Appointment of EPC Contractor for Construction of Group VIII Projects comprising of multistorey hostel blocks, academic building, faculty offices and apartments and other associated Infrastructure at IIM Indore

Amount

EPC Contract for construction of Group VIII Projects Comprising of multi-storey hostel blocks, academic building, faculty offices & Apartments and other associated Infrastructure at IIM Indore & other requisite as per this RFP. (Important Instruction for interpretation - Due to format constraint the quantity mentioned in the column of Quantity as 1.00 which should be read as "as Detailed in this RFP")

Note: - 1.The Consolidated Price shall be for the total Scope of works as detailed in the RFP. The Bidders are required to quote a consolidated amount quoted for the entire scope of this RFP excluding GST. GST, PF & ESIC would be reimbursed, as applicable at actuals during currency of this contract. PF,ESIC shall be reimbursed as per Clause 9.71 of SCC. GST shall be reimbursed as per Clause 9.67 of SCC. 2. The price shall remain firm during the currency of the contract subjected to Clause 17.8 of GCC “Price adjustment for Works” read with other terms and conditions of this RFP. 3. The quoted amount shall be deemed to include inter alia the cost of necessary Plant & equipment, Qualified Technical staff, Expert technical consultants, third party structural audit for project health by IIT, third party proof check by IIT, skilled & un skilled labours, necessary liaisoning approvals, insurances, policy, labour compliances, CAR Policy, WCP policy, BOCW, Labour Cess and all other expenditures, which the EPC Contractor may incur in the course of the execution of the contract. The EPC Contractor shall not be entitled to any payment or remuneration, whatsoever, over and above the Agreed Contract Price, only GST, PF & ESIC shall be reimbursable as per actual and “Price adjustment for Works” vide Clause 17.8 of GCC read with other terms of this RFP. Note Continued.....

4. All necessary statutory deductions as per laws of the Local Bodies / State Government/ Government of India shall be made from the bills payable to the EPC Contractor and No extra payment / claim will be entertained in this regard. 5. In the event of delay attributable to the EPC Contractor & if there is an increase in GST, PF & ESIC , then the reimbursement towards GST, PF & ESIC may be restricted to the rate as prevailing during currency of the original contract.

NCC LIMITED

Girdhari Lal Constructions Pvt Ltd.