The second party, on the works reaching each stage of construction, shall issue a notice to the first party or the Engineer nominated by the first party [who is responsible for supervising the contractor, administering the contract, certifying payments due to the contractor, issuing and valuing variations to the contract, awarding extension of time etc.) to visit the site for certification of stage completion. Within 15 days of the receipt of such notice, the first party or the engineer nominated by it, will ensure issue of stage completion certificate after due verification. 5. Completion time The works should be completed in _____________ (months/weeks/days) from the date of this Agreement. In exceptional circumstances, the time period stated in this clause may be extended in writing by mutual consent of both the parties. 6. If any of the compensation events mentioned below would prevent the work being completed by the intended completion date, the first party will decide on the intended completion date being extended by a suitable period: The first party does not give access to the site or a part thereof by the agreed period. The first party orders a delay or does not issue completed drawings, specifications or instructions for execution of the work on time. Ground conditions are substantially more adverse than could reasonably have been assumed before issue of letter of acceptance and from information provided to second party or from visual inspection of the site. Payments due to the second party are delayed without reason. Certification for stage completion of the work is delayed unreasonably. Any willful delay on the part of the second party in completing the construction within 7. the stipulated period will render him liable to pay liquidated damages. @ Rs. ____________ per day which will be deducted from payments due to him. The first party may cancel the contract and take recourse to such other action as deemed appropriate once the total amount of liquidated damages exceeds 5 % of the contract amount. (@Note: The amount of liquidated damages per day should be determined at not less than 0.05 % of the contract value of the works and indicated here). 8. Duties and responsibilities of the first party 8.1 The first party shall be responsible for providing regular and frequent supervision and guidance to the second party for carrying out the works as per specifications. This will include written guidelines and regular site visit of the authorized personnel of the first
The second party, on the works reaching each stage of construction, shall issue a notice to the first party or the Engineer nominated by the first party [who is responsible for supervising the contractor, administering the contract, certifying payments due to the contractor, issuing and valuing variations to the contract, awarding extension of time etc.) to visit the site for certification of stage completion. Within 15 days of the receipt of such notice, the first party or the engineer nominated by it, will ensure issue of stage completion certificate after due verification. 5. Completion time The works should be completed in _____________ (months/weeks/days) from the date of this Agreement. In exceptional circumstances, the time period stated in this clause may be extended in writing by mutual consent of both the parties. 6. If any of the compensation events mentioned below would prevent the work being completed by the intended completion date, the first party will decide on the intended completion date being extended by a suitable period: The first party does not give access to the site or a part thereof by the agreed period. The first party orders a delay or does not issue completed drawings, specifications or instructions for execution of the work on time. Ground conditions are substantially more adverse than could reasonably have been assumed before issue of letter of acceptance and from information provided to second party or from visual inspection of the site. Payments due to the second party are delayed without reason. Certification for stage completion of the work is delayed unreasonably. 7. Any willful delay on the part of the second party in completing the construction within the stipulated period will render him liable to pay liquidated damages. @ Rs. ____________ per day which will be deducted from payments due to him. The first party may cancel the contract and take recourse to such other action as deemed appropriate once the total amount of liquidated damages exceeds 5 % of the contract amount. (@Note: The amount of liquidated damages per day should be determined at not less than 0.05 % of the contract value of the works and indicated here). 8. Duties and responsibilities of the first party 8.1 The first party shall be responsible for providing regular and frequent supervision and guidance to the second party for carrying out the works as per specifications. This will include written guidelines and regular site visit of the authorized personnel of the first
1E%20non-eGP%20GL%20ESHS%20NCB-Small%20Works-Bid%20Document.docx