Workman’s compensation insurance, covering all employees of PMC Engineers. Insurance against fire, theft, damage and loss of all property owned by PMC CONSULTANT at the construction site. Group Personnel Accident Insurance covering of PMC Engineers. Security Deposit / Performance Bank Gurantee / Retention :-
Format :- Prescribed by Nayara Energy Ltd.
Form : Performance Bank Guarantee / DD/ SBLC
Equivalent to :- 5% of Basic contract value Validity :- upto commisioning plus one month claim period Declaration confirming the absence / existence of any Conflict of Interest or relationship or affiliations with Nayara Energy Remarks