181 182 185
2011 188 185 185 186 187 189 193 194 197 198 199 197
2012 198 199 201 205 206 208 212 214 215 217 218 219
2013 221 223 224 226 228 231 235 237 238 241 243 239
2014 237 238 239 242 244 246 252 253 253 253 253 253
2015 254 253 254 256 258 261 263 264 266 269 270 269
2016 269 267 268 271 275 277 280 278 277 278 277 275
2017 274 274 275 277 278 280 285 285 285 287 288 286
2018 288 287 287 288 289 291 301 301 301 302 302 301
2019 307 307 309 312 314 316 319 320 322 325 328 330
2020 330 328 326 329 330 332 336 338 340 344 345 342
Note: The index numbers with base 1982=100 can be obtained by multiplying the above values with the link factor of 4.63.
New index numbers with base year as 2016:

2020 340.128 344.16 345.312 342.144
2021 340.416 342.72 344.448 345.888 347.328 350.496 353.664 354.24 355.104 359.712 362.016 361.152
2022 360.288 360 362.88 367.776 371.52
The Labour Bureau has changed the base year of the Consumer Price Index for Industrial Workers from 2001 to
2016. The link factor for the new series (2016=100) to the old series (2001=100) is 2.88.
The above table gives the values from September 2020 with base year as 2001, calculated by multiplying the new
index number with the link factor.
The new index numbers with base 2016 is being made available from September 2020 and the values can be found
here (AICPI with base 2016).
The index numbers are no more being given as a whole number.
Roy's CyberJournalist
Trade links
Index with Base 1982 Index with Base 2016
Home Page Resources for
Journalists Government of
India
links
cyberjournalist.org.in/majithia/aicpi_2001.php 1/1
SHRISTI-SPML JV

Bill Data: -


Date of 11th Interim Payment Certificate: 31.03.2022
49 days prior to11th Interim Payment Certificate: 10.02.2022
Adjustment Coefficients:
(a) Fixed : 0.03
(b) Labour : 0.40
(c) Material : 0.55


Certificate prior
1. Base Date 04.12.2018 301 119.7 102.8
2. 11th 10.02.2022 360 145.3 138.3

SHRISTI-SPML JV
Pn =0.03 + 0.40 x 360/301 + 0.55 x 145.3/119.7 + 0.02 x 138.3/102.8
=0.03 + 0.40 x 1.1960 + 0.55 x 1.2139 + 0.02 x 1.3453
=0.03 + 0.4784 + 0.55 x 1.2139 + 0.02 x 1.3453
=0.5084 + 0.6676 + 0.0269
=1.2029
x 1.2029 (-) 38892557
= 46783856.82 - 38892557 =7891299.82
Adjustment for 11th Interim Payment Certificates = 78, 91,300/

(Rs. Seventy Eight Lac Ninety One thousand, Three hundred only)

5/26/22, 10:03 AM Office of Economic Adviser



INTERNAL TRADE


Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

2018 116 116.1 116.3 117.3 118.3 119.1 119.9 120.1 120.9 122 121.6 119.7




INTERNAL TRADE


Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

2022 143.8 145.3 148.8 151.9




INTERNAL TRADE


Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2018 97.5 98.8 98 99 102.4 104.4 104.4 104.9 107.8 111.3 109.3 102.8




INTERNAL TRADE


Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2022 135.3 138.3 146.9 151

5/26/22, 10:12 AM All India Consumer Price Index (AICPI)for Industrial Workers
2006 119 119 119 120 121 123 124 124 125 127 127 127
2007 127 128 127 128 129 130 132 133 133 134 134 134
2008 134 135 137 138 139 140 143 145 146 148 148 147
2009 148 148 148 150 151 153 160 162 163 165 168 169
2010 172 170 170 170 172 174 178 178 179 181 182 185
2011 188 185 185 186 187 189 193 194 197 198 199 197
2012 198 199 201 205 206 208 212 214 215 217 218 219
2013 221 223 224 226 228 231 235 237 238 241 243 239
2014 237 238 239 242 244 246 252 253 253 253 253 253
2015 254 253 254 256 258 261 263 264 266 269 270 269
2016 269 267 268 271 275 277 280 278 277 278 277 275
2017 274 274 275 277 278 280 285 285 285 287 288 286
2018 288 287 287 288 289 291 301 301 301 302 302 301
2019 307 307 309 312 314 316 319 320 322 325 328 330
2020 330 328 326 329 330 332 336 338 340 344 345 342

2020 340.128 344.16 345.312 342.144
2021 340.416 342.72 344.448 345.888 347.328 350.496 353.664 354.24 355.104 359.712 362.016 361.152
2022 360.288 360 362.88
Trade links
India
links
SHRISTI-SPML JV

Bill Data: -


Date of 12th Submission 18.04.2022 Date
th
of 12 Interim Payment Certificate: 13.07.2022
th
49 days prior to12 Interim Payment Certificate: 28.02.2022 Adjustment
Coefficients:
(a) Fixed : 0.03
(b) Labour : 0.40
(c) Material : 0.55


Certificate prior
1. Base Date 04.12.2018 301 119.7 102.8
2. 12th 18.02.2022 360 145.3 138.3

SHRISTI-SPML JV
Pn =0.03 + 0.40 x 360/301 + 0.55 x 145.3/119.7 + 0.02 x 138.3/102.8
=0.03 + 0.40 x 1.1960 + 0.55 x 1.2139 + 0.02 x 1.3453
=0.03 + 0.4784 + 0.55 x 1.2139 + 0.02 x 1.3453
=0.5084 + 0.6676 + 0.0269
=1.2029
x 1.2029 (-) 26071886
= 31361871.67 - 26071886 =5289985.66
Adjustment for 12th Interim Payment Certificates = 52,89,986/

(Rs. Fifty Two Lac Eighty Nine Thousand, Nine Hundred Eighty Six Only)




INTERNAL TRADE


Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

2018 116 116.1 116.3 117.3 118.3 119.1 119.9 120.1 120.9 122 121.6 119.7




INTERNAL TRADE


Type : Group Item
Weight : 100
Base Year : 2011-12 = 100

2022 143.8 145.3 148.8 151.9




INTERNAL TRADE


Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2018 97.5 98.8 98 99 102.4 104.4 104.4 104.9 107.8 111.3 109.3 102.8




INTERNAL TRADE


Type : Group Item
Weight : 13.1519
Base Year : 2011-12 = 100

2022 135.3 138.3 146.9 151

5/26/22, 10:12 AM All India Consumer Price Index (AICPI)for Industrial Workers
2006 119 119 119 120 121 123 124 124 125 127 127 127
2007 127 128 127 128 129 130 132 133 133 134 134 134
2008 134 135 137 138 139 140 143 145 146 148 148 147
2009 148 148 148 150 151 153 160 162 163 165 168 169
2010 172 170 170 170 172 174 178 178 179 181 182 185
2011 188 185 185 186 187 189 193 194 197 198 199 197
2012 198 199 201 205 206 208 212 214 215 217 218 219
2013 221 223 224 226 228 231 235 237 238 241 243 239
2014 237 238 239 242 244 246 252 253 253 253 253 253
2015 254 253 254 256 258 261 263 264 266 269 270 269
2016 269 267 268 271 275 277 280 278 277 278 277 275
2017 274 274 275 277 278 280 285 285 285 287 288 286
2018 288 287 287 288 289 291 301 301 301 302 302 301
2019 307 307 309 312 314 316 319 320 322 325 328 330
2020 330 328 326 329 330 332 336 338 340 344 345 342

2020 340.128 344.16 345.312 342.144
2021 340.416 342.72 344.448 345.888 347.328 350.496 353.664 354.24 355.104 359.712 362.016 361.152
2022 360.288 360 362.88
Trade links
India
links

13th RA Bill Supporting

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SHRISTI-SPML JV

BILL FOR ADJUSTMENT FOR CHANGES IN COST

Last date for submission of bid: 03.01.2019

Original Date of Completion: 28.02.2021

Adjustment Formula (Factor):

Sr. No. Interim Date/Month Labour Material Fuel Index

Adjustment for 9th Interim Payment Certificates = 88,97,115/-

Plot No. X-1, 2, 3 Block-EP, Sector-V, Salt Lake City, Kolkata-700091

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

1. Figure 0 may be treated as index for particular item not-available.

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

1. Figure 0 may be treated as index for particular item not-available.

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

1. Figure 0 may be treated as index for particular item not-available.

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

1. Figure 0 may be treated as index for particular item not-available.

New index numbers with base year as 2016:

2020 340.128 344.16 345.312 342.144

2022 360.288 360 362.88 367.776 371.52

BILL FOR ADJUSTMENT FOR CHANGES IN COST

Last date for submission of bid: 03.01.2019

Original Date of Completion: 28.02.2021

Adjustment Formula (Factor):

Sr. No. Interim Date/Month Labour Material Fuel Index

Plot No. X-1, 2, 3 Block-EP, Sector-V, Salt Lake City, Kolkata-700091

Adjustment for 11th Interim Payment Certificates = 78, 91,300/

Plot No. X-1, 2, 3 Block-EP, Sector-V, Salt Lake City, Kolkata-700091

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

1. Figure 0 may be treated as index for particular item not-available.

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण

आर्थिक सलाहकार का कार्यालय

OFFICE OF THE ECONOMIC ADVISER

DEPARTMENT FOR PROMOTION OF INDUSTRY AND

Wholesale Price Index (WPI)

Monthly Wholesale Price Index

2022 143.8 145.3 148.8 151.9

1. Figure 0 may be treated as index for particular item not-available.

भारत सरकार वाणिज्य एवं उद्योग मंत्रालय हिंदी संस्करण