quickly as possible after receiving this certificate and shall be paid for all work carried out before receiving it and for any works carried out afterwards to which commitment was made. 54. As built 54.1 If as built drawings and/ or operating and maintenance manual drawings and the list of materials purchased and the source of purchase is required, the contractor shall supply them by the dates stated in the contract data. 54.2 If the contractor does not supply the as built drawings and/or manuals by the dates stated in the contract data, or they do not receive the engineer’s approval, the engineer shall withhold the amount stated in the contract data from payments due to the contractor. 55. Retention 6% (six percent) retention money shall be deducted from running Money bills subject to a maximum of 5% of the agreement amount and 50% of the retention money so deducted shall be refunded immediately after completion of work to the satisfaction of Engineer & balance 50% will be released after expiry of the defect liability period. However, retention money can be released against unconditional Bank Guarantee in favour of department valid for 45 days beyond defect liability period. SECTION-4 SPECIAL CONDITIONS OF CONTRACT SECTION-4
quickly as possible after receiving this certificate and shall be paid for all work carried out before receiving it and for any works carried out afterwards to which commitment was made. 54. As built drawings 54.1 If as built drawings and/ or operating and maintenance manual and the list of materials purchased and the source of purchase is required, the contractor shall supply them by the dates stated in the contract data. 54.2 If the contractor does not supply the as built drawings and/or manuals by the dates stated in the contract data, or they do not receive the engineer’s approval, the engineer shall withhold the amount stated in the contract data from payments due to the contractor. 55. Retention Money 6% (six percent) retention money shall be deducted from running bills subject to a maximum of 5% of the agreement amount and 50% of the retention money so deducted shall be refunded immediately after completion of work to the satisfaction of Engineer & balance 50% will be released after expiry of the defect liability period. However, retention money can be released against unconditional Bank Guarantee in favour of department valid for 45 days beyond defect liability period. SECTION-4 SPECIAL CONDITIONS OF CONTRACT SECTION-4
Standard_Bidding_Document_2014_IWRD_NEW.docx