The OMC shall be subject to any and all statutes, regulations, NHA bond covenants, policies and other official requirements relating to collection and processing of toll transactions and revenue for NHA facilities as required by the contract. The NHA cannot, by law, grant free passage to those using its facilities except for certain special cases. Therefore, all vehicles using NHA facilities with limited special exceptions for emergency and certain official vehicles and those exempted under law of the country are required to pay the applicable toll rate indicated at each toll plaza pay point. OMC shall get it verified all exempted vehicles from NHA. ACCOUNTING COST ACCOUNTING The OMC shall operate and maintain a job cost accounting for this project to provide historical documentation of costs associated with this work. These job cost accounting reports are intended to be for management purposes. The OMC use and maintain a PC-based Job Cost Accounting program compatible with the NHA’s existing software. The NHA will provide an approved copy of the job cost accounting program to the OMC, at no cost, after the issuance of Notice to Proceed for the Contract. However, it shall be the OMC’s responsibility to format the program to be compatible with the NHA’s cost accounting system and input the information required to establish the data base. The job cost accounting system shall track all costs associated with the OMC performance of the work including, but not limited to, accounts payable/receivable, invoicing, personnel, materials, utilities subcontractor costs, budgeting, estimates inventory. CASH DEPOSIT The OMC deposit net guaranteed fixed revenue in NHA’s designated bank account on monthly basis in advance. OMC shall deposit net guaranteed revenue on monthly advance basis (within first seven days of month) in NHA’s designated bank account net of taxes/ duties/ charges/levies of the Government. However, all taxes/duties and levies of the Government shall be paid separately. If he wishes to deposit taxes/duties/levies of the Government directly in the treasury he will provide the proof of deposit to NHA to discharge its liability as withholding agent. In case of failure to do so, Provisions as per Bid Data Sheet shall be implemented.
The OMC shall be subject to any and all statutes, regulations, NHA bond covenants, policies and other official requirements relating to collection and processing of toll transactions and revenue for NHA facilities as required by the contract. The NHA cannot, by law, grant free passage to those using its facilities except for certain special cases. Therefore, all vehicles using NHA facilities with limited special exceptions for emergency and certain official vehicles and those exempted under law of the country are required to pay the applicable toll rate indicated at each toll plaza pay point. OMC shall get it verified all exempted vehicles from NHA. ACCOUNTING COST ACCOUNTING The OMC shall operate and maintain a job cost accounting for this project to provide historical documentation of costs associated with this work. These job cost accounting reports are intended to be for management purposes. The OMC use and maintain a PC-based Job Cost Accounting program compatible with the NHA’s existing software. The NHA will provide an approved copy of the job cost accounting program to the OMC, at no cost, after the issuance of Notice to Proceed for the Contract. However, it shall be the OMC’s responsibility to format the program to be compatible with the NHA’s cost accounting system and input the information required to establish the data base. The job cost accounting system shall track all costs associated with the OMC performance of the work including, but not limited to, accounts payable/receivable, invoicing, personnel, materials, utilities subcontractor costs, budgeting, estimates inventory. CASH DEPOSIT The OMC deposit net guaranteed fixed revenue in NHA’s designated bank account on monthly basis in advance. OMC shall deposit net guaranteed revenue on monthly advance basis (within first seven days of month) in NHA’s designated bank account net of taxes/ duties/ charges/levies of the Government. However, all taxes/duties and levies of the Government shall be paid separately. If he wishes to deposit taxes/duties/levies of the Government directly in the treasury he will provide the proof of deposit to NHA to discharge its liability as withholding agent. In case of failure to do so, Provisions as per Bid Data Sheet shall be implemented.
RFP-of-10x-Manual-Toll-Plazas-2017-18.docx