alga AeATX Government Of India ie 2a HATE Ministry Of Railways ara aS) (Railway Board) No, 2007/CE-I/CT/18/Pt.19 (FTS-8798) New Delhi, Dated 15.10.2014 To, As per list attached. Sub : Price Veriation Clause - Addendum & Corrigendum Slip (ACS) no, 02 to GCC, July 2014 : Amendment in Clause 46A.1 of GCC. Ref: Railway Board's circulars (i) No, 2007/CE-I/CT/18 Pt.19, dated 14.12.2012 (ii) No, 2007/CE-I/CT/18 Pt.19, dated 07.05.2013 (ili) No, 2007/CE-T/CT/18 Pt.19, dated 02.05.2014 1, In terms of Railway Board's above referred circular, dated 14.12.12; Price Variation Clause was incorporated in GCC alongwith the related instructions. 2, The issues, referred to Board have been examined and it has been decided to make amendments & clarifications on the subject, as mentioned hereunder. 3. Para 1 of Railway Board's Circular no. 2007/CE-I/CT/18 Pt.19, dated 14.12.2012 is revised as under Existing Provision Modified Content | Price Variation Clause shall be | Price Variation Clause (PVC) shall be applicable applicable only for tenders of value | only for contracts of value (Contract Rs. 50 lakh and more, irrespective | Agreement value) Rs. 50 lakh and more, of the contract completion period. _| irrespective of the contract completion period 4. Further, Clause 46A.1 of GCC is modified as under Existing Clause Modified Clause 46A.1 Applicability ‘464.1 Applicability | Price Variation Clause (PVC) shall be | Price Variation Clause (PVC) shall be applicable only for tenders of value as | applicable only for contracts of value as prescribed by the Ministry of | prescribed by the Ministry of Railways Railways through instructions /| through instructions /circulars issued from circulars issued from time to time and | time to time and irrespective of the contract irrespective of the contract | completion period. Variation in quantities shall completion period. Materials supplied | not be taken into account For applicability of free of cost by Railway to the | PVC in the contract. contractors shall fall outside the | Materials supplied free of cost by Railway to purview of Price Variation Clause. If,| the contractors shall fall outside the purview | in any case, accepted offer includes | of Price Variation Clause. If, in any case, some specific payment to be made to | accepted offer includes some specific Page 1consultants or some materials supplied | payment to be made to consultants or some by Railway free or at fixed rate, such | materials supplied by Railway free or at fixed Poyments shall be excluded from the | rate, such payments shall be excluded from gross value of the work for the the gross value of the work for the purpose Purpose of payment/recovery of price | of payment/recovery of price variation variation, 5, It has also been decided that an authority competent to accept the tender or Sr.Admin, Grade (SAG) of ficer of executive department, whichever is higher, may decide that PVC shall not apply to a particular contract even if the Contract Agreement value works out to be Rs. 50 lakh or more OR that PVC shall apply even if the Contract Agreement value works out to be less than Rs. 50 lakh. Such a decision shall be taken with concurrence of associate finance and reasons shall be recorded in writing. Such a decision shall be taken before issuance of N.I.T. (Notice Inviting Tender) and it shall be incorporated as Special Condition of Contract (in Tender Document and Contract Agreement), 6. Applicability of PVC based on original contract value is illustrated as under ~ “Tf estimated value of a tender (NLT. value) is Rs. 55 lakh: but value of the contract as per Contract Agreement is Rs. 45 lakh, then PVC shall not apply, even if the actual final value is Rs. 50 lakh or more due to variation in quantities during execution of the contract. Thus, variation in quantities after signing of Contract Agreement is not relevant for deciding whether PVC is applicable to a contract or not." 7. This issues with the concurrence of the Finance Directorate of the Ministry of Railways. Please acknowledge receipt. aarcionndh ferearenjfantarer sctfereationain jeer ars [Phone : 030-84803 (Rly.): O11-23383379 (MTNL); 09910487302 (CUG Mobile)) email address : edceg@rb,roilnet gov.in No. 2007/CE-I/CT/18/Pt.19 (FTS-8798) New Delhi, Dated 15.10.2014 Copy forwarded for information to () FA&CAO, All Indian Railways (i) Dy. Comptroller and Auditor General of India (Railways), Room no. 224, Rail Bhavan, New Delhi (with 46 spare copies). For Financial Commissioner / Railways Page 2ust 1, General Managers, All Tedian Railways & Production Units. Ta, General Marager (Con), NF Railway, Guwahot 2 Principal Chief Engineers, All Ind Railways. 3. Chief Administrative Officers (Cor), ll Indien Rllwoys. (Except NF. Railway) 4. chief Vigiance Officers, All Indian Railways, copy te: w 1. CAO/CAO(R), COFMOW, Tilak Bridge, New Delhi-t10002 2 CAO/CAO{R), Diesel Locomotive Werks Patela(Punjcb), 3. CAO, Rail Coach Factory/Rae bareli Project, Kishangan), Delhi: 7 4. GRE, Central Organisation for Ralnay Electrification (CORE), Allchabed ® 1 Director General, 2DSO, Marak Nagar, Lucknow-226011 2 Director General, Notional Academy of Indian Relays . Vododore-390004 3. Chief Commissioner of Reilacy Safety, Ashoka Rood, Luckrow-226001, oO 1. Director, TRECEN, Rail Path, Pune. Pin-611001 (Mahareshtro). 2 Director, IRTEEN, P.81No.-233, Nasik Road-422101 (Maharashtra). 3. Director, IRISET, Tornaka Road, Lalla Gude , Secunderabad-500017 4. Director, IREMEE, Jomalpur Distt, Jamalpur - 811214, (Bihar) 5. Director. IRITM, Saraswoti Residential Estate, TRITM Campus, Manck Nagar Lucknow. 6. Director, JRRPF Academy. Lucknow 7, Talon Reweys Organisation for alternate Fel, 12% fae, CORE-T, SCOPE sia. Ostrict Cntr, Lox’ Ngor Delhi - 10092 1 MD, DMRC, Metro Bhower, 13, Fire Bridge Lone, Barakhanba Rood, New Delh- 110 60t, 2 MD, CONCOR, Corcor Bhawan, C3, Mathura Road. Opp. Apollo Hospital, New Delh- 110076, 3. IRCON International Limited, €-4, District entre, Seket, New Delhi 110017 4. MD, RITES Ltd, RITES Bhawan, Plot No, Sector-29, Gurgaon, Haryana-I22001 5. MD. RVNL, August Kranti Bhawan Plot No.25, 1" Floor, Bhikaji Coma Place, New Delhi-110066 6 MD, MRVCLtd,, Churchgate Station Bldg, Mumbai- 400020 7. MD, KONKAN Railway Corporation Ld, Rail Bhawan, New Delh-110001 8. MD, DFCCEL, 5" Floor, Pragati Maidan Metro Station ulirg Complex, New Delhi-t10001, 9, MD, RLDA, Near Safdarjung Railway Station, Moti 8agh,Phase-T, New Delhi- 1002 10. CMD, RelTel Corporation of India Ltd, Plt no, 143, Institutional Area, Sector~44, Gurgoon, Haryana -122003 T._RGF, Rae Bareilly. Kishan Gan, Delhi 12, CME, TROFAF, 12" Floor, Core-I, Scape Minar, Distt. Centre, Laxmi Nagar, Delh- 110092 13, CAO, Indian Railways (Workshop Projects), Chamber Bhawan, Judge's Court Read, Anta Ghat, Patna-80000t, Bihar. © 1, General Secretary, IRCA, DRM Office, New Delhi 2. General Secretary, ATRF Rail Bhawon, New Delhi 3. General Secretary, NFTR, Rail Bhowan, New Delhi 4. General Secretary, IRPOF, Rail Bhawan, New Delhi 5. General Secretary, FROA, Ral Bhawan, New Delhi 6 General Secretary, ATRPA, Rail Bhawan, New Delhi 7. General Secretory, AISCASTREA, Room ne 7, Rll Bhawan, New Delhi, 8, The Secretary, RBSS, Group (A) Officers Association, Rall Bhawan 9. The Secretary, BBSS. Group (8) Officers Association, Ral Bhawan 10. The Secretary, RBMSA, Rel Bhowar, I The Secretary, Roiaay Board , Group (D) Employees Association, Rail haw, opy to: CRB, FC. ME, ML, MS, MM, MT, Secy., AM(CE), AM(WORKS), AMPLE) AM(STAFF), AM(Mech), AM(Elec). AM(PL). ‘AWTele), AM(SiQ), AM(Traffic), AMM), AMI), Adv(Projects), Adv(L&A), Adv.(Vig), Adv(Rates), AM(Stores), AM(ZT) AM(TEC), AM(Comml) DG(RHS), DG(RPF), Adv(RE), AdvEle(G), EDTK(M), EDTK(MC), EDTKIP), EDW(Plg), EDMECTrack), EDCE(BAS), EDCE(RCAF), EDFOX)-T, EDFCXITT, DF(X)-IT, ED(W), EDCE(), EDPROJECT), ED(LAA)-T, ED(L4A)-IE. EDVE, ED/DM, ED(Safety), ED(Sig), ED(Tele), EDRS(S), ED(EARJEDEE(Dev.), EDEE(RS), EDIEEM), EDRE(SAT), EDE, EDE(N), EDE(Res), EDFE. DPC, ED(Accounts), ED(TAMPP), EDE(GC), EDME(CHE), EDME(F), EDME(Dev.) EDME(W), ED(Pig), ED(CHE), EDRS(P) EDRS(S), EDF(S), ED(FC), EDPM, EDPG, EDTC(R), EDTTIF), EDTT(M), EDTT(S), EDV(S), EDV(T), DCE(BAS), DCE), Di(LAA), TS(Conf), 535(6), JS), LA, Eco.(Adv,) FOX IT, VigITT, Vig(Conf.), LAA, Track I & IE, Telecom, Sigral, RS(G) & Electrical Brenches of Rly Board,