Income Tax and any other taxes etc. as may be applicable from time to time during the currency of contract shall be deducted at source from the running bill(s). 4.0 Sub-contracting Agencies to which work is awarded are not allowed to Sub-contract the work to any other parties either in part or full. 5.0 Quantity of work RECTPCL reserves the right to increase or decrease the quantity of work, split of the work to Agencies or other terms and conditions at the sole discretion of the RECTPCL. Suitable Amendment/ communications shall be issued in the event of variations in the quantities. 6.0 It will be imperative on each bidder to fully acquaint itself of all factors/activities which would have effect on the performance of the work and its cost. 7.0 As the work is to be awarded by two separate clients to RECTPCL (i.e., UPRVUNL and UPPTCL) two separate contracts will be issued to the L1 agency and payment will be regulated accordingly. However evaluation of the quotes shall be made on a total basis. SECTION-IV FINANCIAL PROPOSAL - STANDARD FORMS FIN-1 LETTER FOR SUBMISSION OF FINANCIAL BIDS FIN-2 BIDDER’S ORGANIZATION FIN -3 FINANCIAL BID FORM FORM FIN-1 LETTER FOR SUBMISSION OF FINANCIAL BID To, Chief Financial Officer REC Transmission Projects Company Limited ECE House, 3rd Floor, Annexe II, 28A, – KG Marg, New Delhi- 110001 Sub.: Engagement of Agency for consultancy on GST to both the clients of RECTPCL i.e., UPRVUNL and UPPTCL
Income Tax and any other taxes etc. as may be applicable from time to time during the currency of contract shall be deducted at source from the running bill(s). 4.0 Sub-contracting Agencies to which work is awarded are not allowed to Sub-contract the work to any other parties either in part or full. 5.0 Quantity of work RECTPCL reserves the right to increase or decrease the quantity of work, split of the work to Agencies or other terms and conditions at the sole discretion of the RECTPCL. Suitable Amendment/ communications shall be issued in the event of variations in the quantities. 6.0 It will be imperative on each bidder to fully acquaint itself of all factors/activities which would have effect on the performance of the work and its cost. 7.0 As the work is to be awarded by two separate clients to RECTPCL (i.e., UPRVUNL and UPPTCL) two separate contracts will be issued to the L1 agency and payment will be regulated accordingly. However evaluation of the quotes shall be made on a total basis. SECTION-IV FINANCIAL PROPOSAL - STANDARD FORMS FIN-1 LETTER FOR SUBMISSION OF FINANCIAL BIDS FIN-2 BIDDER’S ORGANIZATION FIN -3 FINANCIAL BID FORM FORM FIN-1 LETTER FOR SUBMISSION OF FINANCIAL BID To, Chief Financial Officer REC Transmission Projects Company Limited ECE House, 3rd Floor, Annexe – II, 28A, KG Marg, New Delhi- 110001 Sub.: Engagement of Agency for consultancy on GST to both the clients of RECTPCL i.e., UPRVUNL and UPPTCL