Tender For Renovation Of Pdl Facility.

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Tender For Renovation Of Pdl Facility. Liquidated Damage: In case the work is delayed beyond the specified completion period for reasons attributed to the contractor, deductions on account of Liquidated damages @ 1 % of the contract value per week will be deducted subject to a maximum of 10% of the total contract value excluding GST. However, in case there is an inordinate delay beyond the schedule completion/contract period, ICGEB reserves the right to get the work done by any other contractor at the risk and cost of the contractor and extra amount to this affect along with 10% over heads will be deductible from his bills/dues. 8. Rates quoted by bidder in ‘Price Bid’ will be item rates i.e. will be all inclusive including material, labour, cartage, tools, tackles, all access ladders & scaffolding, (all taxes excluding GST), Contractors overhead profit and all other expenses not specifically mentioned but reasonably implied.