1. The document outlines payment terms for a contractor, including provisions for "On-Account" payments based on work completed according to the manager, as well as deductions that can be made.
2. It also specifies requirements for submitting bills, including using the standard railway format in triplicate and including all required documents. Bills can be submitted monthly.
3. The measurement book must be properly maintained by the in-charge, including clear recording of work done, and then forwarded along with documents and bills to the bill paying authority.
1. The document outlines payment terms for a contractor, including provisions for "On-Account" payments based on work completed according to the manager, as well as deductions that can be made.
2. It also specifies requirements for submitting bills, including using the standard railway format in triplicate and including all required documents. Bills can be submitted monthly.
3. The measurement book must be properly maintained by the in-charge, including clear recording of work done, and then forwarded along with documents and bills to the bill paying authority.
1. The document outlines payment terms for a contractor, including provisions for "On-Account" payments based on work completed according to the manager, as well as deductions that can be made.
2. It also specifies requirements for submitting bills, including using the standard railway format in triplicate and including all required documents. Bills can be submitted monthly.
3. The measurement book must be properly maintained by the in-charge, including clear recording of work done, and then forwarded along with documents and bills to the bill paying authority.
1. "On-Account" Payments The Contractor shall be entitled to be paid from
time to time by way of "On-Account" payment only for such works as in the opinion of the Manager she has executed in terms of the contract. All payments due on the Manager's or the Manager's Representative's certificates of measurements shall be subject to any deductions which may be made under these presents provided always that the Manager may by any certificate make any correction or modification in any previous certificate which shall have been issued by his and that the Manager may withhold any certificate, if the services or any part thereof are not being carried out to his satisfaction. 2. The Bills shall be submitted in triplicate in Railway standard bill format to the Sr.DEE/O/MYS, South Western Railway, Mysore through the In-charge office duly supported by all documents. Contractor may submit bills for payment with all enclosures claimed on calendar month basis. 3. The measurement book should be maintained by In- charge. The measurement book should written clearly as per the work done by the contractor and the same should be forwarded to Sr.DEE/O/MYS office by In charge for the work done by the contractor along with all the relevant documents and the monthly bill duly signed by the contractor and the In- charge. Sr. Divisional Finance Manager, South western Railway, Mysore is bill paying authority. 4. The bills should be submitted on or before 5th of every two months. 5. The Bills should be claimed only once in TWO MONTHS. No accumulation will be permitted for any reason. 6. Railway reserves the right to make any of the following deductions:
Any statutory deductions as per order of Govt. of India or State
Government. Penalties as per terms of the contract. Financial liability on the railways due to defective work done by the contractor while executing this contract. The Railway Administration shall have the right to withhold payment of dues to the contractor, if in opinion of the Railway Administration there has been breach in the terms of Contract. PENALTY CLAUSE
1. The following penalty will be imposed for the under-mentioned
items:-
1. Penalty will be imposed on contractor for any unsatisfactory
performance by inspecting officials as deemed fit. Penalty will be imposed minimum of Rs. 500 and maximum up to Rs. 2500/- per occasion/incident. 2. Non supply of the sand in time to the unit in charges will invite a penalty at the maximum up to Rs.10000/- (Rupees Ten thousand only) for each incidents of failure to supply the sand within 48 hrs of information to contractor. 3. If the contractor supplied sand is not found as per AAR specification No.M.916- 51 during inspection, penalty of Rs. 5000/- per incident will be imposed over and above, rejection of the entire lot. 4. If any sand bags are found scattered anywhere other than nominated places/ found misused / wasted will invite a penalty of minimum Rs 500 and maximum up to Rs 2500/- per day/ instance.